Outlook for Remittance Flows 2008-2010 : Growth Expected to Moderate Significantly, But Flows to Remain Resilient

Ratha, Dilip; Mohapatra, Sanket; Xu, Zhimei

Publication:
Outlook for Remittance Flows 2008-2010 : Growth Expected to Moderate Significantly, But Flows to Remain Resilient

dc.contributor.author	Ratha, Dilip
dc.contributor.author	Mohapatra, Sanket
dc.contributor.author	Xu, Zhimei
dc.date.accessioned	2012-08-13T13:51:55Z
dc.date.available	2012-08-13T13:51:55Z
dc.date.issued	2008-11
dc.description.abstract	The outlook for remittances for the rest of 2008 and 2009-10 remains as uncertain as the outlook for global growth, oil and non-oil commodity prices, and currency exchange rates. In the past, remittances have been noted to be stable or even counter-cyclical, during an economic downturn in the recipient economy, and resilient in the face of a slowdown in the source country. This time, however, the crisis has affected all countries, creating additional uncertainties.	en
dc.identifier	http://documents.worldbank.org/curated/en/2008/11/10075023/outlook-remittance-flows-2008-2010-growth-expected-moderate-significantly-flows-remain-resilient
dc.identifier.uri	http://hdl.handle.net/10986/11008
dc.language	English
dc.publisher	World Bank, Washington, DC
dc.relation.ispartofseries	Migration and Development Brief; No. 8
dc.rights	CC BY 3.0 IGO
dc.rights.holder	World Bank
dc.rights.uri	http://creativecommons.org/licenses/by/3.0/igo/
dc.subject	ACCOUNTING
dc.subject	AVERAGE VALUE OF REMITTANCES
dc.subject	BALANCE OF PAYMENTS
dc.subject	BALANCE OF PAYMENTS STATISTICS
dc.subject	BANKING SECTOR
dc.subject	BENEFICIARY
dc.subject	BUSINESS CYCLE
dc.subject	CAPITAL FLOWS
dc.subject	CENTRAL BANKS
dc.subject	COMMODITIES
dc.subject	COMMODITY
dc.subject	COMMODITY PRICES
dc.subject	COMPENSATION OF EMPLOYEES
dc.subject	CONSTANT EXCHANGE RATE
dc.subject	CONTRIBUTION OF REMITTANCES
dc.subject	CURRENCY EXCHANGE
dc.subject	CURRENCY VALUE
dc.subject	CURRENT ACCOUNT
dc.subject	CURRENT ACCOUNT BALANCE
dc.subject	DATA ON REMITTANCES
dc.subject	DECELERATION IN GROWTH
dc.subject	DEPRECIATION
dc.subject	DESTINATION COUNTRY
dc.subject	DEVELOPING COUNTRIES
dc.subject	DEVELOPMENT ASSISTANCE
dc.subject	DOLLAR EXCHANGE RATE
dc.subject	DOMESTIC INFLATION
dc.subject	ECONOMIC CRISIS
dc.subject	ECONOMIC DOWNTURN
dc.subject	ECONOMIC DOWNTURNS
dc.subject	ECONOMIC PERFORMANCE
dc.subject	ECONOMIC SLOWDOWN
dc.subject	EMPLOYERS
dc.subject	ENFORCEMENTS
dc.subject	EXCHANGE RATE
dc.subject	EXCHANGE RATES
dc.subject	EXPENDITURE
dc.subject	EXTERNAL POSITION
dc.subject	FAMILIES
dc.subject	FINANCIAL CRISIS
dc.subject	FINANCIAL OBLIGATIONS
dc.subject	FOREIGN EXCHANGE
dc.subject	FOREIGN EXCHANGE EARNINGS
dc.subject	FOREIGN INVESTMENT
dc.subject	FOREIGN INVESTMENT FLOWS
dc.subject	GLOBAL ECONOMIC PROSPECTS
dc.subject	GLOBAL LIQUIDITY
dc.subject	GROSS DOMESTIC PRODUCT
dc.subject	GROWTH OF REMITTANCES
dc.subject	GROWTH RATE
dc.subject	HOST COUNTRIES
dc.subject	HOST COUNTRY
dc.subject	HOUSEHOLD INCOME
dc.subject	INCOME
dc.subject	INCOME DIFFERENTIAL
dc.subject	INCOME SHOCKS
dc.subject	INCOMES
dc.subject	INFLATION
dc.subject	INFORMAL CHANNELS
dc.subject	INFRASTRUCTURE PROJECTS
dc.subject	INSURANCE
dc.subject	INTERNATIONAL MIGRANTS
dc.subject	INVESTMENT PURPOSES
dc.subject	LABOR MARKET
dc.subject	LIQUIDITY
dc.subject	LOCAL CURRENCIES
dc.subject	LOCAL CURRENCY
dc.subject	MARKET DEMANDS
dc.subject	MIGRANT TRANSFERS
dc.subject	MIGRANT WORKERS
dc.subject	MONEY HOME
dc.subject	MONEY TRANSFER
dc.subject	MONEY TRANSFER COMPANY
dc.subject	OIL PRICE
dc.subject	OIL PRICES
dc.subject	PRIVATE CAPITAL
dc.subject	PRIVATE CAPITAL FLOWS
dc.subject	PUBLIC EXPENDITURE
dc.subject	PURCHASING POWER
dc.subject	RATE OF GROWTH
dc.subject	RECESSION
dc.subject	RECIPIENT COUNTRIES
dc.subject	RECIPIENT HOUSEHOLDS
dc.subject	RECIPIENTS OF REMITTANCES
dc.subject	REMITTANCE
dc.subject	REMITTANCE COSTS
dc.subject	REMITTANCE DATA
dc.subject	REMITTANCE FLOWS
dc.subject	REMITTANCE INDUSTRY
dc.subject	REMITTANCE INFLOWS
dc.subject	REMITTANCE OUTFLOWS
dc.subject	REMITTANCE RECEIVING
dc.subject	REMITTANCES
dc.subject	REMITTANCES FOR INVESTMENT
dc.subject	REMITTANCES REMITTANCES
dc.subject	RESERVES
dc.subject	RETURN
dc.subject	RETURN MIGRATION
dc.subject	SAVINGS
dc.subject	SEND REMITTANCES
dc.subject	SLOWDOWN
dc.subject	SOCIAL SECURITY
dc.subject	STOCKS
dc.subject	TRANSACTION
dc.subject	UNCERTAINTIES
dc.subject	UNCERTAINTY
dc.subject	UNEMPLOYMENT
dc.subject	UNEMPLOYMENT INSURANCE
dc.subject	UNION
dc.title	Outlook for Remittance Flows 2008-2010 : Growth Expected to Moderate Significantly, But Flows to Remain Resilient	en
dspace.entity.type	Publication
okr.crosscuttingsolutionarea	Jobs
okr.doctype	Publications & Research :: Brief
okr.doctype	Publications & Research
okr.docurl	http://documents.worldbank.org/curated/en/2008/11/10075023/outlook-remittance-flows-2008-2010-growth-expected-moderate-significantly-flows-remain-resilient
okr.globalpractice	Macroeconomics and Fiscal Management
okr.globalpractice	Finance and Markets
okr.globalpractice	Finance and Markets
okr.globalpractice	Trade and Competitiveness
okr.identifier.externaldocumentum	000334955_20081204034714
okr.identifier.internaldocumentum	10075023
okr.identifier.report	46715
okr.language.supported	en
okr.pdfurl	http://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2008/12/04/000334955_20081204034714/Rendered/PDF/467150BRI0Box334101B01PUBLIC10MD1Brief8.pdf	en
okr.topic	Macroeconomics and Economic Growth :: Remittances
okr.topic	Finance and Financial Sector Development :: Currencies and Exchange Rates
okr.topic	Finance and Financial Sector Development :: Access to Finance
okr.topic	Private Sector Development :: Emerging Markets
okr.topic	Finance and Financial Sector Development :: Debt Markets
okr.unit	Development Prospects Group (DECPG)
okr.volume	1 of 1
relation.isAuthorOfPublication	979327ad-ac79-5a52-98ad-ee91fca9734d