Remittances

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Release : 2005
Genre : Business & Economics
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Book Rating : 948/5 ( reviews)

Remittances - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Remittances write by Samuel Munzele Maimbo. This book was released on 2005. Remittances available in PDF, EPUB and Kindle. 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 and International Development

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Release : 2020-07-30
Genre : Business & Economics
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Book Rating : 32X/5 ( reviews)

Remittances and International Development - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Remittances and International Development write by Sabith Khan. This book was released on 2020-07-30. Remittances and International Development available in PDF, EPUB and Kindle. This is a first of its kind book which examines the remittances in the two largest corridors in the World: India-Saudi Arabia and Mexico-U.S.A. This book aims to treat remittances as an act of social norm involving individuals, nation-states, and diaspora communities. It treats remittances both as an act of individual obligation as well as a social fact that needs to be understood from the perspective of the actors, i.e., the givers and recipients. Using theories of motives of giving, policy analysis, international development, and international relations, the authors offer a compelling narrative of how and why remittances occur and the impacts on both the giver and recipient. The authors - both scholars of philanthropy and remittances - bring their shared perspective and understanding of this crucial phenomenon and delve deep into examining its impacts on community development and the relations between the nation-states. This book offers a sophisticated understanding of how vital remittances are to the world we live in. The book sheds light on this important social reality and will be of value to researchers, academics, and students interested in remittances, as well as to practitioners working in the international development sector, NGO actors, and policy makers.

Remittances and Development

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Release : 2008-02-08
Genre : Business & Economics
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Book Rating : 710/5 ( reviews)

Remittances and Development - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Remittances and Development write by Pablo Fajnzylber. This book was released on 2008-02-08. Remittances and Development available in PDF, EPUB and Kindle. 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.

The Remittance Landscape

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Release : 2015-01-12
Genre : Social Science
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Book Rating : 95X/5 ( reviews)

The Remittance Landscape - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Remittance Landscape write by Sarah Lynn Lopez. This book was released on 2015-01-12. The Remittance Landscape available in PDF, EPUB and Kindle. Immigrants in the United States send more than $20 billion every year back to Mexico—one of the largest flows of such remittances in the world. With The Remittance Landscape, Sarah Lynn Lopez offers the first extended look at what is done with that money, and in particular how the building boom that it has generated has changed Mexican towns and villages. Lopez not only identifies a clear correspondence between the flow of remittances and the recent building boom in rural Mexico but also proposes that this construction boom itself motivates migration and changes social and cultural life for migrants and their families. At the same time, migrants are changing the landscapes of cities in the United States: for example, Chicago and Los Angeles are home to buildings explicitly created as headquarters for Mexican workers from several Mexican states such as Jalisco, Michoacán, and Zacatecas. Through careful ethnographic and architectural analysis, and fieldwork on both sides of the border, Lopez brings migrant hometowns to life and positions them within the larger debates about immigration.

International Remittance Payments and the Global Economy

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Release : 2014-08-07
Genre : Business & Economics
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Book Rating : 758/5 ( reviews)

International Remittance Payments and the Global Economy - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook International Remittance Payments and the Global Economy write by Bharati Basu. This book was released on 2014-08-07. International Remittance Payments and the Global Economy available in PDF, EPUB and Kindle. 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.