What Have Remittances Done to Development? Evidence from the Caribbean Community and Common Market

This paper analyzes the long-run impact of remittances on socio-economic development in the Caribbean Community and Common Market (CARICOM) between 1970 and 2013. We find that remittances have improved the health indicators, reducing infant and child mortality, and food deficit and improving life ex...

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Veröffentlicht in:The Review of Black political economy 2016, Vol.43 (3-4), p.343-361
Hauptverfasser: Lim, Sokchea, Simmons, Walter O.
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description This paper analyzes the long-run impact of remittances on socio-economic development in the Caribbean Community and Common Market (CARICOM) between 1970 and 2013. We find that remittances have improved the health indicators, reducing infant and child mortality, and food deficit and improving life expectancy, and sanitation and water sources, especially in the rural areas. However, remittance inflows have no significant impact on education and communication infrastructure. Neither do they contribute to any demographic changes.
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source Worldwide Political Science Abstracts; Sociological Abstracts; SAGE Complete A-Z List
subjects Caribbean cultural groups
Changes
Child mortality
Children
Common markets
Communication
Consumption
Demographics
Drinking water
Economic development
Economic growth
Economic Policy
Economics
Economics and Finance
Education
Effects
Enrollments
Food
Health
Human capital
Indexes
Infant mortality
Infrastructure
Longevity
Maternal and infant welfare
Mortality rates
Payments
Political Science
Remittances
Rural areas
Rural schools
Sanitation
Social change
Sociodemographics
Socioeconomic factors
Sociology
Statistical analysis
Transnationalism
Trends
Water supply
title What Have Remittances Done to Development? Evidence from the Caribbean Community and Common Market
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