Migration and Remittances for Development Asia

Migration and Remittances for Development Asia
Author: Asian Development Bank
Publisher: Asian Development Bank
Total Pages: 199
Release: 2018-05-01
Genre: Law
ISBN: 9292611291

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Asia and the Pacific has a significant rise in migration: about one in three migrants comes from Asia according to the United Nations. Currently, over 80 million people from Asia and the Pacific live and work outside of their countries of origin. Migration and remittances have both positive and negative effects. For the countries, remittances became an important source of foreign exchange. At the household level, remittances enable families to spend more on education and health. However, migration also has a negative social impact, including the exploitation and abuse of workers. This report explores ways to enhance the welfare of migrant workers as well as ways to improve the productive investments of remittances to support the countries' growth and development.

Migration and Remittances for Development in Asia

Migration and Remittances for Development in Asia
Author: Asian Development Bank
Publisher:
Total Pages: 104
Release: 2018-05
Genre: Business & Economics
ISBN: 9789292611286

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Asia and the Pacific has a significant rise in migration: about one in three migrants comes from Asia according to the United Nations. Remittances from migrants have provided foreign exchange earnings for many countries in the region. Currently, over 80 million people from Asia and the Pacific live and work outside of their countries of origin. Migration and remittances have both positive and negative effects. For the countries, remittances became an important source of foreign exchange. At the household level, remittances enable families to spend more on education and health. However, migration also has a negative social impact, including the exploitation and abuse of workers. This report explores ways to enhance the welfare of migrant workers as well as ways to improve the productive investments of remittances to support the countries' growth and development.

International Migration and Development in East Asia and the Pacific

International Migration and Development in East Asia and the Pacific
Author: Ahmad Ahsan
Publisher: World Bank Publications
Total Pages: 247
Release: 2014-10-15
Genre: Business & Economics
ISBN: 0821399578

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The East Asia and Pacific (EAP) region has an international emigrant population of more than 21 million people who remitted US$112 billion to their home countries in 2013. The region also hosts more than 7 million migrant workers, mostly from other Asian countries. These migrant workers account for 20 percent or more of the labor force in economies such as Malaysia and Singapore and thus play a significant role in the economies of the labor-receiving countries. An aging population in many East Asian countries will create significant labor shortages, leading to greater demand for migrant workers. For these reasons, international labor mobility is emerging as an important development issue in East Asia, with important implications for reducing poverty and supporting sustainable economic development in the region. In this context, International Migration and Development in East Asia and the Pacific analyzes the impact of migration on development of the EAP region and examines how international migration should be managed in East Asia in a way that supports development goals while simultaneously protecting the rights of migrants. The study covers trends in international migration in East Asia and overarching regional issues such as the links between macroeconomic management and remittances and the role of demographic trends in migration; the economic impact of migration and remittances on labor-sending countries and labor-receiving countries; the migration industry; and the policies and institutions that govern migration. This report shows that in labor-sending countries remittances help reduce poverty significantly by increasing income for migrants’ families. At the country level, remittances have a significant role in helping finance trade deficits and in bolstering reserves, not only in the small Pacific Island economies but also in large economies such as Vietnam and the Philippines. For labor-receiving countries, such as Malaysia, Singapore, and Hong Kong SAR, China, migrant workers form a significant part of the workforce, especially in labor-intensive manufacturing, construction, plantation agriculture, fishing, and household services. Migrant workers thus help relieve labor shortages, boost output, and maintain competitiveness. The role of migrant workers will become more important in the future given the rapid population aging in many labor-receiving East Asian countries. Given these factors, the key question concerning international migration in East Asia and the Pacific is not whether it is desirable but how it should be managed in the future. International Migration and Development in East Asia and the Pacific discusses a range of policy options in both labor-sending and labor-receiving countries to address this question.

Migration and Remittances Factbook 2016

Migration and Remittances Factbook 2016
Author: Dilip Ratha
Publisher: World Bank Publications
Total Pages: 299
Release: 2016-04-08
Genre: Business & Economics
ISBN: 146480320X

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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.

Migrant Remittances and Development in the Global Economy

Migrant Remittances and Development in the Global Economy
Author: Manuel Orozco
Publisher: Lynne Rienner Pub
Total Pages: 249
Release: 2013
Genre: Political Science
ISBN: 9781588268716

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Manuel Orozco moves beyond the numbers to provide a uniquely comprehensive, historically informed overview and analysis of the complex role of migrant remittances in the global economy. How do patterns of migration and remittances differ across regions? What kinds of regulatory and institutional frameworks best support the contributions of remittances to local development? What has been the impact of remittances on migrants and their families? Drawing on empirical data from five continents and firmly grounded in theory, Orozco¿s work reflects the evolution of our understanding about the importance of migrant remittances and the policies that govern them.

Case Study on South-South Cooperation: PRC-ADB Knowledge-Sharing Platform

Case Study on South-South Cooperation: PRC-ADB Knowledge-Sharing Platform
Author: Asian Development Bank
Publisher: Asian Development Bank
Total Pages: 272
Release: 2012-08-01
Genre: Business & Economics
ISBN: 9290928336

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This publication showcases the beginnings of the People‘s Republic of China–Asian Development Bank knowledge sharing platform, its context, activities, challenges, and lessons learned. It concludes by mapping out the next steps to bring it to its strategic mission.

Transnational Labour Migration, Remittances and the Changing Family in Asia

Transnational Labour Migration, Remittances and the Changing Family in Asia
Author: L. Hoang
Publisher: Springer
Total Pages: 348
Release: 2015-05-13
Genre: Business & Economics
ISBN: 1137506865

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The contributors investigate the inter-relationships between migrant remittances and the family in Asia. They argue that, in the context of Asian transnational labour migration where remittances tend to become a primary currency of care, the making or breaking of the family unit is mainly contingent on how individuals handle remittance processes.

South Asian Migration

South Asian Migration
Author: Zaara Zain Hussain
Publisher: Cambridge Scholars Publishing
Total Pages: 280
Release: 2015-09-04
Genre: Social Science
ISBN: 1443881813

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International migration is a dynamic global phenomenon that has been drawing increasing attention from both scholars and policymakers over the last few decades. It is particularly relevant to South Asia, since the region is a vast source of “sojourner” migrant labour, as well as home to permanent immigrant and diaspora communities. The chapters brought together in this volume provide insights into the study of international migration, diaspora engagement and remittances in South Asia. In particular, they analyse the implications of this phenomenon in relation to development and shed light on migration- and diaspora-led development in two sections: firstly, “Remittance-Induced Development” and secondly “Diaspora-Induced Development.” The geographic focus of the volume is the global South Asian emigrant population who live outside the region. This volume demonstrates that international migration, remittances and development offer an exciting field of academic study, as well as a vibrant area of policy study. Its multi-disciplinary dimensions enlarge its scope and applicability across several domains. As such, this volume offers an important contribution to the growing field of international migration in both the academic and policy spheres.

The Development Dimension Migration, Remittances and Development

The Development Dimension Migration, Remittances and Development
Author: OECD
Publisher: OECD Publishing
Total Pages: 351
Release: 2005-11-15
Genre:
ISBN: 926401389X

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