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Author: Kefale, Asnake
Publisher: Forum for Social Studies
ISBN: 9994450662
Category : Social Science
Languages : en
Pages : 68
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Book Description
In recent years, a large number of Ethiopians are travelling to various countries as labour migrants. The Republic of South Africa and the oil-rich Gulf countries have emerged as major destinations for many documented as well as undocumented Ethiopian labour migrants. The majority of the migrants send a substantial amounts of money back to the country for different purposes. Out of this, the largest share comes through ‘informal’ channels, bypassing banks and other money transfer institutions. The use of informal means of money transfer is problematic as it does often violate government financial regulations, both in the sending and receiving countries. In addition, the use of informal channels denies the country valuable foreign exchange income. This monograph examines the various channels that Ethiopian labour migrants in the Republic of South Africa and the Middle East use to send remittance money to their families; and the respective advantages and drawbacks thereof. It also looks at how remittance money is utilised by receiving families and its socio-economic impacts.
Author: Kefale, Asnake
Publisher: Forum for Social Studies
ISBN: 9994450662
Category : Social Science
Languages : en
Pages : 68
Get Book Here
Book Description
In recent years, a large number of Ethiopians are travelling to various countries as labour migrants. The Republic of South Africa and the oil-rich Gulf countries have emerged as major destinations for many documented as well as undocumented Ethiopian labour migrants. The majority of the migrants send a substantial amounts of money back to the country for different purposes. Out of this, the largest share comes through ‘informal’ channels, bypassing banks and other money transfer institutions. The use of informal means of money transfer is problematic as it does often violate government financial regulations, both in the sending and receiving countries. In addition, the use of informal channels denies the country valuable foreign exchange income. This monograph examines the various channels that Ethiopian labour migrants in the Republic of South Africa and the Middle East use to send remittance money to their families; and the respective advantages and drawbacks thereof. It also looks at how remittance money is utilised by receiving families and its socio-economic impacts.
Author: David McKenzie
Publisher: World Bank Publications
ISBN: 0707061539
Category : Emigration and immigration
Languages : en
Pages : 16
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Book Description
This paper reviews common challenges faced by researchers interested in measuring the impact of migration and remittances on income, poverty, inequality, and human capital (or, in general, "welfare") as well as difficulties confronting development practitioners in converting this research into policy advice. On the analytical side, the paper discusses the proper formulation of a research question, the choice of the analytical tools, as well as the interpretation of the results in the presence of pervasive endogeneity in all decisions surrounding migration. Particular attention is given to the use of instrumental variables in migration research. On the policy side, the paper argues that the private nature of migration and remittances implies a need to carefully spell out the rationale for interventions. It also notices the lack of good migration data and proper evaluations of migration-related government policies. The paper focuses mainly on microeconomic evidence about international migration, but much of the discussion extends to other settings as well.
Author: Serge Feld
Publisher: Springer Nature
ISBN: 3030755134
Category : Social Science
Languages : en
Pages : 183
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Book Description
This book provides an analysis of theoretical and empirical researches on the effects of remittances and brain drain on the development of less developed countries (LDCs). It analyzes the most recent global, regional and national data as well as the arguments for and against the emigration of highly skilled personnel and remittances, thereby highlighting policies aimed at optimizing the link between migration and development. The book examines in depth the arguments against "brain drain", namely the loss of skilled labor, wasted public investment in higher education, and reduced tax revenues. It also presents the arguments in favor, emphasizing on the transfer of scientific knowledge, the incentive effect of increased education spending, and participation in international networks. It addresses the central issue of emigration of medical personnel from developing countries and its consequences on the population.The book focuses on the effects of remittances on poverty and inequalities. They improve health conditions, raise education levels and empower women. Positive effects include the stabilizing function of remittances and the improvement of external accounts. Other effects are subject to conflicting assessments such as the reduction of labor supply and the "Dutch disease". The focus is on institutions who integrate economic, social and political incentives in order to establish remittances at the heart of development policies.The book provides a reference for students and research centers devoted to development economics, centers for international migration studies, and research units focusing on population, migration, and development.
Author:
Publisher: World Bank Publications
ISBN: 082136345X
Category :
Languages : en
Pages : 182
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Book Description
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: John F. Helliwell
Publisher:
ISBN: 9780996851367
Category : Happiness
Languages : en
Pages : 172
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Book Description
The World Happiness Report reviews levels of happiness across developed and developing nations, and presents ranking tables on national and regional happiness.
Author: Dilip Ratha
Publisher: World Bank Publications
ISBN: 146480320X
Category : Business & Economics
Languages : en
Pages : 299
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Book Description
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: Tenzin Namgha
Publisher:
ISBN: 9783668465619
Category :
Languages : en
Pages : 172
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Book Description
Examination Thesis from the year 2016 in the subject Sociology - Political Sociology, Majorities, Minorities, course: Develiopment Economics, language: English, abstract: Due to the invasion and occupation of Tibet by China, the first wave of Tibetan refugees seeking asylum came to India and neighbouring countries like Bhutan and Nepal in 1959. At the time, India, Nepal and Bhutan were economically and socially backward countries. India opened up its economy in the 1990's and it paved the way for socio-economic development of the country. Tibetan migrants were also able to use this opportunity for their own growth and economic development. The rise in awareness levels helped Tibetan migrants realize that they could further advance their individual and community growth by seeking job opportunities abroad. Thus, the first wave of migrants left for North America, Canada and European countries in early 1990's and they were able to send home remittances in dollars and pounds which fetched good exchange rate in India against the rupees. The flow of remittances from abroad enhanced the livelihood of Tibetan refugees in India and triggered a chain migration to the west. In this study, it focuses on the aspect of remittance and development on Tibetan refugee who has been settled in India for more than 5 decades and relies on remittances. The details of the profile of Tibetan diaspora will be discussed in chapter 4.
Author: Richard H. Adams
Publisher: World Bank Publications
ISBN:
Category : Citizens
Languages : en
Pages : 32
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Book Description
Abstract: This paper examines the economic impact of international remittances on countries and households in the developing world. To analyze the country-level impact of remittances, the paper estimates an econometric model based on a new data set of 115 developing countries. Results suggest that countries located close to a major remittance-sending region (like the United States, OECD-Europe) are more likely to receive international remittances, and that while the level of poverty in a country has no statistical effect on the amount of remittances received, for those countries which are fortunate enough to receive remittances, these resource flows do tend to reduce the level and depth of poverty. At the household level, a review of findings from recent research suggest that households receiving international remittances spend less at the margin on consumption goods-like food-and more on investment goods-like education and housing. Households receiving international remittances also tend to invest more in entrepreneurial activities.
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: Mitchel Seifert
Publisher: NY Research Press
ISBN: 9781647254100
Category : Business & Economics
Languages : en
Pages : 0
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Book Description
The goods and money sent by migrants to their friends and family in their country of origin is known as remittance. In developing countries, remittances are a significant source of social welfare as it helps reduce the severity and depth of poverty in these countries. Remittances are considered to be more stable than capital flow since they do not decrease during an economic crisis. They are also linked to higher household expenditure on small businesses, health and education. These migrant remittances have emerged in recent years as a critical contributor to development in migrant-sending countries of the global south. This book presents the social, economic, and political implications of migrant remittances. Coherent flow of topics, student-friendly language, and extensive use of examples make this book an invaluable source of knowledge.
