Download or read book Determinants of Remittances Recent Evidence Using Data on Internal Migrants in Vietnam written by Thai Hung Pham, Barry Reilly, Yoko Niimi and published by World Bank Publications. This book was released on 2008 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt: Abstract: This paper examines the determinants of remittance behavior for Vietnam using data from the 2004 Vietnam Migration Survey on internal migrants. It considers how, among other things, the vulnerability of a migrant's life at the destination, their link to relatives back home, and the time spent at the destination affect remittances. The paper finds that migrants act as risk-averse economic agents and send remittances back to the household of origin as part of an insurance exercise in the face of economic uncertainty. Remittances are also found to be driven by a migrant's labor market earnings level. The paper highlights the important role of remittances in providing an effective means of risk-coping and mutual support within the family.
Download or read book Determinants of Remittances written by Yoko Niimi and published by . This book was released on 2016 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper examines the determinants of remittance behavior for Vietnam using data from the 2004 Vietnam Migration Survey on internal migrants. It considers how, among other things, the vulnerability of a migrant's life at the destination, their link to relativesback home, and the time spent at the destination affect remittances. The paper finds that migrants act as risk-averse economic agents and send remittances back to the household of origin as part of an insurance exercise in the face of economic uncertainty. Remittances are also found to be driven by a migrant's labor market earnings level. The paper highlights the important role of remittances in providing an effective means of risk-coping and mutual support within the family.
Download or read book Determinants of Remittances written by Yoko Niimi and published by . This book was released on 2012 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper examines the determinants of remittance behavior for Vietnam using data from the 2004 Vietnam Migration Survey on internal migrants. It considers how, among other things, the vulnerability of a migrant's life at the destination, their link to relatives back home, and the time spent at the destination affect remittances. The paper finds that migrants act as risk-averse economic agents and send remittances back to the household of origin as part of an insurance exercise in the face of economic uncertainty. Remittances are also found to be driven by a migrant's labor market earnings level. The paper highlights the important role of remittances in providing an effective means of risk-coping and mutual support within the family.
Download or read book Rural urban Migration and Remittances in Vietnam written by Diep Phan and published by . This book was released on 2016 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Microeconomic Determinants of Remittances From Immigrant Workers and Migrants The Case of Vietnam written by Pham Anh and published by . This book was released on 2018 with total page 20 pages. Available in PDF, EPUB and Kindle. Book excerpt: The paper aims at identifying and evaluating differences between microeconomic determinants of remittance from immigrant workers and migrants based on a survey of 1680 responders in Vietnam. Unlike previous studies, we add foreign language proficiency, costs for obtaining permission to work abroad (for oversea workers), home town as variables into the model. It found that female workers had a lower propensity to support their household of origin via remittances than the male worker, while female migrants seemed to send more money to their home countries rather than male migrants. Interestingly, from the North to the South, the paper found that oversea workers seemed to send more money to those they left behind, while migrants are found to send less remittance. In addition, the empirical evidence suggests that other demographic determinants including income, age, and marital status play a very important role in attracting remittance flows into Vietnam. Lastly, language proficiency might cause positive impact on amount for both migrants and immigrant workers, but it will be resulted in a decrease in frequency of remittance per year.
Download or read book Global Economic Prospects 2006 written by and published by World Bank Publications. This book was released on with total page 182 pages. Available in PDF, EPUB and Kindle. Book excerpt: International migration, the movement of people across international boundaries to improve economic opportunity, has enormous implications for growth and welfare in both origin and destination countries. An important benefit to developing countries is the receipt of remittances or transfers from income earned by overseas emigrants. Official data show that development countries' remittance receipts totaled 160 billion in 2004, more than twice the size of official aid. This year's edition of Global Economic Prospects focuses on remittances and migration. The bulk of the book covers remittances.
Download or read book South south Migration and Remittances written by Dilip Ratha and published by World Bank Publications. This book was released on 2007 with total page 70 pages. Available in PDF, EPUB and Kindle. Book excerpt: "South-South Migration and Remittances" reports on preliminary results from an ongoing effort to improve data on bilateral migration stocks. It sets out some working hypotheses on the determinants and socioeconomic implications of South-South migration. Contrary to popular perception that migration is mostly a South-North phenomenon, South-South migration is large. Available data from national censuses suggest that nearly half of the migrants from developing countries reside in other developing countries. Almost 80 percent of South-South migration takes place between countries with contiguous borders. Estimates of South-South remittances range from 9 to 30 percent of developing countries' remittance receipts in 2005. Although the impact of South-South migration on the income of migrants and natives is smaller than for South-North migration, small increases in income can have substantial welfare implications for the poor. The costs of South-South remittances are even higher than those of North-South remittances. These findings suggest that policymakers should pay attention to the complex challenges that developing countries face not only as countries of origin, but also as countries of destination.
Download or read book Rural Urban Migration in Vietnam written by Amy Y. C. Liu and published by Springer. This book was released on 2019-06-04 with total page 271 pages. Available in PDF, EPUB and Kindle. Book excerpt: This edited volume provides a comprehensive overview of rural-urban migration in Vietnam. It addresses a wide range of important topics, including Vietnam’s household registration system (ho khau), migration trends, remittance behaviour and social networking. In addition, it examines migrants’ earnings, their children’s schooling, housing issues and their families’ consumption behaviour in their destination cities. The book is mainly based on new data from the Australian National University's ‘Study of Rural-Urban Migration in Vietnam with Insights from China and Indonesia’ (VRUM) project, which identifies migrants from the large-scale, representative ‘Vietnam Household Living Standards Survey’ 2012 (VHLSS2012). In addition to the data from the VRUM project, the book draws on other widely used data sources to provide a comprehensive picture of rural-urban migrants in Vietnam. By highlighting the issues and challenges brought about by the large-scale rural-urban migration in Vietnam, the book helps researchers and policymakers more effectively formulate policies to respond to those challenges. Moreover, Vietnam’s experience can serve as lessons learnt to other transitional/developing countries.
Download or read book Remittances written by Samuel Munzele Maimbo and published by World Bank Publications. This book was released on 2005 with total page 402 pages. Available in PDF, EPUB and Kindle. Book excerpt: Migrants have long faced unwarranted constraints to sending money to family members and relatives in their home countries, among them costly fees and commissions, inconvenient formal banking hours, and inefficient domestic banking services that delay final payment to the beneficiaries. Yet such remittances are perhaps the largest source of external finance in developing countries. Officially recorded remittance flows to developing countries exceeded US$125 billion in 2004, making them the second largest source of development finance after foreign direct investment. This book demonstrates that governments in developing countries increasingly recognize the importance of remittance flows and are quickly addressing these constraints.
Download or read book Rural urban Migration in Developing Countries written by Somik V. Lall and published by World Bank Publications. This book was released on 2006 with total page 63 pages. Available in PDF, EPUB and Kindle. Book excerpt: "The migration of labor from rural to urban areas is an important part of the urbanization process in developing countries. Even though it has been the focus of abundant research over the past five decades, some key policy questions have not found clear answers yet. To what extent is internal migration a desirable phenomenon and under what circumstances? Should governments intervene and, if so, with what types of interventions? What should be their policy objectives? To shed light on these important issues, the authors survey the existing theoretical models and their conflicting policy implications and discuss the policies that may be justified based on recent relevant empirical studies. A key limitation is that much of the empirical literature does not provide structural tests of the theoretical models, but only provides partial findings that can support or invalidate intuitions and in that sense, support or invalidate the policy implications of the models. The authors' broad assessment of the literature is that migration can be beneficial or at least be turned into a beneficial phenomenon so that in general migration restrictions are not desirable. They also identify some data issues and research topics which merit further investigation. "--World Bank web site.
Download or read book Remittances and healthcare expenditure patterns of populations in origin communities evidence from Mexico Working Paper ITD Documento de Trabajo ITD 25 written by Catalina Amuedo Dorantes and published by BID-INTAL. This book was released on 2007 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Crossing the Divide written by Robert E.B. Lucas and published by Oxford University Press. This book was released on 2021 with total page 705 pages. Available in PDF, EPUB and Kindle. Book excerpt: "The magnitudes, nature, causes, and consequences of population movements between rural and urban sectors of developing countries are examined. The prior literature is reviewed, proving limited in key dimensions. Evidence is presented from a new database encompassing nationally representative data on seventy-five developing countries. Several measures of migration propensities are derived for the separate countries. The situation in each country is documented, both in historical context and following the time of enumeration. Rural-urban migrants enjoy major gains; those who do not move forego substantial, potential gains. Barriers to migrating are very real for disadvantaged groups. Migration among ethnolinguistic communities is a pervasive theme; the context in which each group lives is detailed. Upward mobility in incomes in towns is affirmed, and the departure of adults from rural homes raises living standards of the family left behind but consequent separation of married couples is endemic to particular societies. Reclassification of rural areas as urban is shown to be more important than net rural-urban moves in incremental urbanization and rural-urban moves are less permanent than normally portrayed. A contention of symmetry between rural-urban and urban-rural migration propensities is rejected and indications that these twin movements result in sorting of labor by skills is not supported. Moreover, step and onward migration are not as common as popularly claimed. Previously neglected topics studied include autonomous migration by women, child migration, and networks at origin. Policies to limit rural-urban migration are questioned, rather planning for managed urban growth is vital as climate change continues. Key words: Rural, urban, migration, development, literature, database, reclassification, sorting, policies"--
Download or read book Migrant Labor Remittances in South Asia written by Samuel Munzele Maimbo and published by World Bank Publications. This book was released on 2005-06-01 with total page 147 pages. Available in PDF, EPUB and Kindle. Book excerpt: According to a recent World Bank study of remittances, Bangladesh, India, Pakistan and Sri Lanka are all among the top 20 receivers of remittances, with estimated receipts of US$3.2 billion, US$8.4 billion and U.S$ 1.5 billion respectively. 'Migrant Labor Remittances in South Asia' identifies and discusses the key issues affecting the remittance industry in South Asia. It examines the development and implementation of policies, processes, and infrastructure to foster a development-oriented transfer of financial resources between migrants in developed economies and their families in the region. Rather than duplicate previous remittances work, this title only focuses on the region?s distinguishing characteristics, namely: --A large migrant population of semi-skilled and unskilled workers largely concentrated in the Arabian Gulf countries, particularly Saudi Arabia and the United Arab Emirates. --The presence of dedicated public institutions and government financial incentives aimed at facilitating and providing incentives for temporary migration and remittance inflows --The existence of large state bank branch networks with immense potential for a more effective and efficient remittance financial market. --The widespread usage of trade related informal remittance channels by both legal and illegal migrants. The book is intended for policymakers who legislate and regulate the financial sector, as well as for researchers and providers of remittance services.
Download or read book No Easy Solution A Smorgasbord of Factors Drive Remittance Costs written by Tito Nícias Teixeira da Silva Filho and published by International Monetary Fund. This book was released on 2021-07-30 with total page 62 pages. Available in PDF, EPUB and Kindle. Book excerpt: There has been a global push to decrease the cost of remittances since at least 2009, which has culminated with its inclusion in the Sustainable Development Goals in 2015. Despite this effort and the emergence of new business models, remittance costs have been decreasing very slowly, disproving predictions that sharp declines would be just around the corner. In addition, remitting to poorer countries remains very expensive. Oddly, this situation has not been able to elicit academic interest on the drivers of remittance costs. This paper delved deeply into the remittances ecosystem and found a very complex, heterogenous and unequal environment, one in which costs are driven by a myriad of factors and where there are no easy and quick solutions available, which explains the disappointing outcome so far. Nonetheless, it also shows that while policymakers have limited room to act they still have a very important role to play.
Download or read book The Everyday Political Economy of Southeast Asia written by Juanita Elias and published by Cambridge University Press. This book was released on 2016-08-18 with total page 285 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explores the way that forms of economic policymaking are sustained and challenged by everyday practices across Southeast Asia.
Download or read book What is the Impact of International Remittances on Poverty and Inequality in Latin America written by and published by World Bank Publications. This book was released on 2007 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: Workers' remittances have become a major source of income for developing countries. However, little is still known about their impact on poverty and inequality. Using a large cross-country panel dataset, the authors find that remittances in Latin American and Caribbean (LAC) countries have increased growth and reduced inequality and poverty. These results are robust to the use of different instruments that attempt to correct for the potential endogeneity of remittances. Household survey-based estimates for 10 LAC countries confirm that remittances have negative albeit relatively small inequality and poverty-reducing effects, even after imputations for the potential home earnings of migrants.
Download or read book Migration and Remittances During the Global Financial Crisis and Beyond written by Ibrahim Sirkeci and published by World Bank Publications. This book was released on 2012-05-30 with total page 471 pages. Available in PDF, EPUB and Kindle. Book excerpt: During the 2008 financial crisis, the possible changes in remittance-sending behavior and potential avenues to alleviate a probable decline in remittance flows became concerns. This book brings together a wide array of studies from around the world focusing on the recent trends in remittance flows. The authors have gathered a select group of researchers from academic, practitioner and policy making bodies. Thus the book can be seen as a conversation between the different stakeholders involved in or affected by remittance flows globally. The book is a first-of-its-kind attempt to analyze the effects of an ongoing crisis on remittance flows globally. Data analyzed by the book reveals three trends. First, The more diversified the destinations and the labour markets for migrants the more resilient are the remittances sent by migrants. Second, the lower the barriers to labor mobility, the stronger the link between remittances and economic cycles in that corridor. And third, as remittances proved to be relatively resilient in comparison to private capital flows, many remittance-dependent countries became even more dependent on remittance inflows for meeting external financing needs. There are several reasons for migration and remittances to be relatively resilient to the crisis. First, remittances are sent by the stock (cumulative flows) of migrants, not only by the recent arrivals (in fact, recent arrivals often do not remit as regularly as they must establish themselves in their new homes). Second, contrary to expectations, return migration did not take place as expected even as the financial crisis reduced employment opportunities in the US and Europe. Third, in addition to the persistence of migrant stocks that lent persistence to remittance flows, existing migrants often absorbed income shocks and continued to send money home. Fourth, if some migrants did return or had the intention to return, they tended to take their savings back to their country of origin. Finally, exchange rate movements during the crisis caused unexpected changes in remittance behavior: as local currencies of many remittance recipient countries depreciated sharply against the US dollar, they produced a “sale” effect on remittance behavior of migrants in the US and other destination countries.
