Year: 2025
Type: article
Abstract: ABSTRACT Does financial development respond differently to migrant remittances in Small Island Developing States (SIDS) compared to other developing countries? This paper examines the impact of migrant remittances on financial development using a panel model that includes both SIDS and other developing countries. Although SIDS face distinct economic and environmental challenges compared to other developing countries, I find that migrant remittances do not lead to a significantly different response in financial development between SIDS and other developing countries. Therefore, remittance policies applied in other developing countries may also be relevant to SIDS. I also show that a country's development status influences how financial development responds to migrant remittances.
DOI: 10.1111/saje.70005
Author: Kevin Williams
Institutions: University of the West Indies, University of the West Indies
Language: English
Topic: Migration and Labor Dynamics
Subfield: Sociology and Political Science
Field: Social Sciences
Domain: Social Sciences
Open Access status: bronze
OpenAlex ID: W4416562115