Migration and Remittances During the Global Financial Crisis and Beyond

Migration and Remittances During the Global Financial Crisis and Beyond PDF Author: Ibrahim Sirkeci
Publisher: World Bank Publications
ISBN: 0821388266
Category : Business & Economics
Languages : en
Pages : 471

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Book Description
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.

Handbook of the Economics of International Migration

Handbook of the Economics of International Migration PDF Author: Barry Chiswick
Publisher: Elsevier
ISBN: 0444537651
Category : Business & Economics
Languages : en
Pages : 812

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Book Description
The economic literature on international migration interests policymakers as well as academics throughout the social sciences. These volumes, the first of a new subseries in the Handbooks in Economics, describe and analyze scholarship created since the inception of serious attention began in the late 1970s. This literature appears in the general economics journals, in various field journals in economics (especially, but not exclusively, those covering labor market and human resource issues), in interdisciplinary immigration journals, and in papers by economists published in journals associated with history, sociology, political science, demography, and linguistics, among others. - Covers a range of topics from labor market outcomes and fiscal consequences to the effects of international migration on the level and distribution of income – and everything in between. - Encompasses a wide range of topics related to migration and is multidisciplinary in some aspects, which is crucial on the topic of migration - Appeals to a large community of scholars interested in this topic and for whom no overviews or summaries exist

Globalization and Development

Globalization and Development PDF Author: José Antonio Ocampo
Publisher: Stanford University Press
ISBN: 9780804749565
Category : Business & Economics
Languages : en
Pages : 238

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Book Description
Globalization and Development draws upon the experiences of the Latin American and Caribbean region to provide a multidimensional assessment of the globalization process from the perspective of developing countries. Based on a study by the United Nations Economic Commission for Latin America and the Caribbean (ECLAC), this book gives a historical overview of economic development in the region and presents both an economic and noneconomic agenda that addresses disparity, respects diversity, and fosters complementarity among regional, national, and international institutions. For orders originating outside of North America, please visit the World Bank website for a list of distributors and geographic discounts at http://publications.worldbank.org/howtoorder or e-mail [email protected].

Globalization in Historical Perspective

Globalization in Historical Perspective PDF Author: Michael D. Bordo
Publisher: University of Chicago Press
ISBN: 0226065995
Category : Business & Economics
Languages : en
Pages : 600

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Book Description
As awareness of the process of globalization grows and the study of its effects becomes increasingly important to governments and businesses (as well as to a sizable opposition), the need for historical understanding also increases. Despite the importance of the topic, few attempts have been made to present a long-term economic analysis of the phenomenon, one that frames the issue by examining its place in the long history of international integration. This volume collects eleven papers doing exactly that and more. The first group of essays explores how the process of globalization can be measured in terms of the long-term integration of different markets-from the markets for goods and commodities to those for labor and capital, and from the sixteenth century to the present. The second set of contributions places this knowledge in a wider context, examining some of the trends and questions that have emerged as markets converge and diverge: the roles of technology and geography are both considered, along with the controversial issues of globalization's effects on inequality and social justice and the roles of political institutions in responding to them. The final group of essays addresses the international financial systems that play such a large part in guiding the process of globalization, considering the influence of exchange rate regimes, financial development, financial crises, and the architecture of the international financial system itself. This volume reveals a much larger picture of the process of globalization, one that stretches from the establishment of a global economic system during the nineteenth century through the disruptions of two world wars and the Great Depression into the present day. The keen analysis, insight, and wisdom in this volume will have something to offer a wide range of readers interested in this important issue.

The Oxford Handbook of Historical Political Economy

The Oxford Handbook of Historical Political Economy PDF Author: Jeffery A. Jenkins
Publisher: Oxford University Press
ISBN: 019761860X
Category : Business & Economics
Languages : en
Pages : 985

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Book Description
This Handbook presents chapters that explore the causes and consequences of politics within economic history using social-scientific theory and methods.The first section summarizes the state of the field and provides an overview of the data and techniques typically used by HPE scholars. Subsequent chapters survey major HPE research areas in political economy, political science, and economics, as well as the long-run economic, political, and social consequences of historical political economy

Overseas Economic Relations and Statehood in Europe, 1860s–1970s

Overseas Economic Relations and Statehood in Europe, 1860s–1970s PDF Author: Gerold Krozewski
Publisher: Taylor & Francis
ISBN: 1000861392
Category : History
Languages : en
Pages : 308

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Book Description
Drawing on official, archival, and published sources, this book explores how the formative history of the European nation-state was embedded within economic globalization and associated with conceptions of the world overseas. With a particular focus on France, Germany, Italy, and Britain, this research investigates how overseas relationships shaped state governance. The argument departs from conventional histories by linking together the analysis of economic relationships and political cultures, examining the ways in which state agency formed in different areas such as national economy building, the organization of overseas raw material and food supplies, labour, migration, and national identity. Spanning over a century, the book discusses the changing role of overseas colonies in European national development. Once a means to complete economic liberalization, colonies were then envisaged as tools of crisis management before, in the mid-twentieth century, complementarities in imperial-colonial economies shifted away from empire. This volume covers neglected aspects of the transnational history of European nation-states and is an ideal resource for students and researchers interested in the ties between Europe, Africa, and Asia, as well as connections between political, economic, and social relations and their conceptualizations.

A New Balance of Payments for the United States, 1790–1919

A New Balance of Payments for the United States, 1790–1919 PDF Author: Lawrence H. Officer
Publisher: Springer Nature
ISBN: 3030660990
Category : Business & Economics
Languages : en
Pages : 424

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Book Description
This book develops new balance of payments statistics for the United States from 1790 to 1919, before official statistics were kept. Part I of this book justifies construction of a new balance of payments table, and Chapter 1 surveys existing tables from that standpoint. Chapter 2 shows how this book overcomes the limitations of Office of Business Economics and its North-Simon-Goldsmith foundation. Specific features are highlighted, including measurement decisions, improvement of OBE series, development of new series, and derived implications for the structure of the US economy and for the importance of individual sectors that loom large at various times: slave trade, shipping, manufacturing, and travel. The book then generates new time series of the movement of people, the movement of goods, the movement of funds, and the provision of services. Part VI puts the new balance of payments table to use in several ways: aggregates and balances within the table, structure of the US economy, and specific sectors of the economy (slave trade, shipping, manufacturing, travel). Finally, Part VII provides concluding comments.

Migration and Remittances

Migration and Remittances PDF Author: Ali M. Mansoor
Publisher: World Bank Publications
ISBN: 0821362348
Category : Business & Economics
Languages : en
Pages : 236

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Book Description
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).

World Development Report 2009

World Development Report 2009 PDF Author: World Bank
Publisher: World Bank Publications
ISBN: 082137608X
Category : Political Science
Languages : en
Pages : 410

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Book Description
Rising densities of human settlements, migration and transport to reduce distances to market, and specialization and trade facilitated by fewer international divisions are central to economic development. The transformations along these three dimensions density, distance, and division are most noticeable in North America, Western Europe, and Japan, but countries in Asia and Eastern Europe are changing in ways similar in scope and speed. 'World Development Report 2009: Reshaping Economic Geography' concludes that these spatial transformations are essential, and should be encouraged. The conclusion is not without controversy. Slum-dwellers now number a billion, but the rush to cities continues. Globalization is believed to benefit many, but not the billion people living in lagging areas of developing nations. High poverty and mortality persist among the world's 'bottom billion', while others grow wealthier and live longer lives. Concern for these three billion often comes with the prescription that growth must be made spatially balanced. The WDR has a different message: economic growth is seldom balanced, and efforts to spread it out prematurely will jeopardize progress. The Report: documents how production becomes more concentrated spatially as economies grow. proposes economic integration as the principle for promoting successful spatial transformations. revisits the debates on urbanization, territorial development, and regional integration and shows how today's developers can reshape economic geography.

Handbook of Cliometrics

Handbook of Cliometrics PDF Author: Claude Diebolt
Publisher: Springer Nature
ISBN: 3031355830
Category :
Languages : en
Pages : 2796

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Book Description