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Is remittance is helpful in economy development?
Remittances provide the catalyst for financial market and monetary policy development in developing countries. remittances improve credit constraints on the poor, improve the allocation of capital, substitute for the lack of financial development, and thus accelerate economic growth.
How does the flourishing economy of Saudi Arabia indirectly help the economy of Pakistan?
Remittances, primarily. If the Saudi economy does well, Pakistanis will immigrate to Saudi Arabia in order to perform low level menial work for better wages than they would make in Pakistan. They then send money back to their relatives in Pakistan as remittances, which provide additional cash flow into Pakistan.
Did the space race help the US economy?
It helped with job growth
Why are resources important for the growth of the region's economy?
''They help reduce trade between regions.''
What is NRI Remittances?
NRI Remittances are money transfer back to India as done by Non-Resident Indians living abroad (i.e. outside India). These remittances are sometimes called workers remittances or home remittances.
What are the requirement to get the ofw remittances.?
What are the requirement to get the8v ofw remittances.?
What has the author Thomas Hastings written?
Thomas. Hastings has written: 'Dissertation on musical taste' -- subject(s): Music, Church music, Philosophy and aesthetics 'The role of remittances in the Namibian Economy' -- subject(s): Migrant remittances, Economic conditions, Transfer payments
What steps did the allies take to promote growth in the postwar global economy?
The Marshall Plan to allow the booming American economy to help devastated Europe
Why mountaint are important?
Mountains are important because they help to increase the GDP(Gross Domestic Product) of the country. They help in tourism and thus help in the growth of the economy. Tourism is a very big sector in the part of the governments economy.
What money supply growth exceeds the growth of the overall economy what is the result?
Inflation
What determines the kind of economy a nation has?
A nation choses its economy based on its economic goals. Economic growth is often any nation's goals. With that in mind a free market economy will help achieve that goal.
A major burden to the growth of China's economy was caused by?
improved technologya major burden to growth of china economy was caused byPopulation growthpopulation growth
