摘要：Existing economic literature has clearly established that remittances represent a significant source of international
capital flows for financing the development of countries of emigration. This paper investigates the empirical
relationship between political systems and remittances. In a panel data study of 83 of developing countries from 2007
to 2016, 61 countries were classified as having a relatively advanced democratization process and 22 countries have as
having a relatively weak democratization process. By using Generalized Method of Moments (GMM), the results
show that countries with advanced democratic processes and economic freedom are more likely to benefit from
remittances. Countries still in the process of democratization should accelerate the process in order to incorporate
migration into their economic development.
