Migration, remittances and development by Organisation for Economic Co-operation and Development

By Organisation for Economic Co-operation and Development

This e-book provides the present scenario in regards to the significance and financial impression of migrants remittances to their international locations of foundation. In 2004, remittances surpassed respectable improvement reduction in different emigration nations: they totalled USD 126 billion in keeping with IMF estimates. The ebook surveys the channels used to gather those money; the position of banking platforms and different monetary institutions; Read more...

content material: advent: foreign Migrant Remittances and their position in improvement / Thomas Straubhaar and Florin P. Vădean --
pt. 1. monetary flows generated via emigration and their effect on nearby improvement --
1. Migrant Remittances and their impression on improvement in the house Economies : The Case of Africa / Flore Gubert --
2. The Remittances of Moroccan Emigrants and their utilization / Bachir Hamdouch --
three. Mexico : overseas Migration, Remittances and improvement / Rodolfo Garcia Zamora --
four. Migration, Remittances and their influence on fiscal improvement in Turkey / Ahmet Içduygu --
five. Migration guidelines, Remittances and financial improvement within the Philippines / Carmelita Dimzon --
pt. 2. Remittances and monetary infrastructure : demanding situations and clients --
6. imperative Channels and prices of Remittances: The Case of Turkey / Elif Köksal and Thomas Liebig --
7. Western Union and the realm marketplace for Remittances / Khalid Fellahi and Susana de Lima --
eight. The MoneySend and credit card providers / Olivier Denis --
Annex to half II. monetary Infrastructures and Remittance through the Banking procedure and different Channels: The circumstances of Portugal, Morocco, Latin the USA and the Caribbean / José Nascimento Ribeiro ... [et al.] --
pt. three. Macroeconomic impression of remittances --
nine. what's the Macroeconomic effect of overseas Remittances at the domestic kingdom? / Jackline Wahba --
10. Macroeconomic influence of Remittances / Sena Eken --
eleven. Emigrants' Remittances--
A possibly vital improvement instrument : The Case of Italy / Ricardo Settimo --
12. Remittances and improvement: The Case of Greece / Nicholas Glytsos --
thirteen. Do overseas Migration and Remittances decrease Poverty in constructing international locations? / Richard Adams and John web page --
pt. four. contemporary tasks to channel remittances in the direction of improvement --
14. Social studying as a effective venture : The Tres por Uno (Three for One) adventure at Zacatecas, Mexico / Natasha Iskander --
15. Migration, Remittances and financial tasks in Sub-Saharan Africa / Babacar Sall --
sixteen. "Migration and improvement" : A Non-governmental enterprise thinking about Co-development / Nadia Bentaleb and Jamal Lahoussein --
pt. five. Remittances and promoting of improvement : a few proposals --
17. Incorporating Insights from Migration learn into coverage on Remittances / Jorgen Carling --
18. Turning Remittances into Investments / Daniela Bobeva --
19. Motivating Migrants for Social and fiscal improvement in Mali and Senegal / Mireille Raunet --
20. The help of Non-governmental businesses within the choice of Remittances / Jacques Ould Aoudia --
21. a few classes from the Agence Française de Développement within the box of Co-development / Guillaume Cruse --
Conclusions / Berglind Asgeirsdottir.
summary: This book offers the present state of affairs in regards to the importance and monetary impression of migrants remittances to their nations of beginning. In 2004, remittances passed reputable improvement relief in different emigration nations: they totalled USD 126 billion based on IMF estimates. The publication surveys the channels used to gather those money; the position of banking structures and different monetary associations; the advent of recent applied sciences and their effect on fund assortment; how the money are transferred; and the way to minimize the prices. concentration is additionally put on the various ways that migrants themselves take part -- including non-governmental companies, host international locations and sending nations -- to open up new avenues for rules on improvement reduction and co-development. The direct position that migrants can play on the neighborhood point is highlighted. numerous international locations and areas are illustrated: Southern ecu international locations, Mexico, Turkey, North African and sub-Saharan African nations, the Philippines and a few Latin American countries.--Publisher precis

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Example text

1993; Hatton and Williamson, 1998), is contemporary migration fostering economic development in the home countries? The purpose of this chapter, confined to Africa, is to provide some answers to that question by looking at the contribution of migrant remittances to the development of the home economy. A key aspect of the migration issue, migrant transfers are for many countries a considerable source of external funding. They have accordingly been the focus of growing attention in recent years on the part of governmental and intergovernmental institutions and of civil society.

But for Malian and Senegalese immigrants, the best way of sending money home is still through an intermediary. Source: Blion et Verrière (1998) Household surveys can be another source of data with which to refine remittance statistics. Using an original survey carried out in the Kayes area, Mali, Gubert (2002) manages to estimate for example, the proportion of migrants sending remittances, and the average amount remitted per migrant, based on details given by their relatives back in the home country.

Assuming that the insurance mechanism is such that migrants send remittances home whenever their families are no longer sure of having access to enough food, and that the effort put in by families cannot be observed by the migrants, the authors show that families have an incentive to cheat by putting in less effort and relying on migrants for their livelihood. This moral hazard hypothesis is also found in Chami et al. (2003), but has been tested on a sample group of 113 countries over the period 1970-1998.

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