Impact of the Global Financial Crisis on Migration and Remittances

Mohapatra, Sanket; Ratha, Dilip

Publication:
Impact of the Global Financial Crisis on Migration and Remittances

dc.contributor.author	Mohapatra, Sanket
dc.contributor.author	Ratha, Dilip
dc.date.accessioned	2012-08-13T10:44:24Z
dc.date.available	2012-08-13T10:44:24Z
dc.date.issued	2010-02
dc.description.abstract	Remittances to developing countries are estimated to have declined by 6.1 percent in 2009 as a result of weak job markets in major destination countries. Although new migration has fallen, it is still positive. The stock of international migrants, therefore, has continued to grow and remittances have remained resilient. Going forward, remittance flows to Latin America are expected to recover, whereas those to East Asia and South Asia are likely to slow. Policy responses should involve efforts to facilitate migration and remittances to make these flows cheaper, safer, and more productive for both the sending and the receiving countries.	en
dc.identifier	http://documents.worldbank.org/curated/en/2010/02/11900288/impact-global-financial-crisis-migration-remittances
dc.identifier.uri	http://hdl.handle.net/10986/10210
dc.language	English
dc.publisher	World Bank, Washington, DC
dc.relation.ispartofseries	Economic Premise; No. 2
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	ACCESSION COUNTRIES
dc.subject	ARBITRATION
dc.subject	ASSETS
dc.subject	BANK DEPOSITS
dc.subject	BANKING NETWORKS
dc.subject	BENEFICIARIES
dc.subject	BONDS
dc.subject	BORDER TRANSFERS
dc.subject	CAPITAL ADEQUACY
dc.subject	CAPITAL FLOWS
dc.subject	CAPITAL MARKET
dc.subject	CENTRAL BANKS
dc.subject	COMPENSATION OF EMPLOYEES
dc.subject	CONSUMER LOANS
dc.subject	COUNTRIES OF ORIGIN
dc.subject	CREDIT HISTORY
dc.subject	CREDIT MARKETS
dc.subject	CREDIT RATING
dc.subject	DEPOSIT
dc.subject	DEPOSITS
dc.subject	DEPRECIATION
dc.subject	DEPRESSION
dc.subject	DEVELOPING COUNTRIES
dc.subject	DEVELOPMENT ASSISTANCE
dc.subject	DEVELOPMENT FINANCE
dc.subject	DIASPORA
dc.subject	ECONOMIC CRISES
dc.subject	ECONOMIC CRISIS
dc.subject	ECONOMIC DOWNTURN
dc.subject	ECONOMIC DOWNTURNS
dc.subject	ECONOMIC GROWTH
dc.subject	ECONOMIC POLICY
dc.subject	EMERGING MARKET
dc.subject	EMERGING MARKETS
dc.subject	EMPLOYERS
dc.subject	EQUITY FLOWS
dc.subject	EXCHANGE CONTROLS
dc.subject	EXCHANGE RATE
dc.subject	EXCHANGE RATE MOVEMENT
dc.subject	EXCHANGE RATE MOVEMENTS
dc.subject	EXPENDITURE
dc.subject	EXPENDITURES
dc.subject	EXTERNAL FINANCE
dc.subject	EXTERNAL FINANCING
dc.subject	FAMILIES
dc.subject	FINANCIAL ACCESS
dc.subject	FINANCIAL CRISES
dc.subject	FINANCIAL CRISIS
dc.subject	FINANCIAL INTERMEDIARIES
dc.subject	FINANCIAL RESOURCES
dc.subject	FINANCIAL TRANSACTION
dc.subject	FOREIGN DIRECT INVESTMENT
dc.subject	FOREIGN EXCHANGE
dc.subject	FOREIGN INVESTORS
dc.subject	GLOBAL DEVELOPMENT FINANCE
dc.subject	GLOBAL ECONOMY
dc.subject	GROWTH RATE
dc.subject	HIGH-INCOME COUNTRIES
dc.subject	HOME BUYERS
dc.subject	HOME COUNTRIES
dc.subject	HOST COUNTRIES
dc.subject	HOST COUNTRY
dc.subject	HOUSEHOLDS
dc.subject	INCOME
dc.subject	INCOME SHOCKS
dc.subject	INCOMES
dc.subject	INFORMAL CHANNELS
dc.subject	INFRASTRUCTURE DEVELOPMENT
dc.subject	INFRASTRUCTURE PROJECTS
dc.subject	INSURANCE
dc.subject	INSURANCE PRODUCTS
dc.subject	INTEREST RATE
dc.subject	INTEREST RATE DIFFERENTIALS
dc.subject	INTEREST RATES
dc.subject	INTERMEDIARY BANKS
dc.subject	INTERNATIONAL CREDIT
dc.subject	INTERNATIONAL DEVELOPMENT
dc.subject	INTERNATIONAL LABOUR ORGANIZATION
dc.subject	INTERNATIONAL MIGRANTS
dc.subject	INTERNATIONAL MIGRATION
dc.subject	INTERNATIONAL REMITTANCES
dc.subject	INVESTMENT PURPOSES
dc.subject	INVESTMENT · POLICY
dc.subject	LABOR MARKET
dc.subject	LEVERAGE
dc.subject	LOAN
dc.subject	LOAN PRODUCTS
dc.subject	LOCAL CURRENCY
dc.subject	LOW-INCOME COUNTRIES
dc.subject	MACROECONOMIC LEVEL
dc.subject	MARKET ACCESS
dc.subject	MFI
dc.subject	MICROFINANCE
dc.subject	MICROFINANCE INSTITUTION
dc.subject	MIDDLE-INCOME COUNTRIES
dc.subject	MIGRANT TRANSFERS
dc.subject	MIGRANT WORKERS
dc.subject	MIGRATION POLICY
dc.subject	MOBILE PHONE
dc.subject	MONETARY FUND
dc.subject	MONEY TRANSFER
dc.subject	MONEY-TRANSFER COMPANIES
dc.subject	MORTGAGES
dc.subject	NATIONAL INCOME
dc.subject	NATURAL DISASTERS
dc.subject	OIL PRICES
dc.subject	OUTPUT
dc.subject	PAYMENT SYSTEMS
dc.subject	PHONE NETWORKS
dc.subject	POLICY RESPONSES
dc.subject	POSTAL NETWORKS
dc.subject	POVERTY REDUCTION
dc.subject	PRIVATE BANKS
dc.subject	PRIVATE CAPITAL
dc.subject	PRIVATE CAPITAL FLOWS
dc.subject	PRIVATE CAPITAL INFLOWS
dc.subject	PRIVATE DEBT
dc.subject	PROTECTIONIST MEASURES
dc.subject	PUBLIC EXPENDITURE
dc.subject	QUOTAS
dc.subject	RECESSION
dc.subject	REMITTANCE
dc.subject	REMITTANCE COSTS
dc.subject	REMITTANCE FLOWS
dc.subject	REMITTANCE INFLOWS
dc.subject	REMITTANCE INFLOWS AS COLLATERAL
dc.subject	REMITTANCE MARKET
dc.subject	REMITTANCE PROVIDERS
dc.subject	REMITTANCE SERVICE
dc.subject	REMITTANCE SERVICE PROVIDERS
dc.subject	REMITTANCE SERVICES
dc.subject	REMITTANCES
dc.subject	REMITTANCES FOR INVESTMENT
dc.subject	RETURN
dc.subject	RETURN MIGRATION
dc.subject	SAVINGS
dc.subject	SEND REMITTANCES
dc.subject	SETTLEMENT
dc.subject	SKILLED MIGRANTS
dc.subject	SKILLED WORKERS
dc.subject	SLOWDOWN
dc.subject	SMALL BUSINESSES
dc.subject	SOCIAL SECURITY
dc.subject	STOCKS
dc.subject	TERRORISM
dc.subject	TRANSACTION
dc.subject	TRANSPARENCY
dc.subject	UNEMPLOYMENT
dc.subject	UNEMPLOYMENT INSURANCE
dc.subject	UNEMPLOYMENT RATES
dc.subject	VALUATION
dc.title	Impact of the Global Financial Crisis on Migration and Remittances	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/2010/02/11900288/impact-global-financial-crisis-migration-remittances
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_20100305023544
okr.identifier.internaldocumentum	11900288
okr.identifier.report	53312
okr.language.supported	en
okr.pdfurl	http://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2010/03/05/000334955_20100305023544/Rendered/PDF/533120BRI0Econ10Box345607B01PUBLIC1.pdf	en
okr.topic	Finance and Financial Sector Development :: Debt Markets
okr.topic	Finance and Financial Sector Development :: Currencies and Exchange Rates
okr.topic	Private Sector Development :: Emerging Markets
okr.topic	Macroeconomics and Economic Growth :: Remittances
okr.topic	Finance and Financial Sector Development :: Access to Finance
okr.unit	Office of VP & Head of Network (PRMVP)
okr.volume	1 of 1
relation.isAuthorOfPublication	979327ad-ac79-5a52-98ad-ee91fca9734d