Migrant Worker Remittance Payments
... Mexican migrants still found the financial means to remit home the necessary amount of money to family and friends even during the American financial crisis in late 2008. Despite the decreased projections for Mexican remittances in the future, the individual payments that are still being sent contin ...
... Mexican migrants still found the financial means to remit home the necessary amount of money to family and friends even during the American financial crisis in late 2008. Despite the decreased projections for Mexican remittances in the future, the individual payments that are still being sent contin ...
Migration, remittances and the brain drain
... migrant workers on remittances at the cross-country level. If a significant proportion of migrants are highly educated, they are likely to earn higher income and thus remit more. Yet it can also be argued that educated migrants tend to come from better-off families who rely less on remittances for t ...
... migrant workers on remittances at the cross-country level. If a significant proportion of migrants are highly educated, they are likely to earn higher income and thus remit more. Yet it can also be argued that educated migrants tend to come from better-off families who rely less on remittances for t ...
How Does the Flow of Remittances Affect the Trade
... domestic investment to widen the pool of domestically manufactured products. Remittances can be a catalyst for private savings and per capita income (Koska et al. 2013; Anwar and Cooray, 2015; Drinkwater et al., 2003). The literature identifies two channels through which remittances affect the recei ...
... domestic investment to widen the pool of domestically manufactured products. Remittances can be a catalyst for private savings and per capita income (Koska et al. 2013; Anwar and Cooray, 2015; Drinkwater et al., 2003). The literature identifies two channels through which remittances affect the recei ...
Remittances and Trade Balance: Evidence from
... in less financially developed countries. Other studies like (Mundaca, 2005) do not observe the marginal differences between financially developed and under developed economies on the positive impact of remittances; for a sample of Latin American countries, he concludes that remittances have a signif ...
... in less financially developed countries. Other studies like (Mundaca, 2005) do not observe the marginal differences between financially developed and under developed economies on the positive impact of remittances; for a sample of Latin American countries, he concludes that remittances have a signif ...
Likely implications of the ongoing global financial crisis for Banglad
... Base Case Low Case South Asia ...
... Base Case Low Case South Asia ...
Mr. Dominique Desruelle, Advisor, Strategy and Policy Review
... The Impact of the Global Financial Crisis on Low-Income Countries Dominique Desruelle International Monetary Fund United Nations Economic and Social Council March 9, 2009 ...
... The Impact of the Global Financial Crisis on Low-Income Countries Dominique Desruelle International Monetary Fund United Nations Economic and Social Council March 9, 2009 ...
Increasing the Macroeconomic Impact of Remittances
... remittances larger than official development assistance, foreign direct investment, and portfolio flows in many countries. Remittances are person-to-person flows, well targeted to the needs of the recipients, who are often poor, and do not typically suffer from the governance problems that may be as ...
... remittances larger than official development assistance, foreign direct investment, and portfolio flows in many countries. Remittances are person-to-person flows, well targeted to the needs of the recipients, who are often poor, and do not typically suffer from the governance problems that may be as ...
Macroeconomic Determinants of Remittances in South Asian
... remittance channels. Conversely, compliance with international anti-money laundering and counter financing of terrorism regulations may be a significant cost factor putting upward pressure on prices, which may in turn leave substantial flows in underground channels. In 2014, South Asia receives US$1 ...
... remittance channels. Conversely, compliance with international anti-money laundering and counter financing of terrorism regulations may be a significant cost factor putting upward pressure on prices, which may in turn leave substantial flows in underground channels. In 2014, South Asia receives US$1 ...
Remittances in Armenia
... Remittances2 play a key role in the Armenian economy. On average over the last five years, remittances have been very large at 16 % of GDP (gradually trending down though from a peak of 19% in 2004). Remittances are a critical source of FX inflows for Armenia, averaging 38% higher than total exports ...
... Remittances2 play a key role in the Armenian economy. On average over the last five years, remittances have been very large at 16 % of GDP (gradually trending down though from a peak of 19% in 2004). Remittances are a critical source of FX inflows for Armenia, averaging 38% higher than total exports ...
The effects of the Russian economy and low oil prices on
... economy and low oil prices on the CIS region “An analysis of how the Russian currency and oil prices affect remittance channels, local economies and their Fx” Prague, 6 November 2015 ...
... economy and low oil prices on the CIS region “An analysis of how the Russian currency and oil prices affect remittance channels, local economies and their Fx” Prague, 6 November 2015 ...
Document
... • private capital flows fallen, UNCTAD estimates: • global FDI inflows fell 54% in 1st, quarter of 2009 • FDI inflows to developing countries in 2008 USD 549 billion, 2009 expected to fall by 25% • reversal in poverty reduction targets • number of poor living on less than 2 dollars a day could ris ...
... • private capital flows fallen, UNCTAD estimates: • global FDI inflows fell 54% in 1st, quarter of 2009 • FDI inflows to developing countries in 2008 USD 549 billion, 2009 expected to fall by 25% • reversal in poverty reduction targets • number of poor living on less than 2 dollars a day could ris ...
Prospects for Monetary Union in Southern Africa
... Empirical implausibility (but something has to explain home bias) Small countries (in any case, for Africa, we are talking small) Endogeneity of MU decision (but: 1 Rose controls; 2 Chironga ,2006) ...
... Empirical implausibility (but something has to explain home bias) Small countries (in any case, for Africa, we are talking small) Endogeneity of MU decision (but: 1 Rose controls; 2 Chironga ,2006) ...
Sources of Dutch Disease: Evidence from Transition Economies
... ( RER appreciation and high real wages). ...
... ( RER appreciation and high real wages). ...
Remittances Disadvantage Aff
... migrants in a host country in period one grows, the level of remittances sent to the home country will increase in period two, ceteris paribus. Likewise, as the level of remittances received in the home country increases in period two, the level of migration to the host country will increase in peri ...
... migrants in a host country in period one grows, the level of remittances sent to the home country will increase in period two, ceteris paribus. Likewise, as the level of remittances received in the home country increases in period two, the level of migration to the host country will increase in peri ...
Remittances Disadvantage Aff
... migrants in a host country in period one grows, the level of remittances sent to the home country will increase in period two, ceteris paribus. Likewise, as the level of remittances received in the home country increases in period two, the level of migration to the host country will increase in peri ...
... migrants in a host country in period one grows, the level of remittances sent to the home country will increase in period two, ceteris paribus. Likewise, as the level of remittances received in the home country increases in period two, the level of migration to the host country will increase in peri ...
The Continued Growth of Family Remittances to Latin America and
... increase is associated with small and controlled temporary work visas mostly in agriculture (H2 visas), as well as with undocumented migration (see also our 2014 report). New remitters in 2013 may have amounted to 120,000, considering estimates of between 117,000 and 106,000 in 2012. This increase ...
... increase is associated with small and controlled temporary work visas mostly in agriculture (H2 visas), as well as with undocumented migration (see also our 2014 report). New remitters in 2013 may have amounted to 120,000, considering estimates of between 117,000 and 106,000 in 2012. This increase ...
List of suspicious activity indicators commonly associated with
... (a) Account used as a temporary repository for funds. (b) A period of significantly increased activity amid relatively dormant periods. (c) “Structuring” or “Smurfing” i.e. many low value transactions conducted when one, or a few, large transactions could be used. Seen particularly in incoming remit ...
... (a) Account used as a temporary repository for funds. (b) A period of significantly increased activity amid relatively dormant periods. (c) “Structuring” or “Smurfing” i.e. many low value transactions conducted when one, or a few, large transactions could be used. Seen particularly in incoming remit ...
Opening Session
... Existing policy initiative for better statistics for GATS purposes. New policy initiative comes from Ministries of Finance: G7 (Sea Island Summit) and APEC. G7 has called for a statistical working group; IMF has not been formally consulted. World Bank plans to feature the issue in Global Economic Pr ...
... Existing policy initiative for better statistics for GATS purposes. New policy initiative comes from Ministries of Finance: G7 (Sea Island Summit) and APEC. G7 has called for a statistical working group; IMF has not been formally consulted. World Bank plans to feature the issue in Global Economic Pr ...
Class 17 Lecture notes (to be posted after class)
... – El Salvador – Haiti – Honduras – Jordan • >5% of GDP for 42 countries in 2004. • Global flows: $318 billion in 2007 • > other important external financial sources (ODA, bank lending, private investment) ...
... – El Salvador – Haiti – Honduras – Jordan • >5% of GDP for 42 countries in 2004. • Global flows: $318 billion in 2007 • > other important external financial sources (ODA, bank lending, private investment) ...
Remittances and Development: World Bank approach
... US $16 bln a year can be saved up if cutting remittances prices by at least 5 percentage points ...
... US $16 bln a year can be saved up if cutting remittances prices by at least 5 percentage points ...
Key Issues in Recording of Remittances in the Balance of Payments
... in Concepts and Definitions International Technical Meeting on Remittances Statistics The World Bank Washington, D.C., June 11-12, 2009 ...
... in Concepts and Definitions International Technical Meeting on Remittances Statistics The World Bank Washington, D.C., June 11-12, 2009 ...
Remittance
A remittance is a transfer of money by a foreign worker to an individual in his or her home country. Money sent home by migrants competes with international aid as one of the largest financial inflows to developing countries. Workers' remittances are a significant part of international capital flows, especially with regard to labour-exporting countries. In 2014, $436 billion went to developing countries, setting a new record. Overall global remittances also totaled $583 billion. Some countries, such as India and China, receive tens of billions of US dollars in remittances each year from their expatriates. In 2014, India received an estimated $70 billion and China an estimated $64 billion.