Remittances remain a crucial source of external finance for low- and middle-income countries (LMICs). In 2023, remittance flows to LMICs were supported by strong labor markets in the advanced economies...
Revised estimates show that remittance flows to developing countries were $251 billion in 2007, up 11 percent from 2006. This Brief discusses the slowdown in remittance flows to Mexico in the first part...
This paper examines the behavior of profitability and capital productivity in Chinese industry in the post-reform period. Using firm-level data covering state owned and collective enterprises, issues such...
Two ownership types are considered: the insider-controlled or co-operative firm which maximizes average net returns to labor, and the capitalist managed firm which maximizes average net returns to capital...