Determinants of Remittances: Recent Evidence Using Data on Internal Migrants in Vietnam PDF Download

Author: Thai Hung Pham, Barry Reilly, Yoko Niimi
Publisher: World Bank Publications
ISBN:
Category : Debt Markets
Languages : en
Pages : 38

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Book Description
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: Yoko Niimi
Publisher:
ISBN:
Category :
Languages : en
Pages : 38

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Book Description
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 relativesback 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: Yoko Niimi
Publisher:
ISBN:
Category :
Languages : en
Pages :

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Book Description
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: Diep Phan
Publisher:
ISBN:
Category :
Languages : en
Pages :

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Author: Pham Anh
Publisher:
ISBN:
Category :
Languages : en
Pages : 20

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Book Description
The paper aims at identifying and evaluating differences between microeconomic determinants of remittance from immigrant workers and migrants based on a survey of 1680 responders in Vietnam. Unlike previous studies, we add foreign language proficiency, costs for obtaining permission to work abroad (for oversea workers), home town as variables into the model. It found that female workers had a lower propensity to support their household of origin via remittances than the male worker, while female migrants seemed to send more money to their home countries rather than male migrants. Interestingly, from the North to the South, the paper found that oversea workers seemed to send more money to those they left behind, while migrants are found to send less remittance. In addition, the empirical evidence suggests that other demographic determinants including income, age, and marital status play a very important role in attracting remittance flows into Vietnam. Lastly, language proficiency might cause positive impact on amount for both migrants and immigrant workers, but it will be resulted in a decrease in frequency of remittance per year.

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: 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: Samuel Munzele Maimbo
Publisher: World Bank Publications
ISBN: 0821357948
Category : Business & Economics
Languages : en
Pages : 402

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Book Description
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: Amy Y. C. Liu
Publisher: Springer
ISBN: 3319945742
Category : Political Science
Languages : en
Pages : 271

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Book Description
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: Somik V. Lall
Publisher: World Bank Publications
ISBN:
Category : Mercado de trabajo - Paises en desarrollo
Languages : en
Pages : 63

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Book Description
"The migration of labor from rural to urban areas is an important part of the urbanization process in developing countries. Even though it has been the focus of abundant research over the past five decades, some key policy questions have not found clear answers yet. To what extent is internal migration a desirable phenomenon and under what circumstances? Should governments intervene and, if so, with what types of interventions? What should be their policy objectives? To shed light on these important issues, the authors survey the existing theoretical models and their conflicting policy implications and discuss the policies that may be justified based on recent relevant empirical studies. A key limitation is that much of the empirical literature does not provide structural tests of the theoretical models, but only provides partial findings that can support or invalidate intuitions and in that sense, support or invalidate the policy implications of the models. The authors' broad assessment of the literature is that migration can be beneficial or at least be turned into a beneficial phenomenon so that in general migration restrictions are not desirable. They also identify some data issues and research topics which merit further investigation. "--World Bank web site.