According to Table 5-3, for some countries remittances account for a larger source of income than foreign
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According to Table 5-3, for some countries remittances account for a larger source of income than foreign aid. Should these countries have policies to encourage emigration? Explain.
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Part A: Using Production Function and Marginal Products Period: 1970-1980 1980-1990 1970-1990 Part B: Using Calculated Rental and Actual Wages Interest Rate Used and Period: ANNUAL GROWTH RATE (%): Real Rental -5.0 -1.9 -3.4 ANNUAL GROWTH RATE (%): Real Wages 2.6 0.5 1.6 ANNUAL GROWTH RATE (%): Implied Productivity -1.5 -0.7 -1.1
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