Labour Migration and the Recent Financial Crisis in Asia PDF Download
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Author: OECD
Publisher: OECD Publishing
ISBN: 9164180328
Category :
Languages : en
Pages : 242
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Book Description
This series of reports identifies the impact of the Asian financial crisis on labour migration and the conditions of migrant workers in the region.
Author: OECD
Publisher: OECD Publishing
ISBN: 9164180328
Category :
Languages : en
Pages : 242
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Book Description
This series of reports identifies the impact of the Asian financial crisis on labour migration and the conditions of migrant workers in the region.
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.
Author: Asian Development Bank
Publisher: Asian Development Bank
ISBN: 9290928336
Category : Business & Economics
Languages : en
Pages : 272
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Book Description
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.
Author: Aris Ananta
Publisher: Institute of Southeast Asian Studies
ISBN: 9789812302786
Category : Business & Economics
Languages : en
Pages : 400
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Book Description
Includes statistics.
Author: Dilip Ratha
Publisher: World Bank Publications
ISBN: 0821370731
Category : Social Science
Languages : en
Pages : 70
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Book Description
"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: Organisation for Economic Co-operation and Development
Publisher:
ISBN: 9789264171732
Category : Asia
Languages : en
Pages : 0
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Book Description
Accompanying a sustained period of economic growth, the flows of labour migrants between the economies of East and South-east Asia grew considerably prior to the recent crisis. These flows have become more diverse and complex rendering necessary the improved monitoring of migration trends and policies in each country as well as bringing forth the need to extend the exchange of expertise and experience between the region's experts and policy makers. What has been the impact of the crisis on national labour markets? How have the different countries modified their approach to the employment of fo.
Author: Aris Ananta
Publisher: Institute of Southeast Asian Studies
ISBN: 9814311197
Category : Social Science
Languages : en
Pages : 461
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Book Description
This book started with an objective to understand the impact of high inflation on poverty and food security in Southeast Asia. However, the global economy moved quickly into recession in 2008. Anticipating that the impact of global recession would be more severe than that of high inflation in Southeast Asia, we re-focused the title of the book to Poverty, Food, and Global Recession in Southeast Asia. By early 2010, people were already optimistic that the global recession was over or would be over soon. However, the evidence was mounting that the poor had suffered and were still suffering from the current global crisis, even if the richer individuals may have recovered. Therefore, an important question arises, Is the crisis really over for the poor? This then became the sub-title of this book. This book aims to contribute a better understanding on poverty and food security in Southeast Asia during the recent global recession considering both recent developments and the previous major crisis of 1997-98.
Author: Christof Roos
Publisher: Routledge
ISBN: 1351385135
Category : Social Science
Languages : en
Pages : 257
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Book Description
Offering an in-depth analysis of the impact of the economic crisis (2008–2012) on immigration movements and policies in the U.S. and Europe, the analysis in this book is guided by two key questions: What is the scope of change?; and did the crisis motivate this change or did other factors do so? The contributions to the book find that the crisis had immediate effects on migration patterns – migrants left crisis-stricken countries, naturalised in non-crisis countries where they had previously settled, or stopped migrating to formerly attractive countries which had been negatively affected by the crisis. Whereas prior to the crisis the majority of migrants were highly-skilled, during the crisis there was a shift to vulnerable groups such as low-skilled workers and women. The book also finds that migration policies have indeed changed in times of crisis. However, these changes are neither exclusively restrictions nor liberalisations, but encompass changes in both directions. Despite the coincidence of many policy changes with the crisis, these changes are not primarily induced by the crisis. Instead, politicians rhetorically used the crisis to promote both liberal and restrictive policy changes which were already in the making before the crisis. This book was originally published as a special issue of the Journal of Ethnic and Migration Studies.
Author: Anna Lindley
Publisher: Routledge
ISBN: 1136157255
Category : Business & Economics
Languages : en
Pages : 224
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Book Description
Crisis and migration have a long association, in popular and policy discourse as well as in social scientific analysis. Despite the emergence of more nuanced and even celebratory accounts of mobility in recent years, there remains a persistent emphasis on migration being either a symptom or a cause of crisis. Moreover, in the context of a recent series of headline-hitting and politically controversial situations, terms like ‘migration crisis’ and ‘crisis migration’ are acquiring increasing currency among policy-makers and academics. Crisis and Migration provides fresh perspectives on this routine association, critically examining a series of politically controversial situations around the world. Drawing on first-hand research into the Arab uprisings, conflict and famine in the Horn of Africa, cartel violence in Latin America, the global economic crisis, and immigration ‘crises’ from East Asia to Southern Africa to Europe, the book’s contributors situate a set of contemporary crises within longer histories of social change and human mobility, showing the importance of treating crisis and migration as contextualised processes, rather than isolated events. By exploring how migration and crisis articulate as lived experiences and political constructs, the book brings migration from the margins to the centre of discussions of social transformation and crisis; illuminates the acute politicisation and diverse spatialisations of crisis–migration relationships; and urges a nuanced, cautious and critical approach to associations of crisis and migration.
Author: Khalid Koser
Publisher:
ISBN:
Category :
Languages : en
Pages : 46
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Book Description
The current global economic crisis is impacting migration patterns and processes around the world. A reduction in migration flows globally has been reported. Migrant workers are laid off, and while some return home, others stay. How to respond to these migration impacts poses challenges for policymakers in both countries of origin and destination. Against this background, this Report considers the lessons for migration policy to be learned from the major financial crises of the 20h century, namely the Great Depression (1930s), the oil crisis (1973), the Asian financial crisis (1997-1999), the financial crisis in Russia (1998), and the Latin American financial crisis (1998-2002). As the impact of previous crises on migrants and migration has been uneven and unequal across countries and regions, depending on a range of factors, this Report draws out the wider lessons for policy that can be learned from previous responses to economic crises.
