Determinants Of Remittances Recent Evidence Using Data On Internal Migrants In Vietnam
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| Author | : Thai Hung Pham, Barry Reilly, Yoko Niimi |
| Publisher | : World Bank Publications |
| Total Pages | : 38 |
| Release | : 2008 |
| Genre | : Debt Markets |
| ISBN | : |
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.
| Author | : Mr.Adolfo Barajas |
| Publisher | : International Monetary Fund |
| Total Pages | : 25 |
| Release | : 2012-10-19 |
| Genre | : Business & Economics |
| ISBN | : 1475599889 |
This paper shows that remittance flows significantly increase the business cycle synchronization between remittance-recipient countries and the rest of the world. Using both aggregate and bilateral remittances data in a panel data setting, the study demonstrates that this effect is robust and causal. Moreover, the econometric analysis reveals that remittance flows are more effective in channeling economic downturns than upswings from the sending countries to remittance-receiving economies. The analysis suggests that measures of openness and spillovers could be enhanced by accounting for the role of the remittances channel.
| 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.
| 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.
| Author | : Samuel Munzele Maimbo |
| Publisher | : World Bank Publications |
| Total Pages | : 402 |
| Release | : 2005 |
| Genre | : Business & Economics |
| ISBN | : 0821357948 |
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.
| Author | : Dilip Ratha |
| Publisher | : World Bank Publications |
| Total Pages | : 70 |
| Release | : 2007 |
| Genre | : Social Science |
| ISBN | : 0821370731 |
"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.
| Author | : Natalia Popova (Labor economist) |
| Publisher | : |
| Total Pages | : 0 |
| Release | : 2018 |
| Genre | : Emigration and immigration |
| ISBN | : 9789221326717 |
If the right policies are in place, labour migration can help countries respond to shifts in labour supply and demand, stimulate innovation and sustainable development, and transfer and update skills. However, a lack of international standards regarding concepts, definitions and methodologies for measuring labour migration data still needs to be addressed. This report gives global and regional estimates, broken down by income group, gender and age. It also describes the data, sources and methodology used, as well as the corresponding limitations. The report seeks to contribute to the 2018 Global Compact for Safe, Orderly and Regular Migration and to achieving SDG targets 8.8 and 10.7
| Author | : Iom International Organization For Migration |
| Publisher | : Academic Foundation |
| Total Pages | : 272 |
| Release | : 2008 |
| Genre | : Asia |
| ISBN | : 9788171885732 |
| Author | : Amy Y. C. Liu |
| Publisher | : Springer |
| Total Pages | : 288 |
| Release | : 2019-06-04 |
| Genre | : Political Science |
| ISBN | : 3319945742 |
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.
| Author | : Asian Development Bank |
| Publisher | : Asian Development Bank |
| Total Pages | : 272 |
| Release | : 2012-08-01 |
| Genre | : Business & Economics |
| ISBN | : 9290928336 |
This publication showcases the beginnings of the People‘s Republic of China–Asian Development Bank knowledge sharing platform, its context, activities, challenges, and lessons learned. It concludes by mapping out the next steps to bring it to its strategic mission.
