Finance, Development, and Remittances: Extending the Scale of Accumulation in Migrant Labour Regimes

The last decade has seen a heightened level of interest in the relationship between remittances and development, driven by the World Bank and other Bretton Woods Institutions. This has materialised in a global agenda to incorporate migrants and their households in commercial banking. The double significance of this policy rests in the financial incorporation of migrants and their households, and in the deepening entrenchment of the historical labour migration dynamic between sending communities and centres of capital. The central role of labour power in the advance of money forms the core of this analysis of a contemporary market-building strategy. This article presents a threefold critique of the global remittance agenda, based on (1) its transformative profit-driven development ideology, (2) its detachment of remittances from the political economy of migrant labour regimes, and (3) its dismissal of existing modes of remitting and uses of the funds

Impact of remittances on economic growth in developing countries: The role of openness

The paper examines the empirical relationship between remittances and economic growth for a sample of 62 developing countries over the time period 1990–2014. Remittances seem to promote growth only in the ‘more open’ countries. That is because remittances are in themselves not sufficient for growth. The extent of the benefit depends on domestic institutions and macroeconomic environment in the receiving country. Unlike the ‘less open’ countries, ‘more open’ countries have better institutions and better financial markets to take advantage of the remittances income and channelise them into profitable investments which, in turn, accelerates the rate of economic growth in these countries.N/

Sending money home: a mixed-Methods study of remittances by migrant nurses in Ireland

© 2009 Humphries et al; licensee BioMed Central Ltd. This is an Open Access article distributed under the terms of the Creative Commons Attribution Licens

On the use of fingernail images as transient biometric identifiers

The significant advantages that biometric recognition technologies offer are in danger of being left aside in everyday life due to concerns over the misuse of such data. The biometric data employed so far focuses on the permanence of the characteristics involved. A concept known as ‘the right to be forgotten’ is gaining momentum in international law and this should further hamper the adoption of permanent biometric recognition technologies. However, a multitude of common applications are short-term and, therefore, non-permanent biometric characteristics would suffice for them. In this paper we discuss ‘transient biometrics,’ i.e. recognition via biometric characteristics that will change in the short term and show that images of the fingernail plate can be used as a transient biometric with a useful life-span of less than 6 months. A direct approach is proposed that requires no training and a relevant evaluation dataset is made publicly available

Free-Standing Hierarchically Sandwich-Type Tungsten Disulfide Nanotubes/Graphene Anode for Lithium-Ion Batteries

Transition metal dichalcogenides (TMD), analogue of graphene, could form various dimensionalities. Similar to carbon, one dimensional (1D) nanotube of TMD materials has wide application in hydrogen storage，Li-ion batteries and supercapacitors due to their unique structure and properties. Here we demonstrate the feasibility of tungsten disulfide nanotubes (WS2-NTs)/graphene (GS) sandwich-type architecture as anode for lithium-ion batteries for the first time. The graphene based hierarchical architecture plays vital roles in achieving fast electron/ion transfer, thus leading to good electrochemical performance. When evaluated as anode, WS2-NTs /GS hybrid could maintain a capacity of 318.6 mA/g over 500 cycles at a current density of 1A/g. Besides, the hybrid anode does not require any additional polymetric binder, conductive additives or a separate metal current-collector. The relatively high density of this hybrid is beneficial for high capacity per unit volume. Those characteristics make it a potential anode material for light and high performance lithium-ion batteries

Exchange rate volatility and capital inflows: role of financial development

There is vast literature examining the impact of exchange rate volatility on various macroeconomic aggregates such as economic growth, trade flows, domestic investment, and more recently capital flows. However, these studies have ignored the role of financial development while examining the impact of exchange rate volatility on capital flows. This study aims to analyze the impact of exchange rate volatility on capital inflows towards developing countries by incorporating the role of financial development over the time period 1980–2013. In this regard, the behavior of two types of capital flows is examined: physical capital inflows measured as foreign direct investment, and financial inflows quantified through remittance inflows. The empirical investigation comprises the direct as well as indirect effect of exchange rate volatility on capital inflows. The study employs dynamic system GMM estimation technique to empirically estimate the effect of exchange rate volatility on capital inflows. The empirical results of the study identify that exchange rate volatility dampens both physical and financial inflows towards developing countries. The indirect impact of exchange rate volatility through financial development, however, turns out positive and statistically significant. This finding reflects that financial development helps in reduc- ing the harmful impact of exchange rate volatility on capital inflows. Hence, the study concludes that a developed financial system is an important channel through which developing countries may improve capital inflows in the long run.info:eu-repo/semantics/publishedVersio