Theodore P. Gerber and Karine Torosyan – Remittances in Georgia:  Correlates, Economic Impact, and Social Capital Formation

Authors examine migrant-level, household-level, and contextual variables associated with the probability that a Georgian household receives remittances. The impact of remittances is especially pronounced in urban settings, less so in rural areas. Article also finds evidence for an aspect of remittances that has not been previously identified: they foster the formation of social capital because they increase the amount of money that households give as gifts to other households.

Gerber, T. P., & Torosyan, K. (2010). Remittances in Georgia: Correlates, Economic Impact and Social Capital Transformation. Tbilisi State University, ISET Working Paper, No. 002-10.

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