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He estimates that legalizing that population would drastically increase overall remittance flows to Latin America.
As such, from a theoretical point of view, overall remittance flows could increase or decrease as: ∂ a + z + x ∂ Π ≥ or ≤ 0. Therefore, the empirical analysis can shed some more light on the overall impact of tougher immigration enforcement on remittance outflows.
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Overall remittances to Mexico declined during the global recession but picked up again after 2009.
Overall, financial remittances could potentially increase the demand for health and education services although it is doubtful that more public services of this kind are demanded.
Total monetary transfers to the EE/FSU, largely from Russia, were estimated at approximately USD 73bln in 2014 or roughly 13% of overall world's remittances.
According to our bivariate probit results, the overall effect of receiving remittances increases the probability of school enrollment by 2.6 percentage points, relative to children that do not receive remittances.
Overall, we find that remittances are linked to human capital investment in Nepal and that the positive link or marginal impact is greater where the returns to education are higher.
Overall nearly 10% of remittances were used for such purposes.
Overall, when we treat the remittances of other siblings as exogenous, the total amount of remittances sent by other siblings has a positive and statistically significant effect on the remittances of a sibling.
Overall, the literature reveals that the remittance behaviour of sibling migrants is a relatively under-researched topic in the literature, especially in the Kenyan context.
Overall contribution from the economic migrant remittances to the Sri Lankan economy equals up to 8% of the total GDP [ 3, 5].
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