Domestic Remittance in China PDF Download

Author: Alec Gil Stashevsky
Publisher:
ISBN:
Category :
Languages : en
Pages : 97

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Author: Rachel Murphy
Publisher: International Organization for Migration (IOM)
ISBN:
Category : Social Science
Languages : en
Pages : 48

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Book Description
Remittances are an integral feature of the internal migration process in China. According to a report released by the Consultative Group to Assist the Poor, in 2005 China's rural migrants sent nearly US$ 30 billion back home to their families. The significance of domestic remittances becomes even more evident when the large numbers of people receiving remittances are taken into account. Owing to the shorter travel distances, the lower cost of labour market entry and the larger volume of domestic migrants relative to international migrants, domestic remittances are likely to benefit more poor people than international money transfers. Clearly, in the case of China, remittances have greatly improved the incomes of rural populations. In order to understand the contributions remittances can make to development and the ways in which potential benefits may be enhanced, there are several questions that need to be answered. For instance, how are such funds distributed within and across regions? What channels are used to send money to the rural areas? Who are the people in the rural community receiving the money? Why do some migrants fail to remit? How are remittances spent? And, what are the policy implications of how the money is distributed, remitted and used? This report draws on a rich body of English and Chinese literature to find answers to these questions. Book jacket.

Author: Rachel Murphy
Publisher:
ISBN: 9781280644597
Category :
Languages : en
Pages :

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Author: Asli Demirguc-Kunt
Publisher: World Bank Publications
ISBN: 1464812683
Category : Business & Economics
Languages : en
Pages : 228

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Book Description
In 2011 the World Bank—with funding from the Bill and Melinda Gates Foundation—launched the Global Findex database, the world's most comprehensive data set on how adults save, borrow, make payments, and manage risk. Drawing on survey data collected in collaboration with Gallup, Inc., the Global Findex database covers more than 140 economies around the world. The initial survey round was followed by a second one in 2014 and by a third in 2017. Compiled using nationally representative surveys of more than 150,000 adults age 15 and above in over 140 economies, The Global Findex Database 2017: Measuring Financial Inclusion and the Fintech Revolution includes updated indicators on access to and use of formal and informal financial services. It has additional data on the use of financial technology (or fintech), including the use of mobile phones and the Internet to conduct financial transactions. The data reveal opportunities to expand access to financial services among people who do not have an account—the unbanked—as well as to promote greater use of digital financial services among those who do have an account. The Global Findex database has become a mainstay of global efforts to promote financial inclusion. In addition to being widely cited by scholars and development practitioners, Global Findex data are used to track progress toward the World Bank goal of Universal Financial Access by 2020 and the United Nations Sustainable Development Goals. The database, the full text of the report, and the underlying country-level data for all figures—along with the questionnaire, the survey methodology, and other relevant materials—are available at www.worldbank.org/globalfindex.

Author: Chi-cheung Choi
Publisher: BRILL
ISBN: 9004408606
Category : History
Languages : en
Pages : 367

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Book Description
Chinese and Indian Merchants in Modern Asia studies overseas Chinese and Indian merchants and their impacts on the emerging global economy from the nineteenth to twentieth centuries, focusing on their networking and interactions with the empires and the states.

Author: Statistical Office of the European Communities
Publisher: International Monetary Fund
ISBN: 1455298069
Category : Business & Economics
Languages : en
Pages : 96

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Book Description
"The International Transactions in Remittance: Guide for Compilers and Users (RCG)" presents concepts, definitions, and classifications related to remittances. It is consistent with the new standards for measuring balance of payments transactions, as contained in the sixth edition of the "Balance of Payments and International Investment Position Manual (BPM6)." These standards are used globally to compile comprehensive and comparable data. "The RCG" identifies the main remittances compilation methods currently being used by compilers and discusses in detail the strengths and weaknesses of each method. It is the first manual providing compilation guidance for remittances and is also the first compilation guide based on concepts set out in "BPM6." Although the "RCG" is primarily aimed at remittances data compilers, it may also be useful for users who wish to understand remittances data.

Author: Gregor Benton
Publisher: Univ of California Press
ISBN: 0520970543
Category : History
Languages : en
Pages : 348

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Book Description
Qiaopi is one of several names given to the “silver letters” Chinese emigrants sent home in the nineteenth and twentieth centuries. These letters-cum-remittances document the changing history of the Chinese diaspora in different parts of the world and in different times. Dear China is the first book-length study in English of qiaopi and of the origins, structure, and operations of the qiaopi trade. The authors explore the characteristics and transformations of qiaopi, showing how such institutionalized and cross-national mechanisms helped sustain families separated by distance and state frontiers and contributed to the sending regions’ socioeconomic development. Dear China contributes substantially to our understanding of modern Chinese history and to the comparative study of global migration.

Author: Mr.Eswar Prasad
Publisher: International Monetary Fund
ISBN: 1451860986
Category : Business & Economics
Languages : en
Pages : 63

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Book Description
In this paper, we adopt a cross-country perspective to examine the evolution of capital flows into China, both in terms of volumes and composition. China's inflows have generally been dominated by foreign direct investment (FDI), a pattern that appears to be favorable in light of the recent literature on the experiences of developing countries with financial globalization. We provide a detailed documentation of the evolution of China's capital controls, a proximate determinant of the pattern of capital inflows. We also discuss a number of other intriguing hypotheses that attempt to capture the "deeper" causes underlying China's approach to capital flows. In particular, we argue that some popular mercantilist-type arguments are inconsistent with the facts. We also analyze the recent rapid rise of China's international reserves and discuss its implications. Contrary to some popular perceptions, the dramatic surge in foreign exchange reserves since 2001 is mainly attributable to non-FDI capital inflows, rather than current account surpluses or FDI.

Author: Sanket Mohapatra
Publisher: World Bank Publications
ISBN: 0821385534
Category : Social Science
Languages : en
Pages : 380

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Book Description
Remittances sent by African migrants have become an important source of external finance for countries in the Sub-Saharan African region. In many African countries, these flows are larger than foreign direct investment and portfolio debt and equity flows. In some cases, they are similar in size to official aid from multilateral and bilateral donors. Remittance markets in Africa, however, remain less developed than other regions. The share of informal or unrecorded remittances is among the highest for Sub-Saharan African countries. Remittance costs tend to be significantly higher in Africa both for sending remittances from outside the region and for within-Africa (South-South) remittance corridors. At the same time, the remittance landscape in Africa is rapidly changing with the introduction of new remittance technologies, in particular mobile money transfers and branchless banking. This book presents findings of surveys of remittance service providers conducted in eight Sub-Saharan African countries and in three key destination countries. It looks at issues relating to costs, competition, innovation and regulation, and discusses policy options for leveraging remittances for development in Africa.

Author: Tu Hong
Publisher: Kluwer Law International B.V.
ISBN: 9041124268
Category : Business & Economics
Languages : en
Pages : 410

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Book Description
Foreign Exchange Control in China lays out comprehensively the compliance requirements, procedures and documentation for the conduct of foreign exchange transactions in China. Written in an easy-to-read format, the book is designed to help readers understand and handle the various complicated aspects and requirements of foreign exchange control in China. Compliance requirements for the current and capital accounts, foreign exchange settlements, use and administration of foreign exchange accounts, foreign debts and guarantees, import, export, service trade, bonded zones and qualified foreign institutional investors are closely examined with a list of the procedures to follow and applicable documentation provided. Contents are specially included to assist foreign investors deal with foreign exchange requirements whilst operating in China, including those for capital movements and remittance of profits and dividends out of China. Foreign Exchange Control in China is an indispensable guide to foreign investors and multinational companies as well as to lawyers, financial, accounting and tax professionals. This title forms part of the Asia Business Law Series. The Asia Business Law Series is published in cooperation with CCH Asia and provides updated and reliable practical guidelines, legislation and case law, in order to help practitioners, policy makers and scholars understand how business is conducted in the rapidly growing Asian market. This book was originally published by CCH Asia as the loose-leaf Foreign Exchange Control in China