Impact of remittances on poverty and income distribution
- Author: United Nations
- Main Title: Social Panorama of Latin America 2005 , pp 93-112
- Publication Date: September 2006
- DOI: https://doi.org/10.18356/0bcfde14-en
- Language: English
In recent years, the flows of remittances to Latin America and the Caribbean increased significantly and in 2004 stood at US$ 45 billion. These resources caused different effects on the economy of countries as well as on the living conditions of their inhabitants. In particular, they enable a high percentage of remittance–receiving households to overcome indigence and poverty and, in some cases, substantially improve income distribution in that group. Nevertheless, since remittance–receiving households account for only a small percentage of total households, remittances only have a small impact on poverty and inequality levels of the population as a whole.
© United Nations
ISBN (PDF):
9789213633847
Book DOI:
https://doi.org/10.18356/3db62ea0-en
Related Subject(s):
Economic and Social Development
Sustainable Development Goals:
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