Financial market performance: An influence of personal remittances

Inflation and Financial Market Performance

Remittances in times of financial instability

Worldwide remittances to Latin America and the Caribbean (LAC) reached $69.2 billion in 2008, an increase of just under one percent over 2007. Despite a series of challenges confronting migrant workers and their families in 2008, remittance senders proved to be remarkably resilient. Once relegated to the 'errors and omissions' column in balance of payments statistics, estimates of remittances t...

Mobile Remittances: Design for Financial Inclusion

This paper investigates the design requirements for international mobile remittances in the context of users’ money management and control in the household and the family. Through scenarios that draw on remittance literature, the paper suggests five design principles for mobile remittances that could be a US$ 41 billion market while empowering women, varying patterns of money management and con...

An Empirical Investigation of the Impact of Intellectual Capital on Firms’ Market Value and Financial Performance: Evidence from Iranian Companies

In modern economics, Intellectual capital is described as an intangible asset which can be used as a source of sustainable competitive advantage. However, intellectual capital components have to interact in themselves to create value. The paper seeks to examine the impact of intellectual capital on firms’ market value and financial performance. The efficiency of the value added by corporate int...

Do remittances promote financial development in Africa?

The paper seeks to establish whether or not remittances promoted financial developments and explore the traceable causality between remittances and financial developments in some countries in Africa. We examine the association between remittances received and how they affect the availability of credit to private sector, bank deposits intermediated by financial institutions and money supply. We ...