Download or read book A Theory of Workers Remittances with An Application to Morocco written by Mr.Jacques Bouhga-Hagbe and published by INTERNATIONAL MONETARY FUND. This book was released on 2004-10-01 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper provides a model on how altruism, "attachment" to the home country, and portfolio diversification may act as potential motives behind workers' remittances. It shows that the level of workers' remittances depends on how great are their degrees of altruism and "attachment" to their home country, and should also depend on interest rate differentials between the home country and the country of residence if portfolio diversification motives are significant in the decision to remit. The model is applied to Morocco using co-integration techniques. The paper then discusses the stability of remittances in Morocco and the policy implications in light of the empirical findings.
Download or read book A Theory of Workers Remittances With An Application to Morocco written by Jacques Bouhga-Hagbe and published by International Monetary Fund. This book was released on 2004-10 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper provides a model on how altruism, "attachment" to the home country, and portfolio diversification may act as potential motives behind workers' remittances. It shows that the level of workers' remittances depends on how great are their degrees of altruism and "attachment" to their home country, and should also depend on interest rate differentials between the home country and the country of residence if portfolio diversification motives are significant in the decision to remit. The model is applied to Morocco using co-integration techniques. The paper then discusses the stability of remittances in Morocco and the policy implications in light of the empirical findings.
Download or read book Morocco written by International Monetary Fund and published by International Monetary Fund. This book was released on 2007-09-20 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt: This 2007 Article IV Consultation highlights that macroeconomic conditions of Morocco remain strong. Average growth has reached 5.4 percent per year since 2001, 3.4 percentage points higher than in the 1990s, reflecting the ongoing diversification of the nonagricultural sector and its increased resilience to shocks. As a result, real per-capita income is on the rise and the unemployment rate has started to decline. The current account is expected to record its seventh consecutive surplus in 2007, thanks to strong remittances and tourism receipts. The public finance situation has also strengthened.
Download or read book Migration and Remittances in Moldova written by Mr.Milan Cuc and published by International Monetary Fund. This book was released on 2006-01-19 with total page 81 pages. Available in PDF, EPUB and Kindle. Book excerpt: Labor migration and remittances, which have increasingly become a part of the global landscape, have profound economic and social consequences. Moldova, a small low-income country where an estimated one-third of the economically active population has been working abroad, is an interesting illustration of this trend. Drawing on household survey data, this Special Issues paper explains why Moldovan workers go abroad and how their remittances are used. With this background, it provides insights into policy challenges of coping with, and maximizing benefits from, international labor mobility and the large inflows of remittances.
Download or read book International remittances and development existing evidence policies and recommendations Occasional Paper ITD Documento de Divulgaci n ITD n 41 written by J. Ernesto López Córdova and published by BID-INTAL. This book was released on 2006 with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this paper we survey the recent literature assessing the development impact of international migrant remittances. We begin by arguing that international migration should be fully incorporated in ongoing debates on the impact of globalization. We show that, despite methodological challenges, there is an emerging body of evidence suggesting that migrant remittances can have an important impact on development and household welfare. Remittances appear to help in poverty reduction, accumulation of human capital, investment and saving. Finally, we offer an account of existing policies and recommendations to facilitate remittance flows and to take advantage of their developmental potential.
Download or read book Remittances Channel and Fiscal Impact in the Middle East North Africa and Central Asia written by Mr.Yasser Abdih and published by International Monetary Fund. This book was released on 2012-04-01 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper identifies a remittances channel that transmits exogenous shocks, such as business cycles in remittance-sending countries, to the public finances of remittance-receiving countries. Using panel data for remittance-receiving countries in the Middle East, North Africa, and Central Asia, three types of results emerge. First, remittances appear to be strongly procyclical vis-à-vis sending country income. Second, remittances tend to be spent on consumption of both imported and domestically produced goods, rather than on investment. Third, shocks in the sending countries are transmitted via remittances to the public finances - specifically, tax revenues - of receiving countries. In the case of the 2009 global downturn, this impact was particularly strong for several countries in the Caucasus and Central Asia, whereas in the subsequent recovery in 2010 virtually all receiving countries benefitted from an upturn in remittance-driven tax revenues.
Download or read book Everyday Life in Global Morocco written by Rachel Newcomb and published by Indiana University Press. This book was released on 2017-10-09 with total page 196 pages. Available in PDF, EPUB and Kindle. Book excerpt: Following the story of one middle class family as they work, eat, love, and grow, Everyday Life in Global Morocco provides a moving and engaging exploration of how world issues impact lives. Rachel Newcomb shows how larger issues like gentrification, changing diets, and nontraditional approaches to marriage and fertility are changing what the everyday looks and feels like in Morocco. Newcomb's close engagement with the Benjelloun family presents a broad range of responses to the multifaceted effects of globalization. The lived experience of the modern family is placed in contrast with the traditional expectation of how this family should operate. This juxtaposition encourages new ways of thinking about how modern the notion of globalization really is.
Download or read book Talent Abroad A Review of Moroccan Emigrants written by OECD and published by OECD Publishing. This book was released on 2017-08-17 with total page 182 pages. Available in PDF, EPUB and Kindle. Book excerpt: Close to 3 million people who were born in Morocco lived in OECD countries in 2010/11. To assess the potential that this group represents for the Moroccan economy, this review looks at the distribution of Moroccan emigrants over OECD countries, as well as their age, sex, and educational attainment.
Download or read book Markets and Development written by Toby Carroll and published by Routledge. This book was released on 2017-10-02 with total page 154 pages. Available in PDF, EPUB and Kindle. Book excerpt: Markets and Development presents a series of critical contributions focused on the political relationship between citizens, civil society, and neoliberal development policy’s latest form. The dramatic increase of ‘access to finance’ investments, newly gender-sensitive approaches to building neoliberal labour markets, the universal promotion of public-private partnerships, and the ‘development financing’ of extractive industries, have all seen citizens, social movements, and NGOs variously engaged in, and against, neoliberalism like never before. The precise form that this engagement takes is conditioned by both the perceived and real opportunities, and the risks, of an agenda which seeks to intern ‘emerging’ and ‘frontier markets’ deep within a concretising world market, with transformative repercussions for both those involved and, notably, for state-society relations. The contributors to this volume focus on essential aspects of the contemporary neoliberal development agenda and its relationship to and with citizens and civil society, tackling questions related to the roles that various actors within civil society in the underdeveloped world are playing under late capitalism, and how these roles relate to current efforts to establish and extend markets, and market society more broadly, in a neoliberal image. This book was originally published as a special issue of Globalizations.
Download or read book Sri Lanka written by International Monetary Fund and published by International Monetary Fund. This book was released on 2006-12-21 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper attempts to assess the impact of the oil shock on South Asian economies, including Sri Lanka, as well as policy responses to deal with the shock, and the real income loss for low-income households if fuel subsidies were fully removed. The most important impact has been on the balance of payments followed by the results of poverty and social impact analysis (PSIA) conducted for Sri Lanka. Finally, the paper explores to what extent Sri Lanka’s large receipts of worker remittances serve as a hedge against shocks.
Download or read book Cape Verde written by International Monetary Fund and published by International Monetary Fund. This book was released on 2005-09-06 with total page 80 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Selected Issues paper and Statistical Appendix on Cape Verde review determinants of emigrant deposits (ED). EDs have provided a substantial source of foreign exchange to the Cape Verdean economy, and have been vital in maintaining the fixed exchange rate. Prospects for growth in Cape Verde are improving and immigration legislation abroad is tightening. Both trends argue against further accumulation of ED. Among the developments in favor of ED, of considerable importance is their past stability, the limited convertibility of deposits, the favorable business outlook, and the stable political climate.
Download or read book South South Globalization written by S. Mansoob Murshed and published by Routledge. This book was released on 2011-06-16 with total page 385 pages. Available in PDF, EPUB and Kindle. Book excerpt: Two prominent features of the current global economy are the world-wide recession brought about by the recent financial crisis, and the emergence of major economic powers from within the developing world such as Brazil, China and India. The former represents the failure of global regulatory policies and macroeconomic imbalances between surplus and deficit countries; the latter is symptomatic of a partial shift in economic power towards developing nations, who are often collectively labelled the global South. The macroeconomic imbalances are unsustainable in the longer run as they mean greater absorption relative to income in deficit nations; they require corrective action and international policy coordination. Reducing imbalances also requires large developing countries to raise their domestic consumption and also imports from the rest of the world and international financial institutions to operate as a lender of last resort. Furthermore, the engines of global growth, especially for developing countries, may no longer lie solely in the traditional developed country markets in the USA, Europe and Japan, known collectively as the global North. Rather South-South trade is growing rapidly, and that could be an engine of growth for the global economy, including both developed and developing countries. The various chapters in this edited volume address issues surrounding global imbalances and the prospects for growth in developing countries propelled by South-South interaction. This book should be of interest to students and researchers focussing on political economics, international economics, globalization, global imbalance and the world-wide recession after 2008.
Download or read book Social Protection for Unskilled Migrant Workers in Sri Lanka written by Roshini Jayaweera and published by Springer Nature. This book was released on 2023-07-25 with total page 171 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is about the social protection of lower-skilled migrants from Sri Lanka. It reasons out the importance of protecting Sri Lankan migrant workers considering the significant economic contribution of lower-skilled migrant workers and their higher level of exposure to risks at all stages of international migration: pre-departure, on the job, and after returnee reintegration. The book explores social protection programmes for low-skilled immigrants from three perspectives: legal aspects, national policies, and programmes. The chapter on legal background for protecting migrant workers focuses on declarations and on labour laws on the national and international level. Policies and programmes identify national level labour policies and other related policies that apply to migrant workers, as well as available social protection programmes for Sri Lankan migrant workers. In turn, the solutions for minimizing the related risks faced by Sri Lankan migrant workers. Highlighting the economic contribution of migrant workers and their vulnerability at all stages of migration, this book offers a timely and important contribution for policy makers and practitioners as well as scholars of migration studies, public policy and related fields.
Download or read book Economic and Financial Review written by and published by . This book was released on 2004 with total page 222 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Bangladesh s Macroeconomic Policy written by Monzur Hossain and published by Springer Nature. This book was released on 2020-02-21 with total page 508 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides valuable insights on issues pertaining to current macroeconomic policy debates and challenges in Bangladesh. It evaluates various macroeconomic policies and reflects on a future direction in terms of four central themes: (i) Macroeconomic Policy, Growth and Poverty; (ii) Monetary and Fiscal Policy; (iii) International Trade and Finance; and (iv) Finance and Growth. Given its scope, the book will serve as a useful resource for academics and macroeconomic practitioners whose work involves developing countries.
Download or read book Morocco Staff Report for the Article IV Consultation written by and published by . This book was released on 2007 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Migrants Borders and Global Capitalism written by Hannah Cross and published by Routledge. This book was released on 2013-04-17 with total page 209 pages. Available in PDF, EPUB and Kindle. Book excerpt: People from West Africa are risking their lives and surrendering their citizenship rights to enter exploitative labour markets in Europe. This book offers an explanation for this phenomenon that is based on close analysis of the contradictory economic and political agendas that create and constrain labour migration. It shows how global capitalism regulates different stages of the process within an interconnected system of economic dispossession, the construction of an illegal status, border control, labour exploitation and processes of underdevelopment. This is summarised as a regime of ‘unfree labour mobility’. Combined with structural and historical approaches, this book is based on ethnographic research. It incorporates those who are left behind, those who decide to stay, migrants who fail and those who are on the move, alongside clustered migrant communities in Senegal, Mauritania and Spain. The book’s panoramic approach shows how West African ‘step-wise’ journeys to Europe by land and sea sees competing territorial and economic policies regulating an unstable and unpredictable trajectory, creating ‘illegal’ labour through dual logics of border security and selective labour mobility. This book demonstrates that the diverse channels through which people migrate in the modern era are mediated by European states and labour markets, which utilise border regimes to control labour and be globally competitive. The themes and patterns that emerge, in their context of inter-generational change, present a challenge to the accepted wisdom about the individual and household dynamics of labour migration. This book is of interest to students and scholars of migration, transnationalism, politics, security, development, economics, and sociology.
