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This brief aims to provide an update on key developments in the area of migration and remittance flows and related policies over the past six months. It also provides medium-term (three year) projections of remittance flows to developing countries.
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.
International migration, the movement of people across international boundaries to improve economic opportunity, has enormous implications for growth and welfare in both origin and destination countries. An important benefit to developing countries is the receipt of remittances or transfers from income earned by overseas emigrants. Official data show that development countries' remittance receipts totaled 160 billion in 2004, more than twice the size of official aid. This year's edition of Global Economic Prospects focuses on remittances and migration. The bulk of the book covers remittances.
Migration presents a stark policy dilemma. Research repeatedly confirms that migrants, their families back home, and the countries that welcome them experience large economic and social gains. Easing immigration restrictions is one of the most effective tools for ending poverty and sharing prosperity across the globe. Yet, we see widespread opposition in destination countries, where migrants are depicted as the primary cause of many of their economic problems, from high unemployment to declining social services. Moving for Prosperity: Global Migration and Labor Markets addresses this dilemma. In addition to providing comprehensive data and empirical analysis of migration patterns and their impact, the report argues for a series of policies that work with, rather than against, labor market forces. Policy makers should aim to ease short-run dislocations and adjustment costs so that the substantial long-term benefits are shared more evenly. Only then can we avoid draconian migration restrictions that will hurt everybody. Moving for Prosperity aims to inform and stimulate policy debate, facilitate further research, and identify prominent knowledge gaps. It demonstrates why existing income gaps, demographic differences, and rapidly declining transportation costs mean that global mobility will continue to be a key feature of our lives for generations to come. Its audience includes anyone interested in one of the most controversial policy debates of our time.
The focus and concern of Agrarian Change, Migration and Development is the problem of labour migraton. Veltmeyer and Wise explore the dynamics and development implications of the migration processes set in motion by the capitalist mode of production. The dynamics of these processes are both international -- in regard to the international or cross-border flows of labour migrants -- and internal to countries that have undergone, or are undergoing, a process of agrarian change and social transformation.Veltmeyer and Wise examine what they call the "migration-development nexus" from both a political economy and a sociological perspective, highlighting current trends, the global scale and the human dimension of the labour migration process, with particular reference to the increasing south-north flows of migrants who are forced to abandon their communities and ways of life by the globalizing forces of capitalist development.While it may appear that these migrants are free to choose to abandon their communities, and in many cases their families, in the search for greater economic opportunities and a better way of life, the authors show with devastating logic that the decisions made by so many migrants are rooted in the workings of the world capitalist system, which converts them into a pool of surplus labour to be pulled into and out of the system as required by capitalists in their endless search for private profit.
Globally, the volume of remittances to developing countries exceeds the development aid budgets. This volume explores the contribution of remittances to Africaâ (TM)s finances and provides concrete guidelines as to how these may be expanded. It contains essays by the field leaders in this area which record, review and revise our knowledge base on Africaâ (TM)s remittance patterns. The advent of new information communication technologies can contribute to an expanded capture of remittances from the African diaspora and in Africa new forms of money transfer are already taking shape which reflect this affordance. The volume also examines other resources, such as skills, that the African diaspora remits in its patterns of contact with Africa. The volume, shaped out of a conference on remittances and the African diaspora held at the Institute for African Development at Cornell University, is a timely reminder of the substantial role to be played in Africaâ (TM)s development by Africans themselves.
Drawing on the findings from responses to a survey conducted in 2008 09 from 114 central banks worldwide (of which 33 are in Africa), this paper aims to better understand how central banks and other national institutions regulate and collect data and other information on cross-border remittance flows. Findings indicate that, although the vast majority of countries, in both sending and receiving countries, collect data on remittances, and 43 percent of receiving countries estimate informal remittances, there is a need for more frequent and better coordinated data collection, both across national institutions and among different divisions within the same national institution, as well as between countries. Survey results also indicate that many new market entrants transfer activities are unregulated. Countries must take into account new channels and technologies, such as mobile phone service providers, in monitoring remittance flows. It will be important for national regulatory authorities to work closely with mobile telecoms network operators to strike the right regulatory balance, to better understand these new channels associated risks and fully tap their potential for fostering inexpensive, efficient remittance transfer services. The high cost of transfers was cited in the survey as the top factor inhibiting migrants from using formal channels. Many countries, particularly in Africa, have made progress in rendering exclusivity contracts illegal, which helps increase competitiveness and reduce transfer costs. But further policy reforms and initiatives are needed to address the high costs of remittances. The joint African Development Bank-World Bank Africa Migration Project and G-8 Global Remittances Working Group provided partial funding support for this study.
This book comprises the historical overview of migration processes in Kyrgyzstan, contemporary migration trends in international migration and various social, economic and political impacts of migration. It presents the findings of longstanding, in-depth, comprehensive and empirical research. Insights are maximized by applying the multi-sited strategy of analyzing both the migrant's place of origin and that of destination. The primary goal of the book is to contribute to a better understanding of the meanings and the impacts of contemporary international migration processes in Kyrgyzstan and their relevance for local livelihoods.
This Very Short Introduction examines the phenomenon of international human migration - both legal and illegal. Taking a global look at politics, economics, and globalization, the author presents the human side of topics such as asylum and refugees, human trafficking, migrant smuggling, development, and the international labour force.
"The magnitudes, nature, causes, and consequences of population movements between rural and urban sectors of developing countries are examined. The prior literature is reviewed, proving limited in key dimensions. Evidence is presented from a new database encompassing nationally representative data on seventy-five developing countries. Several measures of migration propensities are derived for the separate countries. The situation in each country is documented, both in historical context and following the time of enumeration. Rural-urban migrants enjoy major gains; those who do not move forego substantial, potential gains. Barriers to migrating are very real for disadvantaged groups. Migration among ethnolinguistic communities is a pervasive theme; the context in which each group lives is detailed. Upward mobility in incomes in towns is affirmed, and the departure of adults from rural homes raises living standards of the family left behind but consequent separation of married couples is endemic to particular societies. Reclassification of rural areas as urban is shown to be more important than net rural-urban moves in incremental urbanization and rural-urban moves are less permanent than normally portrayed. A contention of symmetry between rural-urban and urban-rural migration propensities is rejected and indications that these twin movements result in sorting of labor by skills is not supported. Moreover, step and onward migration are not as common as popularly claimed. Previously neglected topics studied include autonomous migration by women, child migration, and networks at origin. Policies to limit rural-urban migration are questioned, rather planning for managed urban growth is vital as climate change continues. Key words: Rural, urban, migration, development, literature, database, reclassification, sorting, policies"--