Migration And Remittances In Latin America And The Caribbean

Author : Ms.Kimberly Beaton,Ms.Svetlana Cerovic,Misael Galdamez,Metodij Hadzi-Vaskov,Franz Loyola,Zsoka Koczan,Mr.Bogdan Lissovolik,Mr.Jan Kees Martijn,Ms.Yulia Ustyugova,Joyce Wong
Publisher : International Monetary Fund
Page : 81 pages
File Size : 42,6 Mb
Release : 2017-06-29
Category : Business & Economics
ISBN : 9781484303641

Get Book

Migration and Remittances in Latin America and the Caribbean by Ms.Kimberly Beaton,Ms.Svetlana Cerovic,Misael Galdamez,Metodij Hadzi-Vaskov,Franz Loyola,Zsoka Koczan,Mr.Bogdan Lissovolik,Mr.Jan Kees Martijn,Ms.Yulia Ustyugova,Joyce Wong Pdf

Outward migration has been an important phenomenon for countries in Latin American and the Caribbean (LAC), particularly those in Central America and the Caribbean. This paper examines recent trends in outward migration from and remittances to LAC, as well as their costs and benefits. For the home country, the negative impact from emigration on labor resources and productivity seems to outweigh growth gains from remittances, notably for the Caribbean. However, given emigration, remittance flows play key financing and stabilizing roles in Central America and the Caribbean. They facilitate private consumption smoothing, support financial sector stability and fiscal revenues, and help reduce poverty and inequality, without strong evidence for harmful competitiveness effects through shifts in the real exchange rate.

Author : Pablo Fajnzylber,J. Humberto Lopez
Publisher : World Bank Publications
Page : 408 pages
File Size : 40,9 Mb
Release : 2008-02-08
Category : Business & Economics
ISBN : 0821368710

Get Book

Remittances and Development by Pablo Fajnzylber,J. Humberto Lopez Pdf

Workers' remittances have become a major source of financing for developing countries and are especially important in Latin America and the Caribbean, which is at the top of the ranking of remittance receiving regions in the world. While there has been a recent surge in analytical work on the topic, this book is motivated by the large heterogeneity in migration and remittance patterns across countries and regions, and by the fact that existing evidence for Latin America and the Caribbean is restricted to only a few countries, such as Mexico and El Salvador. Because the nature of the phenomenon varies across countries, its development impact and policy implications are also likely to differ in ways that are still largely unknown. This book helps fill the gap by exploring, in the specific context of Latin America and Caribbean countries, some of the main questions faced by policymakers when trying to respond to increasing remittances flows. The book relies on cross-country panel data and household surveys for 11 Latin American countries to explore the development impact of remittance flows along several dimensions: growth, poverty, inequality, schooling, health, labor supply, financial development, and real exchange rates.

Author : Sergio Diaz-Briquets
Publisher : Routledge
Page : 180 pages
File Size : 48,6 Mb
Release : 2019-03-07
Category : Political Science
ISBN : 9780429715150

Get Book

Migration, Remittances, And Small Business Development by Sergio Diaz-Briquets Pdf

"The Immigration Reform and Control Act of 1986 (IRCA) was a manifestation of widespread public concern over the volume of undocumented immigration into the United States. The principal innovation of this legislation-the provision to impose penalties on employers who knowingly hire undocumented immigrants-was a response to this concern. This effort at restriction was tempered in IRCA by other provisions permitting the legalization of two types of undocumented immigrantsthose who had resided in the United States since January 1, 1982; and what were called special agricultural workers (SAWs), persons who had worked in perishable crop agriculture for at least 90 days during specified periods from 1983 to 1986. Approximately 3.1 million persons sought legalization (what is popularly referred to as amnesty) under these two provisions. The breakdown was roughly 1.8 million under the regular program and 1.3 million as SAWs. Mexicans made up 75 percent of the combined legalization requests."

Author : William F. Stinner,Klaus De Albuquerque,Roy S. Bryce-Laporte
Publisher : Unknown
Page : 406 pages
File Size : 43,8 Mb
Release : 1982
Category : Caribbean Area
ISBN : UTEXAS:059173028052901

Get Book

Return Migration and Remittances by William F. Stinner,Klaus De Albuquerque,Roy S. Bryce-Laporte Pdf

Includes statistics.

Author : J. Ernesto López Córdova
Publisher : BID-INTAL
Page : 54 pages
File Size : 44,8 Mb
Release : 2006
Category : Economic development
ISBN : 9789507382406

Get Book

International remittances and development : existing evidence, policies and recommendations (Occasional Paper ITD = Documento de Divulgación ITD ; n. 41) by J. Ernesto López Córdova Pdf

In this paper we survey the recent literature assessing the development impact of international migrant remittances. We begin by arguing that international migration should be fully incorporated in ongoing debates on the impact of globalization. We show that, despite methodological challenges, there is an emerging body of evidence suggesting that migrant remittances can have an important impact on development and household welfare. Remittances appear to help in poverty reduction, accumulation of human capital, investment and saving. Finally, we offer an account of existing policies and recommendations to facilitate remittance flows and to take advantage of their developmental potential.

Author : Donald F. Terry
Publisher : IDB
Page : 431 pages
File Size : 46,9 Mb
Release : 2005
Category : Banks and banking
ISBN : 9781931003865

Get Book

Beyond Small Change by Donald F. Terry Pdf

Examines the role of money transferred by migrant workers to their home country. Focuses on how the remittances meet the basic needs of family members there, whilst also generating opportunities for local communities and national economies. Considers the impacts in Latin America and the Caribbean, as well as in Europe, the Middle East and North Africa, and Asia.

Author : J. Ernesto López Córdova
Publisher : BID-INTAL
Page : 60 pages
File Size : 44,9 Mb
Release : 2006
Category : Economic development
ISBN : 9789507382413

Get Book

Globalization, migration and development : the role of Mexican migrant remittances (Working Paper ITD = Documento de Trabajo ITD ; n. 20) by J. Ernesto López Córdova Pdf

In this paper, we present evidence indicating that international migrant remittances lead to improved developmental outcomes. Using a cross-section of all Mexican municipalities (over 2400) in the year 2000, we show that an increase in the fraction of households receiving international remittances is correlated with better schooling and health indicators and with reductions in poverty, even after controlling for the likely endogeneity between remittances and developmental outcome variables. Our findings have important policy implications as they suggest that national governments and the international community should adopt measures that facilitate remittance flows.

Author : Kate Ambler
Publisher : Intl Food Policy Res Inst
Page : 16 pages
File Size : 51,5 Mb
Release : 2019-10-10
Category : Political Science
ISBN : 8210379456XXX

Get Book

Migration and remittances in Central America: New evidence and pathways for future research by Kate Ambler Pdf

Emigration from the countries of Central America has evolved since the 1960s from small numbers of largely intra-regional emigrants to substantial numbers of people, emigrating in large part to the United States. For example, in 1960, 69 percent of emigrants from El Salvador resided in Honduras and only 12 percent lived in the United States. By 2000, 88 percent of Salvadoran emigrants in the world lived in the United States.

Author : Anonim
Publisher : Unknown
Page : 0 pages
File Size : 40,9 Mb
Release : 1983
Category : Electronic
ISBN : 0913245585

Get Book

International Migration Within Latin America and the Caribbean: an Overview by Anonim Pdf

Report on the regional level migration of migrant workers within Latin America and the Caribbean - discusses demographic aspects, occupational structure and legal status of migrants, their impact on home countries and host countries, and relevant migration policy. Bibliography and statistical tables.

Author : Pablo Acosta,Pablo Fajnzylber,J. Humberto Lopez
Publisher : World Bank Publications
Page : 36 pages
File Size : 40,6 Mb
Release : 2007
Category : Debt Markets
ISBN : 8210379456XXX

Get Book

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.

Author : Bimal Ghosh,International Organization for Migration
Publisher : International Organization for Migration (IOM)
Page : 132 pages
File Size : 42,5 Mb
Release : 2006
Category : Business & Economics
ISBN : STANFORD:36105122277713

Get Book

Migrants' Remittances and Development by Bimal Ghosh,International Organization for Migration Pdf

Highlights the ways in which the development potential of remittances could be most effiectively used, while avoiding the possible risks. In doing so, it seeks to help promote a more balanced approach to the issue of remittances and development, which, as indicated above, is now high on the global economic agenda.

Author : Sergio Díaz-Briquets
Publisher : Unknown
Page : 126 pages
File Size : 44,5 Mb
Release : 1980
Category : Electronic
ISBN : OCLC:760543451

Get Book

International Migration Within Latin America and the Caribbean by Sergio Díaz-Briquets Pdf

Author : Anonim
Publisher : World Bank Publications
Page : 36 pages
File Size : 50,6 Mb
Release : 2007
Category : Debt Markets
ISBN : 8210379456XXX

Get Book

What is the Impact of International Remittances on Poverty and Inequality in Latin America? by Anonim Pdf

Workers' remittances have become a major source of income for developing countries. However, little is still known about their impact on poverty and inequality. Using a large cross-country panel dataset, the authors find that remittances in Latin American and Caribbean (LAC) countries have increased growth and reduced inequality and poverty. These results are robust to the use of different instruments that attempt to correct for the potential endogeneity of remittances. Household survey-based estimates for 10 LAC countries confirm that remittances have negative albeit relatively small inequality and poverty-reducing effects, even after imputations for the potential home earnings of migrants.

Author : Gordon H. Hanson
Publisher : BID-INTAL
Page : 48 pages
File Size : 51,6 Mb
Release : 2007
Category : Electronic
ISBN : 9789507382598

Get Book

Emigration, remittances and labor force participation in Mexico (Working Paper ITD = Documento de Trabajo ITD; 28) by Gordon H. Hanson Pdf

Author : Emiko Todoroki,Matteo Vaccani,Wameek Noor
Publisher : World Bank Publications
Page : 197 pages
File Size : 44,6 Mb
Release : 2009-04-30
Category : Business & Economics
ISBN : 9780821379196

Get Book

The Canada-Caribbean Remittance Corridor by Emiko Todoroki,Matteo Vaccani,Wameek Noor Pdf

Several economies in the Caribbean region, especially from the lower-income group, are highly dependent on remittances. Between 1991 and 2006, the combined flows of total remittances reaching the Caribbean have averaged almost 17 percent annual growth, surpassing US$6 billion in 2005 and overtaking the region’s total ODA and FDI inflows. In addition, remittances represent more than 20 percent of the domestic gross domestic product (GDP) in some Caribbean countries and have played a significant role in lessening both balance of payment deficits and the impact of natural disasters to which the region is particularly vulnerable. This study undertakes an analysis of the various dynamics underlying the Canada-Caribbean remittance corridor, including Caribbean migration issues and diaspora dynamics, remittance market landscapes, and regulatory frameworks. The study is intended to assist Canadian and Caribbean national authorities to sustain the continued growth and competitiveness of their remittance industries, while protecting them abuse by criminals. The study particularly emphasizes continued policy improvements in each country’s regulatory framework to improve financial sector development and to enhance poverty reduction.