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Defying The Odds Remittances During The Covid 19 Pandemic
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Book Synopsis Defying the Odds: Remittances During the COVID-19 Pandemic by : Mr. Kangni R Kpodar
Download or read book Defying the Odds: Remittances During the COVID-19 Pandemic written by Mr. Kangni R Kpodar and published by International Monetary Fund. This book was released on 2021-07-16 with total page 35 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper provides an early assessment of the dynamics and drivers of remittances during the COVID-19 pandemic, using a newly compiled monthly remittance dataset for a sample of 52 countries, of which 16 countries with bilateral remittance data. The paper documents a strong resilience in remittance flows, notwithstanding an unprecedent global recession triggered by the pandemic. Using the local projection approach to estimate the impulse response functions of remittance flows during Jan 2020-Dec 2020, the paper provides evidence that: (i) remittances responded positively to COVID-19 infection rates in migrant home countries, underscoring its role as an important automatic stabilizer; (ii) stricter containment measures have the unintended consequence of dampening remittances; and (iii) a shift from informal to formal remittance channels due to travel restrictions appears to have also played a role in the surge in formal remittances. Lastly, the size of the fiscal stimulus in host countries is positively associated with remittances as the fiscal response cushions the economic impact of the pandemic.
Book Synopsis The Social Epidemiology of the COVID-19 Pandemic by : Dustin T. Duncan
Download or read book The Social Epidemiology of the COVID-19 Pandemic written by Dustin T. Duncan and published by Oxford University Press. This book was released on 2024 with total page 497 pages. Available in PDF, EPUB and Kindle. Book excerpt: "The novel coronavirus of 2019 (COVID-19) has caused one of the largest pandemics in human history. COVID-19 was declared a global pandemic in March 2020. The worldwide COVID health crisis has affected virtually every aspect of daily life, namely the conditions in which we are born, grow, learn, work, and age. For the last three years, for instance, we have engaged in social distancing, remote meetups and seemingly endless Zoom calls. We have also changed how we view healthcare, with many increasing their use of telemedicine. Many have also abandoned city living for a more comfortable life in suburban, peri-rural and rural environments, with greater access to trees and parkland. Travel has been significantly impacted-disrupting existing social networks but also potentially deepening more localized social networks. For some, these changes were only in initial lockdown period(s); for others, these changes may be ongoing. The idea for our book emerged from overwhelming evidence that the pandemic intersects with nearly every social determinant of population health and aggravating existing inequalities in social conditions and health outcomes"--
Book Synopsis Evolution of Remittances to CAPDR Countries and Mexico During the COVID-19 Pandemic by : Aleksandra Babii
Download or read book Evolution of Remittances to CAPDR Countries and Mexico During the COVID-19 Pandemic written by Aleksandra Babii and published by International Monetary Fund. This book was released on 2022-05-13 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: Traditional models relying on standard variables like the U.S. Hispanic unemployment rate fared well in explaining remittances to CAPDR and Mexico during the pre-pandemic period. However, they fail to predict the sustained growth in remittances since June 2020, including the significant increase in the average amount remitted. Using data from over 300 remittances corridors (from 23 U.S. states to 14 Salvadoran departments), we find that this increase is primarily explained by the dynamics of U.S. states real wages, as well as more temporary factors like U.S. unemployment relief (including the extraordinary pandemic support), U.S. states mobility, and COVID-19 infections at home. The paper also analyses what role the change in the modes of transmission of remittances, additional U.S. fiscal stimulus and U.S. labor market developments, especially in the sectors were CAPDR and Mexican migrants preponderantly work, play in explaining aggregate remittances growth.
Book Synopsis Remittances and Social Safety Nets During COVID-19: Evidence from Georgia and the Kyrgyz Republic by : Nordine Abidi
Download or read book Remittances and Social Safety Nets During COVID-19: Evidence from Georgia and the Kyrgyz Republic written by Nordine Abidi and published by International Monetary Fund. This book was released on 2023-05-05 with total page 27 pages. Available in PDF, EPUB and Kindle. Book excerpt: Remittances and Social Safety Nets During COVID-19: Evidence From Georgia and the Kyrgyz Republic
Book Synopsis Migration and Integration in a Post-Pandemic World by : Lin Lerpold
Download or read book Migration and Integration in a Post-Pandemic World written by Lin Lerpold and published by Springer Nature. This book was released on 2023-06-05 with total page 433 pages. Available in PDF, EPUB and Kindle. Book excerpt: As the world emerges from the COVID-19 pandemic, this book explores current migration and integration challenges. Against the background of long-term migration trends, it asks whether the pandemic has changed the patterns observed, transformed the circumstances international migrants face at destination or whether the opportunities and challenges for integration have been altered. Twenty-four researchers have contributed to this volume with research attention on how COVID-19 has affected transnationalism and identity, labour market employment, and impacted the discrimination of migrants in a variety of ways. Loyalties and tensions created by the need to include also hesitant migrant groups in vaccination programmes are explored. The role of cosmopolitanism and welfare chauvinism in narratives on inward migrations flows, the stance of trade unions on migration, the complexities of implementing return policies, and the challenges faced by unaccompanied refugee youth from Afghanistan are also discussed.
Book Synopsis Towards a Blue Recovery in Samoa Appraisal Report by : OECD
Download or read book Towards a Blue Recovery in Samoa Appraisal Report written by OECD and published by OECD Publishing. This book was released on 2023-11-28 with total page 110 pages. Available in PDF, EPUB and Kindle. Book excerpt: Through an analysis of Samoa’s economic trends and environmental pressures, institutional set-up and policy tools, as well as financing landscape, this report identifies opportunities and challenges for Samoa’s ocean economy to drive sustainable and resilient development.
Book Synopsis How Do Transaction Costs Influence Remittances by : Mr. Kangni R Kpodar
Download or read book How Do Transaction Costs Influence Remittances written by Mr. Kangni R Kpodar and published by International Monetary Fund. This book was released on 2022-11-04 with total page 43 pages. Available in PDF, EPUB and Kindle. Book excerpt: Using a new quarterly panel database on remittances (71 countries over the period 2011Q1- 2020Q4), this paper investigates the elasticity of remittances to transaction costs in a high frequency and dynamic setting. It adds to the literature by systematically exploring the heterogeneity in the cost-elasticity of remittances along several country characteristics. The findings suggest that cost reductions have a short-term positive impact on remittances, that dissipates beyond one quarter. According to our estimates, reducing transaction costs to the Sustainable Development Goal target of 3 percent could generate an additional US$32bn in remittances, higher that the direct cost savings from lower transaction costs, thus suggesting an absolute elasticity greater than one. Among remittance cost-mitigation factors, higher competition in the remittance market, a deeper financial sector, and adequate correspondent banking relationships are associated with a lower elasticity of remittance to transaction costs. Similarly, remittance cost-adaptation factors such as enhanced transparency in remittance costs, improved financial literary and higher ICT development coincide with remittances being less sensitive to transaction costs. Supplementing the panel analysis, the use of micro data from the USA-Mexico corridor confirm that migrants facing higher transaction costs tend to remit less, and that this effect is less pronounced for skilled migrants and those that have access to a bank account.
Book Synopsis Research Handbook on the Sociology of Migration by : Giuseppe Sciortino
Download or read book Research Handbook on the Sociology of Migration written by Giuseppe Sciortino and published by Edward Elgar Publishing. This book was released on 2024-01-18 with total page 453 pages. Available in PDF, EPUB and Kindle. Book excerpt: Adeptly navigating one of the most pressing issues on the current global agenda, this topical Research Handbook provides a comprehensive and research-based exploration of the sociology of migration. As well as highlighting the field’s achievements and current challenges, it explores key concepts used in current research, methods employed, and the spheres and contexts in which migrants participate.
Book Synopsis Loss-of-Learning and the Post-Covid Recovery in Low-Income Countries by : Mr. Edward F Buffie
Download or read book Loss-of-Learning and the Post-Covid Recovery in Low-Income Countries written by Mr. Edward F Buffie and published by International Monetary Fund. This book was released on 2022-02-04 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt: We analyze the medium-term macroeconomic impact of the Covid-19 pandemic and associated lock-down measures on low-income countries. We focus on the impact over the medium-run of the degradation of health and human capital caused by the pandemic and its aftermath, exploring the trade-offs between rebuilding human capital and the recovery of livelihoods and macroeconomic sustainability. A dynamic general equilibrium model is calibrated to reflect the structural characteristics of vulnerable low-income countries and to replicate key dimensions of the Covid-19 shock. We show that absent significant and sustained external financing, the persistence of loss-of-learning effects on labor productivity is likely to make the post-Covid recovery more attenuated and more expensive than many contemporary analyses suggest.
Book Synopsis Revisiting poverty trends and the role of social protection systems in Africa during the COVID-19 pandemic by : Abay, Kibrom A.
Download or read book Revisiting poverty trends and the role of social protection systems in Africa during the COVID-19 pandemic written by Abay, Kibrom A. and published by Intl Food Policy Res Inst. This book was released on 2022-10-20 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt: Quantifying the impact of the COVID-19 pandemic on poverty in Africa has been as difficult as predicting the path of the pandemic, mainly due to data limitations. The advent of new data sources, including national accounts and phone survey data, provides an opportunity for a thorough reassessment of the impact of the pandemic and the subsequent expansion of social protection systems on the evolution of poverty in Africa. In this paper, we combine per capita GDP growth from national accounts with data from High-Frequency Phone Surveys for several countries to estimate the net impact of the pandemic on poverty. We find that the pandemic has increased poverty in Africa by 1.5-1.7 percentage points in 2020, relatively smaller than early estimates and projections. We also find that countries affected by Fragility, Conflict, and Violence (FCV) experienced the greatest increases in poverty, about 2.1 percentage points in 2020. Furthermore, we assess and synthesize empirical evidence on the role that social protection systems played in mitigating the adverse impact of the COVID-19 crisis in Africa. We review social protection responses in various African countries, mainly focusing on the impact of these programs and effectiveness of targeting systems. Although the evidence base on the protective role of social protection programs during the pandemic remains scarce, we highlight important findings on the impacts of these programs while also uncovering some vulnerabilities in social protection programming in Africa. We finally draw important lessons related to the delivery, targeting and impact of various social protection programs launched in Africa in response to the pandemic.
Book Synopsis Global Economic Prospects, January 2022 by : World Bank Group
Download or read book Global Economic Prospects, January 2022 written by World Bank Group and published by World Bank Publications. This book was released on 2022-01-01 with total page 420 pages. Available in PDF, EPUB and Kindle. Book excerpt: Although the global economy is emerging from the collapse triggered by COVID-19, the recovery is likely to be subdued, and global GDP is projected to remain well below its pre-pandemic trend for a prolonged period. Several risks cloud the outlook, including those related to the pandemic and to rapidly rising debt. The pandemic has further diminished already-weak growth prospects for the next decade. Decisive policy actions will be critical in raising the likelihood of better growth outcomes while warding off worse ones. Immediate priorities include supporting vulnerable groups and ensuring a prompt and widespread vaccination process to bring the pandemic under control. Although macroeconomic policy support will continue to be important, limited fiscal policy space amid high debt highlights the need for an ambitious reform agenda that bolsters growth prospects. To address many of these challenges, global cooperation will be key. Global Economic Prospects is a World Bank Group Flagship Report that examines global economic developments and prospects, with a special focus on emerging market and developing economies, on a semiannual basis (in January and June). The January edition includes in-depth analyses of topical policy challenges faced by these economies, while the June edition contains shorter analytical pieces.
Book Synopsis Migrant Traders in South Africa by : Pranitha Maharaj
Download or read book Migrant Traders in South Africa written by Pranitha Maharaj and published by Springer Nature. This book was released on 2023-03-01 with total page 275 pages. Available in PDF, EPUB and Kindle. Book excerpt: This edited book examines the social realities of migrant traders in the informal economy in South Africa. It draws on original research conducted with migrant traders in order to understand their lived experiences in light of the COVID-19 pandemic. With chapters on the diverse types of informal trading, urban versus rural settings, migrant women, xenophobia, crime, poverty, well-being and policy responses, the book will be a valuable resource for researchers, scholars, policymakers and development practitioners whose work relates to SDG 8 (Decent Work and Economic Growth).
Book Synopsis Fintech Research And Applications: Challenges And Opportunities by : Daisy Hsin-i Chou
Download or read book Fintech Research And Applications: Challenges And Opportunities written by Daisy Hsin-i Chou and published by World Scientific. This book was released on 2023-02-17 with total page 505 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book aims to provide insights on the latest developments in Financial Technology (FinTech). It is a collection of scientific articles covering the primary areas of finance. The following key themes are covered in the book: Machine Learning and Artificial Intelligence, FinTech Regulation and Smart Contracts, Cryptocurrencies, and FinTech in Financial Services. FinTech is a rapidly developing industry that uses technological innovations to improve financial activities and make financial services more accessible and affordable to businesses and individuals. This book contributes to the body of knowledge in FinTech, offering readers a chance to review and rethink the topics in question.
Download or read book Money Flows written by Catherine De Vries and published by Oxford University Press. This book was released on 2024-05-07 with total page 241 pages. Available in PDF, EPUB and Kindle. Book excerpt: Remittances, the repatriated earnings of emigrant workers, have risen spectacularly in recent decades. They are a crucial lifeline for the households that receive them and one of the largest sources of capital for developing economies, outstripping both aid and foreign direct investment. Money Flows studies how remittances shape the relationship between remittance recipients and the authorities in migrant-sending countries by providing a comprehensive study of the political effects of remittances on the attitudes of their recipients. It argues that far from being an exclusively economic risk-sharing mechanism between poorer, migrant-sending, and richer, migrant-receiving economies, remittances may compromise rudimentary accountability mechanisms in the developing world. The book leverages survey data from Central-Eastern Europe, the Caucasus, and Central Asia and original focus groups from Kyrgyzstan. It shows how remittances, and fluctuations in their volume, colour recipients' economic evaluations; shape the burden of corruption; and change how recipients interact with, and view their state, ultimately impacting the approval function of the authorities.
Author :International Monetary Fund. Asia and Pacific Dept Publisher :International Monetary Fund ISBN 13 : Total Pages :49 pages Book Rating :4.4/5 (2 download)
Book Synopsis Philippines by : International Monetary Fund. Asia and Pacific Dept
Download or read book Philippines written by International Monetary Fund. Asia and Pacific Dept and published by International Monetary Fund. This book was released on 2023-12-15 with total page 49 pages. Available in PDF, EPUB and Kindle. Book excerpt: Philippines: Selected Issues
Book Synopsis World Development Report 2023 by : World Bank
Download or read book World Development Report 2023 written by World Bank and published by World Bank Publications. This book was released on 2023-06-26 with total page 522 pages. Available in PDF, EPUB and Kindle. Book excerpt: Migration is a development challenge. About 184 million people--2.3 percent of the world's population--live outside of their country of nationality. Almost half of them are in low- and middle-income countries. But what lies ahead? As the world struggles to cope with global economic imbalances, diverging demographic trends, and climate change, migration will become a necessity in the decades to come for countries at all levels of income. If managed well, migration can be a force for prosperity and can help achieve the United Nations' Sustainable Development Goals. 'World Development Report 2023' proposes an innovative approach to maximize the development impacts of cross-border movements on both destination and origin countries and on migrants and refugees themselves. The framework it offers, drawn from labor economics and international law, rests on a 'Match and Motive Matrix' that focuses on two factors: how closely migrants' skills and attributes match the needs of destination countries and what motives underlie their movements. This approach enables policy makers to distinguish between different types of movements and to design migration policies for each. International cooperation will be critical to the effective management of migration.
Author :Food and Agriculture Organization of the United Nations Publisher :Food & Agriculture Org. ISBN 13 :9251348820 Total Pages :36 pages Book Rating :4.2/5 (513 download)
Book Synopsis COVID-19 impacts on smallholder farmers in Northern Shan State in Myanmar by : Food and Agriculture Organization of the United Nations
Download or read book COVID-19 impacts on smallholder farmers in Northern Shan State in Myanmar written by Food and Agriculture Organization of the United Nations and published by Food & Agriculture Org.. This book was released on 2021-12-22 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: Report on how the first wave of COVID-19 impacted on smallholder farmers in northern Shan State in Myanmar. The study examines the interactions of reduced border trade, remittances and contracted labour markets on household food security, nutrition and land tenure. In turn, tenure insecurity in rural areas may deepen the effects of COVID-19, as most rural people struggle to sustain their livelihoods through access to land and other natural resources. This is relevant as many ethnic groups in northern Shan State continue to manage their land through customary tenure systems that are not fully recognized by state authorities.
