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Book Migration and Remittances During the Global Financial Crisis and Beyond

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.

Book Global Economic Prospects 2006

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.

Book International Migration  Economic Development   Policy

Download or read book International Migration Economic Development Policy written by Maurice Schiff and published by World Bank Publications. This book was released on 2007-06-26 with total page 324 pages. Available in PDF, EPUB and Kindle. Book excerpt: International migration has become acentral element of international relations and global integration due to its rapidly increasing economic, social, and cultural impact in both source and destination countries. This book provides new evidence on the impact of migration and remittances on several development indicators, including innovative thinking about thenexus between migration and birth rates. In addition, the book identifies the effect of host country policies on migration flows, examines the determinants of return and repeat migration, and explores the degree of success of return migrants upon return to their country of origin.

Book The World in Motion

Download or read book The World in Motion written by Lauren B. Engle and published by International Organization for Migration (IOM). This book was released on 2004 with total page 132 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book looks at migration through the experience of women. It maps out a set of preliminary but common understandings on issues of importance to migrant women, and illustrates the experience of women across several key themes: labour migration, migrant remittances, trafficking, immigration and identification - all of which are key areas of migration studies. It also covers issues such as rape and female circumcision, key issues of importance to the integration of both forced migrants and of women who migrate into new cultural norms.

Book Migration and Remittances Factbook 2016

Download or read book Migration and Remittances Factbook 2016 written by Dilip Ratha and published by World Bank Publications. This book was released on 2016-04-08 with total page 299 pages. Available in PDF, EPUB and Kindle. Book excerpt: Remittances remain a key source of funds for developing countries, far exceeding official development assistance and even foreign direct investment. Remittances have proved to be more stable than private debt and portfolio equity flows, and less volatile than official aid flows, and their annual flow can match or surpass foreign exchange reserves in many small countries. Even in large emerging markets, such as India, remittances are equivalent to at least a quarter of total foreign exchange reserves. India, China, Philippines and Mexico are the top recipients of migrant remittances. The Migration and Remittances Factbook 2016 attempts to present numbers and facts behind the stories of international migration and remittances, drawing on authoritative, publicly available data. It provides a snapshot of statistics on immigration, emigration, skilled emigration, and remittance flows for 210 countries and 15 regional and income groups. The Migration and Remittances Factbook 2016 updates the 2011 edition of the Factbook with additional data on bilateral migration and remittances and second generation diasporas, collected from various sources, including national censuses, labor force surveys, population registers, and other national sources.

Book How Immigrants Impact Their Homelands

Download or read book How Immigrants Impact Their Homelands written by Susan Eva Eckstein and published by Duke University Press. This book was released on 2013-04-05 with total page 278 pages. Available in PDF, EPUB and Kindle. Book excerpt: How Immigrants Impact Their Homelands examines the range of economic, social, and cultural impacts immigrants have had, both knowingly and unknowingly, in their home countries. The book opens with overviews of the ways migrants become agents of homeland development. The essays that follow focus on the varied impacts immigrants have had in China, India, Cuba, Mexico, the Philippines, Mozambique, and Turkey. One contributor examines the role Indians who worked in Silicon Valley played in shaping the structure, successes, and continued evolution of India's IT industry. Another traces how Salvadoran immigrants extend U.S. gangs and their brutal violence to El Salvador and neighboring countries. The tragic situation in Mozambique of economically desperate émigrés who travel to South Africa to work, contract HIV while there, and infect their wives upon their return is the subject of another essay. Taken together, the essays show the multiple ways countries are affected by immigration. Understanding these effects will provide a foundation for future policy reforms in ways that will strengthen the positive and minimize the negative effects of the current mobile world. Contributors. Victor Agadjanian, Boaventura Cau, José Miguel Cruz, Susan Eva Eckstein, Kyle Eischen, David Scott FitzGerald, Natasha Iskander, Riva Kastoryano, Cecilia Menjívar, Adil Najam, Rhacel Salazar Parreñas, Alejandro Portes, Min Ye

Book Migration and Democracy

Download or read book Migration and Democracy written by Abel Escribà-Folch and published by Princeton University Press. This book was released on 2022-01-11 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt: "In the rich and growing body of work on democracy, there has been little attention to the connection between democracy and migration; and when there is, it is usually in connection with countries that see in-migration rather than out-migration. The latter is the focus of this book, which looks specifically at remittances--money sent from a migrant back to their home country--and how they reshape the internal balance of power by influencing the incentives and opportunities for political action among individuals receiving remittance income. Not only do remittances provide the resources that make contentious collective action possible, but they also reduce households' dependence on state-delivered goods and thus undermine the effectiveness of regime patronage strategies that underpin electoral authoritarianism. The book starts with a general examination of international migration and associated remittance flows, pointing out that remittance flows have become so great as to be one of the largest sources of foreign income in autocracies--and one that goes directly to democratizing agents (that is, to individuals), largely circumventing authoritarian governments. The authors then look the mechanisms that cause non-democracies collapse, and how these mechanisms are encouraged by remittances. Specifically, the authors look at how remittances inrease the likehood of individual-level protest, decrease the appeal of patronage networks, and act as an accelerant during the democratizing process"--

Book South south Migration and 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.

Book Migration and Remittances

Download or read book Migration and Remittances written by Ali M. Mansoor and published by World Bank Publications. This book was released on 2006 with total page 236 pages. Available in PDF, EPUB and Kindle. Book excerpt: Migration in Eastern Europe and Central Asia is relatively large by international standards, driven both by political factors (the 1990 collapse of the Soviet system, ensuing emergence of conflicts and new states, and opening of borders with Europe) and economic factors (abrupt economic deterioration and corresponding search for better employment and living conditions). The report anlayzes the different kinds of migration as well as the policies on both sides of the equation to limit negative side effects (like emargination, criminal activities, and brain drain) and maximize positive ones (increased labor pool for services, remittances, return migration with improved human and financial capital).

Book Migration  Remittances  and Sustainable Development in Africa

Download or read book Migration Remittances and Sustainable Development in Africa written by Maty Konte and published by Routledge. This book was released on 2020-11-26 with total page 261 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a strong multidisciplinary examination of the links between migration, remittances and sustainable development in Africa. It makes evidence-based policy recommendations on migration to help achieve the Sustainable Development Goals. The key themes examined are migration and remittances, and their relations with the following issues: economic transformation, education and knowledge, corruption and conflict. Cross-cutting issues such as gender equality and youth are weaved throughout the chapters, and a rich range of country contexts are presented. The volume also discusses challenges in managing migration flows. It will be of interest to advanced students, academics and policy makers in development economics and sustainable development.

Book The Impact of International Migration on Inclusive Growth  A Review

Download or read book The Impact of International Migration on Inclusive Growth A Review written by International Monetary Fund and published by International Monetary Fund. This book was released on 2021-03-19 with total page 33 pages. Available in PDF, EPUB and Kindle. Book excerpt: International migration is an important channel of material improvement for individuals and their offspring. The movement of people across country borders, especially from less developed to richer countries, has a substantial impact in several dimensions. First, it affects the migrants themselves by allowing them to achieve higher income as a result of their higher productivity in the destination country. It also increases the expected income for their offspring. Second, it affects the destination country through the impact on labor markets, productivity, innovation, demographic structure, fiscal balance, and criminality. Third, it can have a significant impact on the countries of origin. It may lead to loss of human capital, but it also creates a flow of remittances and increases international connections in the form of trade, FDI, and technological transfers. This paper surveys our understanding of how migration affects growth and inequality through the impact on migrants themselves as well as on the destination and origin countries.

Book The SAGE Handbook of International Migration

Download or read book The SAGE Handbook of International Migration written by Christine Inglis and published by SAGE. This book was released on 2019-11-05 with total page 927 pages. Available in PDF, EPUB and Kindle. Book excerpt: The SAGE Handbook of International Migration provides an authoritative and informed analysis of key issues in international migration, including its crucial significance far beyond the more traditional questions of immigrant settlement and incorporation in particular countries. Bringing together chapters contributed by an international cast of leading voices in the field, the Handbook is arranged around four key thematic parts: Part 1: Disciplinary Perspectives on Migration Part 2: Historical and Contemporary Flows of Migrants Part 3: Theory, Policy and the Factors Affecting Incorporation Part 4: National and Global Policy Challenges in Migration The last three decades have seen the rapid increase and diversification in the types of international migration, and this Handbook has been created to meet the need among academics and researchers across the social sciences, policy makers and commentators for a definitive publication which provides a range of perspectives and insights into key themes and debates in the field.

Book International Migration and Sending Countries

Download or read book International Migration and Sending Countries written by E. Østergaard-Nielsen and published by Springer. This book was released on 2003-09-09 with total page 252 pages. Available in PDF, EPUB and Kindle. Book excerpt: Drawing on case-studies from the Americas, Europe, Africa and Asia, International Migration and Sending Countries demonstrates how sending countries are emerging as complex and significant actors in migration politics. It shows how a more nuanced understanding of sending countries' policies towards their emigrants and diasporas is relevant for both academic and public policy debates on issues of migration control and development. In addition, wider issues are considered such as the implications of migrants' cross-border membership, dual allegiances and transnational practices, together with the scope and powers of the state in a period of globalization.

Book India Migration Report 2012

Download or read book India Migration Report 2012 written by S. Irudaya Rajan and published by Routledge. This book was released on 2014-03-21 with total page 390 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume is a collection of articles dealing with various dimensions of the Global Financial Crisis and its economic and social impact in terms of governance, emigration, remittances, return migration and re-integration. The crisis, which had its origin in the United States in 2008, spread its economic effects on developed as well as developing countries. Some of these countries were able to recover in the short run while some are in the process of recovery, with continuous efforts by both national governments and international agencies. In this backdrop, is there any impact on the outflow of emigrants from the countries of origin and inflow of remittances to the countries of destination? The third volume in the annual series ‘India Migration Report’ answers the question through rigorous quantitative and qualitative analyses and fieldwork both in the Gulf region and South Asia, and concludes that both emigration and remittances are more resilient than expected. This report: contains findings based on an extensive survey conducted in Kerala; has additional evaluations based on other surveys and case studies conducted in different parts of India, Pakistan, Bangladesh, Nepal and Sri Lanka to reflect on the consequences of the global crisis on the countries of origin, as well as a quick assessment and site visits to the United Arab Emirates, Kuwait, Qatar and Malaysia; includes essays that examine the linkages between emigration and remittances based on international data from the World Bank, the International Labour Organization, the International Organization of Migration, the United Nations and other organizations that closely deal with international migration. It will be of interest to students and scholars of migration studies, sociology, law, economics, gender studies, diaspora studies, international relations and demography, apart from non-governmental organizations, policy-makers and government institutions working in the field of migration.

Book World Scientific Handbook of Global Migration

Download or read book World Scientific Handbook of Global Migration written by Robert M. Sauer and published by World Scientific Publishing Company. This book was released on 2024-03-29 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: V. 1. World scientific handbook of global migration -- v. 2. World scientific handbook of global migration -- v. 3. World scientific handbook of global migration.

Book Macroeconomic Consequences of Remittances

Download or read book Macroeconomic Consequences of Remittances written by Connel Fullenkamp and published by International Monetary Fund. This book was released on 2008-03-11 with total page 94 pages. Available in PDF, EPUB and Kindle. Book excerpt: Given the large size of aggregate remittance flows (billions of dollars annually), they should be expected to have significant macroeconomic effects on the economies that receive them. This paper directly addresses the two main issues of interest to policymakers with regard to remittances--how to manage their macroeconomic effects, and how to harness their development potential--by reporting the results of the first global study of the comprehensive macroeconomic effects of remittances on recipient economies. In broad terms, the findings of this paper tend to confirm the main benefit cited in the microeconomic literature: remittances improve households' welfare by lifting families out of poverty and insuring them against income shocks. The findings also yield a number of important caveats and policy considerations, however, that have largely been overlooked. The main challenge for policymakers in countries that receive significant flows of remittances is to design policies that promote remittances and increase their benefits while mitigating adverse side effects. Getting these policy prescriptions correct early on is imperative. Globalization and the aging of developed economy populations will ensure that demand for migrant workers remains robust for years to come. Hence, the volume of remittances likely will continue to grow, and with it, the challenge of unlocking the maximum societal benefit from these transfers.

Book Worlds in Motion   Understanding International Migration at the End of the Millennium

Download or read book Worlds in Motion Understanding International Migration at the End of the Millennium written by Douglas S. Massey and published by Clarendon Press. This book was released on 1999-01-28 with total page 382 pages. Available in PDF, EPUB and Kindle. Book excerpt: At the end of the 20th century nearly all developed nations have become countries of immigration, absorbing growing numbers of immigrants not only from developed regions, byt increasingly from developing nations of the Third World. Although international migration has come to play a central role in the social, economic, and demographic dynamics of both immigrant-sending and immigrant-receiving countries, social scientist have been slow to construct a comprehensive theory to explain it. Efforts at theoretical explanation have been fragmented by disciplinary, geographic, and methodological boudaries. Worlds in Motion seeks to overcome these schisms to create a comprehensive theory of international migration for the next century. After explicating the various propositions and hypotheses of current theories, and identifying area of complementarity and conflict, the authors review empirical research emanting from each of the world's principal international migration systems: North America, Western Europe, the Gulf, Asia and the Pacific, and the Southern Cone of South America. Using data from the 1980s, levels and patterns of migration within each system are described to define their structure and organization. Specific studies are then comprehensively surveyed to evaluate the fundamental propositions of neoclassical economics, the new economics of labour migration, segmented labour market theory, world systems theory, social capital theory, and the theory of cumulative causation. The various theories are also tested by applying them to the relationship between international migration and economic development. Although certain theories seem to function more effectively in certain systems, all contain elements of truth supported by empirical research. The task of the theorist is thus to identify which theories are most effective in accounting for international migration in the world today, and what regional and national circumstances lead to a predominance of one theoretical mechanism over another. The book concludes by offering an empirically-grounded theoretical synthesis to serve as a guide for researchers and policy-makers in the 21st century.