International Remittances And The Household Analysis And Review Of Global Evidence

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International Remittances and the Household

Author : Adams, Jr. (Richard H.)
Publisher : Unknown
Page : 128 pages
File Size : 46,6 Mb
Release : 2010
Category : Electronic
ISBN : OCLC:1290249672

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International Remittances and the Household by Adams, Jr. (Richard H.) Pdf

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, 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.

International remittances and the household : analysis and review of global evidence

Author : Richard H. Adams
Publisher : World Bank Publications
Page : 32 pages
File Size : 46,9 Mb
Release : 2007
Category : Citizens
ISBN : 8210379456XXX

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International remittances and the household : analysis and review of global evidence by Richard H. Adams Pdf

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.

The Development Dimension Migration, Remittances and Development

Author : OECD
Publisher : OECD Publishing
Page : 351 pages
File Size : 45,6 Mb
Release : 2005-11-15
Category : Electronic
ISBN : 9789264013896

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The Development Dimension Migration, Remittances and Development by OECD Pdf

This publication presents the current situation with regard to the magnitude and economic impact of migrants’ remittances to their countries of origin.

The Impact of Remittances on Poverty and Human Capital

Author : Pablo Acosta,Pablo Fajnzylber,J. Humberto Lopez
Publisher : World Bank Publications
Page : 36 pages
File Size : 55,9 Mb
Release : 2007
Category : Debt Markets
ISBN : 8210379456XXX

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The Impact of Remittances on Poverty and Human Capital by Pablo Acosta,Pablo Fajnzylber,J. Humberto Lopez Pdf

This paper explores the impact of remittances on poverty, education, and health in 11 Latin American countries using nationally representative household surveys and making an explicit attempt to account for one of the inherent costs associated with migration -- the potential income that the migrant may have made at home. The main findings of the study are the following: (1) regardless of the counterfactual used remittances appear to lower poverty levels in most recipient countries; (2) yet despite this general tendency, the estimated impacts tend to be modes; and (3) there is significant country heterogeneity in the poverty reduction impact of remittances' flows. Among the aspects that have been identified in the paper that may lead to varying outcomes across countries are the percentage of households reporting remittances income, the share of remittances of recipient households belonging to the lowest quintiles of the income distribution, and the relative importance of remittances flows with respect to GDP. While remittances tend to have positive effects on education and health, this impact is often restricted to specific groups of the population.

Migration and Remittances During the Global Financial Crisis and Beyond

Author : Ibrahim Sirkeci,Jeffrey H. Cohen,Dilip Ratha
Publisher : World Bank Publications
Page : 471 pages
File Size : 54,9 Mb
Release : 2012-05-30
Category : Business & Economics
ISBN : 9780821388266

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Migration and Remittances During the Global Financial Crisis and Beyond by Ibrahim Sirkeci,Jeffrey H. Cohen,Dilip Ratha Pdf

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.

Global Economic Prospects 2006

Author : Anonim
Publisher : World Bank Publications
Page : 182 pages
File Size : 42,5 Mb
Release : 2024-07-02
Category : Electronic
ISBN : 9780821363454

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Global Economic Prospects 2006 by Anonim Pdf

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.

Remittances

Author : Samuel Munzele Maimbo,Dilip Ratha
Publisher : World Bank Publications
Page : 402 pages
File Size : 44,9 Mb
Release : 2005
Category : Business & Economics
ISBN : 9780821357941

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Remittances by Samuel Munzele Maimbo,Dilip Ratha Pdf

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.

Remittances, Consumption and Investment in Ghana

Author : John Page
Publisher : World Bank Publications
Page : 50 pages
File Size : 49,8 Mb
Release : 2012
Category : Electronic
ISBN : 8210379456XXX

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Remittances, Consumption and Investment in Ghana by John Page Pdf

This paper uses a new, nationally-representative household survey from Ghana to analyze within a rigorous econometric framework how the receipt of internal remittances (from within Ghana) and international remittances (from African or other countries) affects the marginal spending behavior of households on a broad range of consumption and investment goods, including food, education and housing. Contrary to other studies, which find that remittances are spent disproportionately on consumption (food and consumer goods/durables) or investment goods (education and housing), the findings show that households receiving remittances in Ghana do not spend more at the margin on food, education and housing than households with similar income levels and characteristics that do not receive remittances. When the analysis controls for endogeneity and selection bias, the findings show that any differences in the marginal spending behavior between remittance-receiving and non-receiving households are explained completely by the observed and unobserved characteristics of households. Households in Ghana treat remittances just like any other source of income, and there are no changes in marginal spending patterns for households with the receipt of remittance income.

International Remittance Payments and the Global Economy

Author : Bharati Basu,James T. Bang
Publisher : Routledge
Page : 281 pages
File Size : 43,6 Mb
Release : 2014-08-07
Category : Business & Economics
ISBN : 9781317703754

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International Remittance Payments and the Global Economy by Bharati Basu,James T. Bang Pdf

International Remittance Payments are described mainly as money sent by immigrants to their families and friends in their home countries. These payments provide an important source of income that is mostly used to provide for a variety of basic needs of the non-migrating members of immigrant families and thus remittance payments can be considered as a tool to reduce the poverty level of the labor sending countries. However, remittances are also used for asset accumulation by some families and for some countries they constitute a good part of foreign funds coming into the country. In-spite of their increasing volume over the last few decades, a lot of things about remittances are not known and studies estimate that about half of these money transfers are not even recorded. Since these payments are shown to reduce poverty and help economic progress in the remittance receiving countries, a better knowledge about remittances would help the debates surrounding immigration, remittances and their relation to the global economy. This book provides an overview of remittances in different parts of the world over the last thirty years. It looks at the labor sending and labor receiving countries separately. The text examines the trends, uses, motivations behind sending remittances, cost of sending them and how they are affected by the nature and the development level of different institutional factors. The remittance flows are growing over time and they are used mostly for reducing the uncertainty of life in the less developed parts of the world. However, motivation for sending remittances could be improved and thus remittances could be more conducive to economic development if 1) the relation between the remittance decision and the migration decision is better understood and 2) the costs of international money transfers are reduced. More studies about those issues would benefit the international community. Efforts should be made in all fronts to encourage such international flow of funds not only to have a redistribution of income all over the world, but also to synchronize the efforts towards global economic development and a better integration of the world economy. This book is aimed researchers, policy practitioners and post graduates studying International Economics or International Economic Relations or Political Science or Economic Development.

Global Crisis, Remittances, and Poverty in Asia

Author : Asian Development Bank
Publisher : Asian Development Bank
Page : 270 pages
File Size : 47,6 Mb
Release : 2012-05-01
Category : Business & Economics
ISBN : 9789290926993

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Global Crisis, Remittances, and Poverty in Asia by Asian Development Bank Pdf

This publication presents a comprehensive discussion on the impact of the global financial crisis (2008–2009) on certain Asian economies at different levels of analysis---showcasing cross-country regression, computable general equilibrium modeling, and microeconometric modeling for Bangladesh, Indonesia, Pakistan, the Philippines, and Viet Nam. Using different measures of remittances, cross-country regression analyses suggest that a 10% increase in remittances leads to a 3%–4% rise in real gross domestic product per capita. At the same time, the analyses show that remittances exert a negative impact on aggregate poverty. Moreover, these money transfers from abroad exert important impacts on the macroeconomy that include improving external current accounts, alleviating debt burdens, appreciation of domestic currencies, and moderating inflation.

Banking the World

Author : Robert Cull,Asli Demirguc-Kunt,Jonathan Morduch
Publisher : MIT Press
Page : 519 pages
File Size : 54,7 Mb
Release : 2021-08-03
Category : Business & Economics
ISBN : 9780262544016

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Banking the World by Robert Cull,Asli Demirguc-Kunt,Jonathan Morduch Pdf

Experts report on the latest research on extending access to financial services to the 2.5 billion adults around the world who lack it. About 2.5 billion adults, just over half the world's adult population, lack bank accounts. If we are to realize the goal of extending banking and other financial services to this vast “unbanked” population, we need to consider not only such product innovations as microfinance and mobile banking but also issues of data accuracy, impact assessment, risk mitigation, technology adaptation, financial literacy, and local context. In Banking the World, experts take up these topics, reporting on new research that will guide both policy makers and scholars in a broader push to extend financial markets. The contributors consider such topics as the complexity of surveying people about their use of financial services; evidence of the impact of financial services on income; the occasional negative effects of financial services on poor households, including disincentives to work and overindebtedness; and tools for improving access such as nontraditional credit scores, financial incentives for banking, and identification technologies that can dramatically reduce loan default rates.

The Impact of Remittances on Economic Activity: The Importance of Sectoral Linkages

Author : Hector Perez-Saiz,Mr.Jemma Dridi,Tunc Gursoy,Mounir Bari
Publisher : International Monetary Fund
Page : 37 pages
File Size : 53,9 Mb
Release : 2019-08-16
Category : Business & Economics
ISBN : 9781498324489

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The Impact of Remittances on Economic Activity: The Importance of Sectoral Linkages by Hector Perez-Saiz,Mr.Jemma Dridi,Tunc Gursoy,Mounir Bari Pdf

We propose a simple macroeconomic model with input-output sectoral linkages based on Acemoglu et al. (2016) to quantify how changes in aggregate demand due to additional income from household’s remittances propagates through the network of input-output linkages in Sub-Saharan African countries. We first propose two network centrality measures to assess the role of some sectors as key input providers in the economy. Then, we use these measures to quantify the effect of sectoral linkages on sectoral and total output following an increase in remittances inflows. Our empirical results suggest that the effects of remittances on recipient economies increase with the degree of linkages across sectors, which is especially prominent in the case of the financial intermediation sector. Our paper contributes to the emerging macroeconomic literature on the propagation of shocks across sectors and the implications for the whole economy.

Handbook of the Economics of International Migration

Author : Barry Chiswick,Paul W. Miller
Publisher : Elsevier
Page : 890 pages
File Size : 49,9 Mb
Release : 2014-11-04
Category : Business & Economics
ISBN : 9780444537690

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Handbook of the Economics of International Migration by Barry Chiswick,Paul W. Miller Pdf

The economic literature on international migration interests policymakers as well as academics throughout the social sciences. These volumes, the first of a new subseries in the Handbooks in Economics, describe and analyze scholarship created since the inception of serious attention began in the late 1970s. This literature appears in the general economics journals, in various field journals in economics (especially, but not exclusively, those covering labor market and human resource issues), in interdisciplinary immigration journals, and in papers by economists published in journals associated with history, sociology, political science, demography, and linguistics, among others. Covers a range of topics from labor market outcomes and fiscal consequences to the effects of international migration on the level and distribution of income – and everything in between. Encompasses a wide range of topics related to migration and is multidisciplinary in some aspects, which is crucial on the topic of migration Appeals to a large community of scholars interested in this topic and for whom no overviews or summaries exist

Dynamics of Indian Migration

Author : S. Irudaya Rajan,Marie Percot
Publisher : Taylor & Francis
Page : 310 pages
File Size : 49,6 Mb
Release : 2020-11-29
Category : Business & Economics
ISBN : 9781000083705

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Dynamics of Indian Migration by S. Irudaya Rajan,Marie Percot Pdf

This volume is a multidisciplinary approach to the subject of Indian international emigration and comprises contributions by demographers, economists, sociologists, geographers, anthropologists and historians. The book highlights emerging issues such as the political economy of international migration, skilled and unskilled migration, body shopping, return migration, immigration policies in the Gulf and experiences of emigrants from the states of Kerala and Punjab. It focuses on the current dimensions like skilled migrants in the IT sector of Malaysia, the entrepreneurial ventures of Keralites in the UAE, household remittances, inequality and poverty in Kerala, the gender dimension of Indian migration (with focus on nurses and housemaids in the Gulf) and cross-border migratory movements connected to the European Union, with an overview of the migration of Sikhs and Tamils to France. Finally, it carries a discussion of the evolution of India’s public policies towards its diaspora.

The World Bank Research Program, 2005-2007

Author : Anonim
Publisher : World Bank Publications
Page : 286 pages
File Size : 40,5 Mb
Release : 2008
Category : Business & Economics
ISBN : 9780821374061

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The World Bank Research Program, 2005-2007 by Anonim Pdf

This pocket-sized reference on key environmental data for over 200 countries includes key indicators on agriculture, forestry, biodiversity, energy, emission and pollution, and water and sanitation. The volume helps establish a sound base of information to help set priorities and measure progress toward environmental sustainability goals.