ABSTRACT. In this paper I am particularly interested in exploring the economic impact of remittances in developing countries, the potential benefits and vulnerabilities brought about by remittances, and the interactive effects of remittances on economic growth. The objective of this paper is to emphasize the positive influence of remittance flows into the developing economies, the relationship between remittances and the economic cycle in the recipient economy, the impact of remittances on the supply of labor, and the connection between remittance inflows and per capita income growth. pp. 115–120
JEL Codes: F24; F43; O47

Keywords: remittance inflow; economic growth; developing economy

How to cite: Nica, Elvira (2014), “The Contribution of Remittances to Economic Growth in Developing Countries,” Economics, Management, and Financial Markets 9(2): 115–120.

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Academy of Economic Studies, Bucharest

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