How Trade, Aid, and Remittances Affect International Migration PDF Download

Author: Maurice W. Schiff
Publisher: World Bank Publications
ISBN:
Category : Emigrant remittances
Languages : en
Pages : 26

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Author: Sule Akkoyunlu
Publisher:
ISBN:
Category :
Languages : en
Pages :

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Author: United Nations Conference on Trade and Development. Division on Transnational Corporations and Investment
Publisher: Geneva : UNCTAD Secretariat
ISBN:
Category : Business & Economics
Languages : en
Pages : 120

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Author: Sharon Stanton Russell
Publisher: World Bank Publications
ISBN:
Category : Social Science
Languages : en
Pages : 102

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This paper reviews the major types of international migration and recent global and regional trends in population movements, as well as conceptual issues and recent trends in the volume of remittance flows. The paper further considers the extent to which trade, aid and development can be expected to stem future migration flows, the role of international migration in trade in services, and implications for future research. Migration flows are heavily concentrated in a few world regions and are increasingly volatile and unpredictable, with political as well as economic causes and consequences. While there is general consensus that flows of capital and goods should be free, there is no such agreement on the movement of people. Little is known about the extent to which national policies toward in-migration impede trade in services; a survey of firms across selected industries might shed light on this issue. There is also little documentation of the economic and trade consequences in countries with policies to train workers for international export. The adoption of measures to address the potential for migration from Central and Eastern Europe offer new opportunities to understand interactions amongst migration, trade, aid, investment, and development, as do the "turnaround cases" (e.g. italy, Spain, Portugal) of countries that have shifted or are shifting from areas of emigration to ones of immigration.

Author: Natalia E. Dinello
Publisher: Edward Elgar Publishing
ISBN: 9781847205858
Category : Political Science
Languages : en
Pages : 278

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While many countries may embrace globalization at the conceptual level, the specifics of implementation vary greatly from country to country. This book includes diverse narratives which suggest how to limit globalization's negative aspects and ensure constructive engagement in the global community.

Author: Mr.Kangni Kpodar
Publisher: International Monetary Fund
ISBN: 1463923252
Category : Business & Economics
Languages : en
Pages : 33

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Aid has been for decades an important source of financing for developing countries, but more recently remittance flows have increased rapidly and are beginning to dwarf aid flows. This paper investigates how remittances affect aid flows, and how this relationship varies depending on the channel of transmission from remittances to aid. Buoyant remittances could reduce aid needs when human capital improves and private investment takes off. Absent these, aid flows could still drop as remittances may dampen donors' incentive to scale up aid. Concurrently, remittances could be positively associated with aid if migrants can influence aid policy in donor countries. Using an instrumental variable approach with panel data for a sample of developing countries from 1975-2005, the baseline results show that remittances actually increase aid dependency. However, a refined model controlling for the channels of transmission from remittances to aid reveals that remittances lead to lower aid dependency when they are invested in human and physical capital rather than consumed.

Author: Dilip Ratha
Publisher: World Bank Publications
ISBN: 146480320X
Category : Business & Economics
Languages : en
Pages : 299

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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: Robert E. B. Lucas
Publisher:
ISBN: 9781782548065
Category : Emigration and immigration
Languages : en
Pages : 0

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Book Description
Migration and economic development are mutually linked. Development is a catalyst for migration and vice versa. However, the signs of causal links in both directions remain widely disputed, prompting questions about the reciprocity between the two. This Handbook summarizes the state of thinking and presents new evidence on various links between international migration and economic development, with particular reference to lower-income countries. The connections between trade, aid and migration are critically examined through global case studies. Some of the topics covered include: - a review of European states' co-development strategies to limit immigration and redirect remittances - an exploration of the role of the diaspora in transferring technology and stimulating trade - an examination of the economic roots of international terrorism. The various chapters extend our frontiers of understanding with fresh evidence, providing a useful reference point for researchers, students and policymakers interested in development and migration.

Author: Maëlan Le Goff
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

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Book Description
This dissertation examines the effects of migrant remittances on the development of origin countries and compares these effects with those of official development aid. In a first part we investigate the effects of remittances on the development of recipient countries. Results suggest that remittances reduce within inequality in countries more developed, where migration cost are lower and the share of skilled migrants less important (Chapter 1). Their impact on growth in sub-Saharan Africa is also non-Linear and depends positively on the financial and institutional development of recipient economies (Chapter 2). Finally, remittances have a real exchange appreciation effect in CFA countries, but not in countries with a flexible exchange rate regime (Chapter 3). In a second part we focus on the stabilizing impact of remittances. Chapter 4 shows, at the microeconomic level, that remittances have played an insurance role during the last financial crisis and that this role was all the more acute that migrants have not strongly suffered from the crisis and that family links were strong. Chapter 5 suggests in a country-By-Country approach that remittances are pro-Cyclical in a higher number of cases, while on average, they respond negatively to the home country income. Chapter 6 findings show that remittances dampen the harmful impact of trade instability on poverty. In a third part, we compare migrant remittances with public aid. While public aid mitigates the harmful impact of export instability on output growth, migrant remittances dampen the harmful effect of export instability on poverty (Chapter 7). Finally, migrant remittances reduce aid dependency in countries where remittances are invested rather than consumed (Chapter 8).

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.