Impact of Migration on Economic and Social Development A Review of Evidence and Emerging Issues
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Citations
Economic links between education and migration: An overview
International migration-development nexus : the case of the occupied Palestinian territory (OPT)
Migration of International Medical Graduates: Implications for the Brain-Drain
Assessing the Association between Trust and Concentration Area of Migrant Ethnic Minority in Sydney
Modelling of the Impact of Emigrants' Qualification Structure on the National Economic Growth: the Case of Lithuania
References
Do international migration and remittances reduce poverty in developing countries
Social remittances: migration driven local-level forms of cultural diffusion.
Beyond Smoke and Mirrors: Mexican Immigration in an Era of Economic Integration
Assimilation and Transnationalism: Determinants of Transnational Political Action among Contemporary Migrants1
Workers' Remitt ances: An Important and Stable Source of External Development Finance
Related Papers (5)
Frequently Asked Questions (15)
Q2. What are some of the ingredients along the way towards a migration policy that benefits both countries?
22fear-based xenophobia and overregulation are some ingredients along the way towards a migration policy that benefits both migrant-sending and receiving countries.
Q3. What can be done to improve migration for development?
The development community can further leverage remittance flows fordevelopment by making them cheaper, safer and more productive for both the sending and the receiving countries.
Q4. Why do migrants end up in the cities of developing countries?
Most internalas well as international migrants end up in the cities of developing countries because of employment opportunities, with many working in the informal sector of business, transport, crafts and services.
Q5. Why are remittances a good source of foreign currency?
Because they are a large and stable source of foreign currency, remittances are likely to curtail investor panic and prevent sudden current account reversals during a crisis (Bugamelli & Paterno 2006, Gupta et al. 2007).
Q6. What are the advantages of diaspora bonds?
For the countries, diaspora bonds represent a stable and cheap source of external finance, especially in times of financial stress.
Q7. Why do remittances tend to rise in times of economic downturns,?
remittances have tended to rise in times of economic downturns, financial crises, and natural disasters because migrants living abroad send more money to help their families back home (World Bank 2006b, Yang 2006, Yang and Choi 2007, Mohapatra et al. 2010).
Q8. What is the role of remittances in the development of countries?
future flows of remittances can be used as collateral by governments and private sector entities in developing countries to raise financing in international capital market (Ketkar and Ratha 2005, 2009).
Q9. How many countries have raised over $35 billion of development financing by issuing diaspora bonds?
In the past, Israel and India have raised over $35 billion of development financing by issuing diaspora bonds (Ketkar and Ratha 2009).
Q10. What is the effect of remittances on economic growth?
In general, studies focusing on the labor supply response of the remittance-recipient households tend to find that remittances lower work efforts and hence reduce long-term growth (Azam & Gubert 2006; Chami et al. 2003).
Q11. What is the effect of migration on wages?
Simulations from a general equilibrium model by van der Mansbrugghe and Roland-Holst (2009) suggest that reducing migration will not necessarily result in higher wages for native workers in receiving countries, since lower levels of migration will also lower the relative return to capital, which in turn will put downward pressure on wages.
Q12. How much did the official estimates of the migration impact on the origin country in 2009?
According to the official estimates, migrants from developing countries sent over $315 billion to their origin countries in 2009, three times the size of official development assistance (Ratha et al. 2010).
Q13. What is the main reason for the abuse of migrants?
The abuse of migrants by the middle men or the recruitment agencies is a problem that is growing in magnitude as the migration flows increase and the phenomenon becomes more commercialized.
Q14. What is the risk of institutional degradation in a migrant country?
The risk of institutional degradation may not, however, be as large for remittances-receiving countriescompared to similar effects in resource rich countries, since remittances are widely dispersed, the bulk of them are allocated in small amounts, and where the money does not go through the government, also the risk of corruption is diminished (World Bank 2006, Birdsall and Subramanian 2004).
Q15. What has led to the expulsion of migrants?
This inability to control migration and to integrate the newcomers has at times led to dramatic actions and great human suffering.