Migration and Development Brief April 2016

Migration and Development Brief April 2016
Author: Dilip Ratha
Publisher: World Bank Publications
Total Pages: 48
Release: 2016-04-14
Genre: Migrant remittances
ISBN: 1464809135

This brief aims to provide an update on key developments in the area of migration and remittance flows and related policies over the past six months. It also provides medium-term (three year) projections of remittance flows to developing countries.

Migration and Remittances Factbook 2016

Migration and Remittances Factbook 2016
Author: Dilip Ratha
Publisher: World Bank Publications
Total Pages: 299
Release: 2016-04-08
Genre: Business & Economics
ISBN: 146480320X

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.

Migration and Remittances During the Global Financial Crisis and Beyond

Migration and Remittances During the Global Financial Crisis and Beyond
Author: Ibrahim Sirkeci
Publisher: World Bank Publications
Total Pages: 471
Release: 2012-05-30
Genre: Business & Economics
ISBN: 0821388266

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.

Agrarian Change, Migration and Development

Agrarian Change, Migration and Development
Author: Raúl Delgado Wise
Publisher:
Total Pages: 160
Release: 2016
Genre: Agriculture and state
ISBN: 9781853399176

The focus and concern of Agrarian Change, Migration and Development is the problem of labour migraton. Veltmeyer and Wise explore the dynamics and development implications of the migration processes set in motion by the capitalist mode of production. The dynamics of these processes are both international -- in regard to the international or cross-border flows of labour migrants -- and internal to countries that have undergone, or are undergoing, a process of agrarian change and social transformation.Veltmeyer and Wise examine what they call the "migration-development nexus" from both a political economy and a sociological perspective, highlighting current trends, the global scale and the human dimension of the labour migration process, with particular reference to the increasing south-north flows of migrants who are forced to abandon their communities and ways of life by the globalizing forces of capitalist development.While it may appear that these migrants are free to choose to abandon their communities, and in many cases their families, in the search for greater economic opportunities and a better way of life, the authors show with devastating logic that the decisions made by so many migrants are rooted in the workings of the world capitalist system, which converts them into a pool of surplus labour to be pulled into and out of the system as required by capitalists in their endless search for private profit.

Africa's Finances

Africa's Finances
Author: Raj Bardouille
Publisher: Cambridge Scholars Publishing
Total Pages: 356
Release: 2008
Genre: Business & Economics
ISBN:

Globally, the volume of remittances to developing countries exceeds the development aid budgets. This volume explores the contribution of remittances to Africaâ (TM)s finances and provides concrete guidelines as to how these may be expanded. It contains essays by the field leaders in this area which record, review and revise our knowledge base on Africaâ (TM)s remittance patterns. The advent of new information communication technologies can contribute to an expanded capture of remittances from the African diaspora and in Africa new forms of money transfer are already taking shape which reflect this affordance. The volume also examines other resources, such as skills, that the African diaspora remits in its patterns of contact with Africa. The volume, shaped out of a conference on remittances and the African diaspora held at the Institute for African Development at Cornell University, is a timely reminder of the substantial role to be played in Africaâ (TM)s development by Africans themselves.

Global Economic Prospects 2006

Global Economic Prospects 2006
Author:
Publisher: World Bank Publications
Total Pages: 182
Release:
Genre:
ISBN: 082136345X

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.

Migrant Remittance Flows

Migrant Remittance Flows
Author: Jacqueline Irving
Publisher: World Bank Publications
Total Pages: 86
Release: 2010-03-26
Genre: Business & Economics
ISBN: 0821383620

Drawing on the findings from responses to a survey conducted in 2008 09 from 114 central banks worldwide (of which 33 are in Africa), this paper aims to better understand how central banks and other national institutions regulate and collect data and other information on cross-border remittance flows. Findings indicate that, although the vast majority of countries, in both sending and receiving countries, collect data on remittances, and 43 percent of receiving countries estimate informal remittances, there is a need for more frequent and better coordinated data collection, both across national institutions and among different divisions within the same national institution, as well as between countries. Survey results also indicate that many new market entrants transfer activities are unregulated. Countries must take into account new channels and technologies, such as mobile phone service providers, in monitoring remittance flows. It will be important for national regulatory authorities to work closely with mobile telecoms network operators to strike the right regulatory balance, to better understand these new channels associated risks and fully tap their potential for fostering inexpensive, efficient remittance transfer services. The high cost of transfers was cited in the survey as the top factor inhibiting migrants from using formal channels. Many countries, particularly in Africa, have made progress in rendering exclusivity contracts illegal, which helps increase competitiveness and reduce transfer costs. But further policy reforms and initiatives are needed to address the high costs of remittances. The joint African Development Bank-World Bank Africa Migration Project and G-8 Global Remittances Working Group provided partial funding support for this study.

International Migration

International Migration
Author: Khalid Koser
Publisher: Oxford University Press, USA
Total Pages: 153
Release: 2007-02-22
Genre: Business & Economics
ISBN: 0199298017

This Very Short Introduction examines the phenomenon of international human migration - both legal and illegal. Taking a global look at politics, economics, and globalization, the author presents the human side of topics such as asylum and refugees, human trafficking, migrant smuggling, development, and the international labour force.

The Impact of International Migration

The Impact of International Migration
Author: Lira Sagynbekova
Publisher: Springer
Total Pages: 306
Release: 2016-04-27
Genre: Science
ISBN: 3319269917

This book comprises the historical overview of migration processes in Kyrgyzstan, contemporary migration trends in international migration and various social, economic and political impacts of migration. It presents the findings of longstanding, in-depth, comprehensive and empirical research. Insights are maximized by applying the multi-sited strategy of analyzing both the migrant's place of origin and that of destination. The primary goal of the book is to contribute to a better understanding of the meanings and the impacts of contemporary international migration processes in Kyrgyzstan and their relevance for local livelihoods.

Exodus

Exodus
Author: Paul Collier
Publisher: Oxford University Press, USA
Total Pages: 319
Release: 2013
Genre: Business & Economics
ISBN: 0195398653

It is one of the most pressing and controversial questions of our time -- vehemently debated, steeped in ideology, profoundly divisive. Who should be allowed to immigrate and who not? What are the arguments for and against limiting the numbers? We are supposedly a nation of immigrants, and yet our policies reflect deep anxieties and the quirks of short-term self-interest, with effective legislation snagging on thousand-mile-long security fences and the question of how long and arduous the path to citizenship should be. In Exodus, Paul Collier, the world-renowned economist and bestselling author of The Bottom Billion, clearly and concisely lays out the effects of encouraging or restricting migration. Drawing on original research and case studies, he explores this volatile issue from three perspectives: that of the migrants themselves, that of the people they leave behind, and that of the host societies where they relocate. Immigration is a simple economic equation, but its effects are complex. Exodus confirms how crucial it will be that public policy face and address all of its ramifications. Sharply written and brilliantly clarifying, Exodus offers a provocative analysis of an issue that affects us all.