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

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• 作者：Sokchea Lim ; Walter O. Simmons
• 关键词：CARICOM ; Remittances ; Social development ; Health ; Education ; Communication infrastructure ; Demographic changes
• 刊名：The Review of Black Political Economy
• 出版年：2016
• 出版时间：December 2016
• 年：2016
• 卷：43
• 期：3-4
• 页码：343-361
• 全文大小：
• 刊物主题：Economic Policy; Sociology, general; Political Science;
• 出版者：Springer US
• ISSN：1936-4814
• 卷排序：43

文摘

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.