Migration and Remittances during the Global Financial Crisis and Beyond

Immigrants tend to be more negatively affected by economic crisis than natives, particularly when governments apply strict immigration controls. With the onset of the financial crisis in the latter half of 2008, there were widespread concerns: would migrants return to sending countries and communiti...

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Main Authors: Sirkeci, Ibrahim, Cohen, Jeffrey H., Ratha, Dilip
Format: Publication
Language:en_US
Published: Washington, DC: World Bank 2013
Subjects:
war
Online Access:http://hdl.handle.net/10986/13092
id okr-10986-13092
recordtype oai_dc
spelling okr-10986-130922021-04-23T14:03:06Z Migration and Remittances during the Global Financial Crisis and Beyond Sirkeci, Ibrahim Cohen, Jeffrey H. Ratha, Dilip Sirkeci, Ibrahim Cohen, Jeffrey H. Ratha, Dilip abuse adult population Armed Conflict armed conflicts Brain drain census data censuses citizenship civil rights complications costs of migration country of origin country pair country pairs dependence determinants of migration Determinants of migration flows developing countries development policy Diaspora economic benefits from immigration economic migration economics of immigration educational attainment emigrants emigration empirical analysis family members family reunification Foreign Direct Investment host country household level households housing human capital immigrant immigrant population immigrant stock immigrants immigration immigration policy international conventions international migrants International Migration international trade labor force labor market legal rights level of development level of education levels of education measurement of migration migrant migrant flows migrant stock migrants migration costs migration data migration decisions migration flow migration flows migration patterns migration policy migration process Migration rates migrations mortality mortality rate movement of people movements of people national borders national level nationals native population net migration number of migrants number of people Peace policy discussions Policy Research Policy Research Working Paper Population and Development population size potential migrant potential migrants primary education progress push factor religion Remittances respect return migration role of migration secondary education skill composition skill level skill levels skilled migrants skilled workers social networks social norms undocumented migrants undocumented migration wage differentials war wars welfare state Immigrants tend to be more negatively affected by economic crisis than natives, particularly when governments apply strict immigration controls. With the onset of the financial crisis in the latter half of 2008, there were widespread concerns: would migrants return to sending countries and communities in large numbers, adding further economic woes to countries already facing difficulties? Would remittance flows slow and potentially cease? The literature offers little guidance on these questions. It is always a challenge to collect data, analyze, interpret, and make recommendations as the phenomenon under study is still unfolding to reveal new turns and twists. The most recent financial crisis and its repercussions are yet to be completed, and scholars have only begun processing the event. This volume is an effort to bring together in one place fresh thinking and evidence from around the world on the outcomes of mobility in the context of global financial crisis. This book is perhaps the first comprehensive study of remittances during the financial crisis and is a timely addition to the literature. It comes at a time when countries are grappling with the global financial crisis and it's after effects. The resilience of remittances is good news for developing countries, but leveraging remittances for socioeconomic development remains a key challenge. The studies in this book identify and discuss key patterns observed in remittance practices across the world and possibilities for the future. 2013-04-09T15:44:42Z 2013-04-09T15:44:42Z 2012-06-01 978-0-8213-8826-6 10.1596/978-0-8213-8826-6 http://hdl.handle.net/10986/13092 en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank Washington, DC: World Bank Publications & Research :: Publication Publications & Research
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language en_US
topic abuse
adult population
Armed Conflict
armed conflicts
Brain drain
census data
censuses
citizenship
civil rights
complications
costs of migration
country of origin
country pair
country pairs
dependence
determinants of migration
Determinants of migration flows
developing countries
development policy
Diaspora
economic benefits from immigration
economic migration
economics of immigration
educational attainment
emigrants
emigration
empirical analysis
family members
family reunification
Foreign Direct Investment
host country
household level
households
housing
human capital
immigrant
immigrant population
immigrant stock
immigrants
immigration
immigration policy
international conventions
international migrants
International Migration
international trade
labor force
labor market
legal rights
level of development
level of education
levels of education
measurement of migration
migrant
migrant flows
migrant stock
migrants
migration costs
migration data
migration decisions
migration flow
migration flows
migration patterns
migration policy
migration process
Migration rates
migrations
mortality
mortality rate
movement of people
movements of people
national borders
national level
nationals
native population
net migration
number of migrants
number of people
Peace
policy discussions
Policy Research
Policy Research Working Paper
Population and Development
population size
potential migrant
potential migrants
primary education
progress
push factor
religion
Remittances
respect
return migration
role of migration
secondary education
skill composition
skill level
skill levels
skilled migrants
skilled workers
social networks
social norms
undocumented migrants
undocumented migration
wage differentials
war
wars
welfare state
spellingShingle abuse
adult population
Armed Conflict
armed conflicts
Brain drain
census data
censuses
citizenship
civil rights
complications
costs of migration
country of origin
country pair
country pairs
dependence
determinants of migration
Determinants of migration flows
developing countries
development policy
Diaspora
economic benefits from immigration
economic migration
economics of immigration
educational attainment
emigrants
emigration
empirical analysis
family members
family reunification
Foreign Direct Investment
host country
household level
households
housing
human capital
immigrant
immigrant population
immigrant stock
immigrants
immigration
immigration policy
international conventions
international migrants
International Migration
international trade
labor force
labor market
legal rights
level of development
level of education
levels of education
measurement of migration
migrant
migrant flows
migrant stock
migrants
migration costs
migration data
migration decisions
migration flow
migration flows
migration patterns
migration policy
migration process
Migration rates
migrations
mortality
mortality rate
movement of people
movements of people
national borders
national level
nationals
native population
net migration
number of migrants
number of people
Peace
policy discussions
Policy Research
Policy Research Working Paper
Population and Development
population size
potential migrant
potential migrants
primary education
progress
push factor
religion
Remittances
respect
return migration
role of migration
secondary education
skill composition
skill level
skill levels
skilled migrants
skilled workers
social networks
social norms
undocumented migrants
undocumented migration
wage differentials
war
wars
welfare state
Sirkeci, Ibrahim
Cohen, Jeffrey H.
Ratha, Dilip
Migration and Remittances during the Global Financial Crisis and Beyond
description Immigrants tend to be more negatively affected by economic crisis than natives, particularly when governments apply strict immigration controls. With the onset of the financial crisis in the latter half of 2008, there were widespread concerns: would migrants return to sending countries and communities in large numbers, adding further economic woes to countries already facing difficulties? Would remittance flows slow and potentially cease? The literature offers little guidance on these questions. It is always a challenge to collect data, analyze, interpret, and make recommendations as the phenomenon under study is still unfolding to reveal new turns and twists. The most recent financial crisis and its repercussions are yet to be completed, and scholars have only begun processing the event. This volume is an effort to bring together in one place fresh thinking and evidence from around the world on the outcomes of mobility in the context of global financial crisis. This book is perhaps the first comprehensive study of remittances during the financial crisis and is a timely addition to the literature. It comes at a time when countries are grappling with the global financial crisis and it's after effects. The resilience of remittances is good news for developing countries, but leveraging remittances for socioeconomic development remains a key challenge. The studies in this book identify and discuss key patterns observed in remittance practices across the world and possibilities for the future.
author2 Sirkeci, Ibrahim
author_facet Sirkeci, Ibrahim
Sirkeci, Ibrahim
Cohen, Jeffrey H.
Ratha, Dilip
format Publications & Research :: Publication
author Sirkeci, Ibrahim
Cohen, Jeffrey H.
Ratha, Dilip
author_sort Sirkeci, Ibrahim
title Migration and Remittances during the Global Financial Crisis and Beyond
title_short Migration and Remittances during the Global Financial Crisis and Beyond
title_full Migration and Remittances during the Global Financial Crisis and Beyond
title_fullStr Migration and Remittances during the Global Financial Crisis and Beyond
title_full_unstemmed Migration and Remittances during the Global Financial Crisis and Beyond
title_sort migration and remittances during the global financial crisis and beyond
publisher Washington, DC: World Bank
publishDate 2013
url http://hdl.handle.net/10986/13092
_version_ 1764422446049394688