"increasing remittances" is correct and can be used in written English.
You can use it when referring to the money transferred from one person to another, usually between family members in different countries. For example: "The country's increasing remittances have resulted in an improved balance of payments."
But as the local population rushes to respond — increasing remittances to relatives in Haiti, welcoming others who are fleeing the destruction, or mourning the dead — two of the city's major charities are pitching in to help.
The government has said it needs at least $2.5bn in outside investment to maintain a steady growth rate, so increasing remittances is one way to boost growth.
Increasing remittances also solves a problem currently facing the Cuban economy, whose growth this year has effectively ground to a halt.
Intuitively, increasing remittances makes return migration more likely, which reduces the exposure to the relatively large risk in the host country.
Removing obstacles to the movement of people (as well as goods and services) is increasingly considered a way of contributing to economic development through meeting identified labour shortages, transferring skills, and increasing remittances (ADB 2008).
Obama has done all he can do unilaterally as Commander-in-Chief, from loosening travel restrictions, increasing remittances, and re-opening the U.S. Embassy to meeting with Cuban President Raul Castro on a number of different occasions.
To take just one example: increased remittances would encourage the receiver to go to a formal bank and reap the benefits of financial inclusion.
Recognising this, the World Bank's 5x5 Objective aims to reduce the global average cost of remittances to 5%, which is expected to increase remittances to developing countries by roughly $16bn every year.
Thus, the trade-off between lost local parental wages vs. increased remittances makes the sign of Eq. (8) unclear.
Increased remittances to Cuba from the United States has helped Cuban families.
The performance of these variables is explained by the significant capital inflows received after Hurricane Mitch, in the form of increased remittances from Honduran immigrants in the USA and by transfers from donors for the reconstruction efforts.
