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Do Remittances Have A Flip Side
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Book Synopsis Do Remittances Have a Flip Side? by : Maurizio Bussolo
Download or read book Do Remittances Have a Flip Side? written by Maurizio Bussolo and published by . This book was released on 2007 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: Econometric analysis has established a negative relationship between labor supply and remittances in Jamaica. The authors incorporate this ex-post evidence in a general equilibrium model to investigate economy-wide effects of increased remittance inflows. In this model, remittances reduce labor force participation by increasing the reservation wages of recipients. This exacerbates the real exchange rate appreciation, hurting Jamaica's export base and small manufacturing import-competing sector. Within the narrow margins of maneuver of a highly indebted government, the authors show that a revenue-neutral policy response of a simultaneous reduction in payroll taxes and increase in sales taxes can effectively counteract these potentially negative effects of remittances.
Book Synopsis Do Remittances Have a Flip Side? A General Equilibrium Analysis of Remittances, Labor Supply Responses, and Policy Options for Jamaica by : Maurizio Bussolo
Download or read book Do Remittances Have a Flip Side? A General Equilibrium Analysis of Remittances, Labor Supply Responses, and Policy Options for Jamaica written by Maurizio Bussolo and published by . This book was released on 2012 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Econometric analysis has established a negative relationship between labor supply and remittances in Jamaica. The authors incorporate this ex-post evidence in a general equilibrium model to investigate economywide effects of increased remittance inflows. In this model, remittances reduce labor force participation by increasing the reservation wages of recipients. This exacerbates the real exchange rate appreciation, hurting Jamaica's export base and small manufacturing import-competing sector. Within the narrow margins of maneuver of a highly indebted government, the authors show that a revenue-neutral policy response of a simultaneous reduction in payroll taxes and increase in sales taxes can effectively counteract these potentially negative effects of remittances.
Book Synopsis The impact of remittances on labor supply: the case of Jamaica by : Namsuk Kim
Download or read book The impact of remittances on labor supply: the case of Jamaica written by Namsuk Kim and published by World Bank Publications. This book was released on 2007 with total page 18 pages. Available in PDF, EPUB and Kindle. Book excerpt: Abstract: A puzzle in the recently stagnated economy of Jamaica is that high rates of unemployment have persisted even when real wages have been increasing. This paper examines aspects of the labor supply in an effort to understand why high rates of unemployment have existed with increasing real wages. This is a sign of a badly functioning labor market. The cross-sectional analysis suggests that remittances have some impact on labor supply, especially on labor market participation. The pseudo panel data analysis also confirms that remittances have a strong impact on labor participation but not on weekly working hours. Households with remittance income have a higher reservation wage and have reduced the supply of labor by moving out of the labor force.
Book Synopsis Remittances and Development by : Pablo Fajnzylber
Download or read book Remittances and Development written by Pablo Fajnzylber and published by World Bank Publications. This book was released on 2008-02-08 with total page 410 pages. Available in PDF, EPUB and Kindle. Book excerpt: Workers' remittances have become a major source of financing for developing countries and are especially important in Latin America and the Caribbean, which is at the top of the ranking of remittance receiving regions in the world. While there has been a recent surge in analytical work on the topic, this book is motivated by the large heterogeneity in migration and remittance patterns across countries and regions, and by the fact that existing evidence for Latin America and the Caribbean is restricted to only a few countries, such as Mexico and El Salvador. Because the nature of the phenomenon varies across countries, its development impact and policy implications are also likely to differ in ways that are still largely unknown. This book helps fill the gap by exploring, in the specific context of Latin America and Caribbean countries, some of the main questions faced by policymakers when trying to respond to increasing remittances flows. The book relies on cross-country panel data and household surveys for 11 Latin American countries to explore the development impact of remittance flows along several dimensions: growth, poverty, inequality, schooling, health, labor supply, financial development, and real exchange rates.
Book Synopsis The Palgrave Handbook of Agricultural and Rural Development in Africa by : Evans S. Osabuohien
Download or read book The Palgrave Handbook of Agricultural and Rural Development in Africa written by Evans S. Osabuohien and published by Springer Nature. This book was released on 2020-07-06 with total page 670 pages. Available in PDF, EPUB and Kindle. Book excerpt: This handbook examines agricultural and rural development in Africa from theoretical, empirical and policy stand points. It discusses the challenges of the United Nations Sustainable Development Goals (SDGs) and assesses how poverty and other development concerns can be addressed in rural communities through agricultural transformation. Additionally, the handbook extends the Post-2015 Development Agenda and it emphasizes the importance of the agricultural sector as it is closely related to the issues of food sustainability, poverty reduction, and employment creation. The contributors suggest multiple evidence-based policies to develop the rural areas through the transformation of the agricultural sector which can significantly benefit the African continent.
Book Synopsis The Migration Myth in Policy and Practice by : AKM Ahsan Ullah
Download or read book The Migration Myth in Policy and Practice written by AKM Ahsan Ullah and published by Springer Nature. This book was released on 2020-01-01 with total page 221 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book investigates the long-term impact of migration on development, engaging in a thorough analysis of the pertinent factors in migration. Migration scholars and stakeholders have long placed emphasis on the necessity of migration for development. At the heart of this book is the question: Has migration made development necessary, or is it the other way around? While existing literature is predominantly occupied with positive impressions about the migration-development nexus, this book challenges associated pervasive generalizations about the impact of migration, indicating that migration has not impacted all regions equally. This volume thus grapples with the different extents to which migration has impacted development by delving into the social costs that migrants often pay in the long run. With empirical support, this book proffers that some countries are becoming over-dependent on migration. An excellent resource for both policymakers working on migration policy, and scholars in international relations, migration and development studies, this book presents a range of innovative ideas in relation to the remittance-development nexus.
Book Synopsis Remittance Markets in Africa by : Sanket Mohapatra
Download or read book Remittance Markets in Africa written by Sanket Mohapatra and published by World Bank Publications. This book was released on 2011-01-01 with total page 380 pages. Available in PDF, EPUB and Kindle. Book excerpt: Remittances sent by African migrants have become an important source of external finance for countries in the Sub-Saharan African region. In many African countries, these flows are larger than foreign direct investment and portfolio debt and equity flows. In some cases, they are similar in size to official aid from multilateral and bilateral donors. Remittance markets in Africa, however, remain less developed than other regions. The share of informal or unrecorded remittances is among the highest for Sub-Saharan African countries. Remittance costs tend to be significantly higher in Africa both for sending remittances from outside the region and for within-Africa (South-South) remittance corridors. At the same time, the remittance landscape in Africa is rapidly changing with the introduction of new remittance technologies, in particular mobile money transfers and branchless banking. This book presents findings of surveys of remittance service providers conducted in eight Sub-Saharan African countries and in three key destination countries. It looks at issues relating to costs, competition, innovation and regulation, and discusses policy options for leveraging remittances for development in Africa.
Book Synopsis Global Crisis, Remittances, and Poverty in Asia by : Asian Development Bank
Download or read book Global Crisis, Remittances, and Poverty in Asia written by Asian Development Bank and published by Asian Development Bank. This book was released on 2012-05-01 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: This publication presents a comprehensive discussion on the impact of the global financial crisis (2008–2009) on certain Asian economies at different levels of analysis---showcasing cross-country regression, computable general equilibrium modeling, and microeconometric modeling for Bangladesh, Indonesia, Pakistan, the Philippines, and Viet Nam. Using different measures of remittances, cross-country regression analyses suggest that a 10% increase in remittances leads to a 3%–4% rise in real gross domestic product per capita. At the same time, the analyses show that remittances exert a negative impact on aggregate poverty. Moreover, these money transfers from abroad exert important impacts on the macroeconomy that include improving external current accounts, alleviating debt burdens, appreciation of domestic currencies, and moderating inflation.
Book Synopsis Leveraging Migration for Africa by : Dilip Ratha
Download or read book Leveraging Migration for Africa written by Dilip Ratha and published by World Bank Publications. This book was released on 2011-04-26 with total page 237 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book seeks to fill knowledge gaps on migration, remittances and diaspora in Africa.
Book Synopsis Contemporary Issues Within Caribbean Economies by : Colin Cannonier
Download or read book Contemporary Issues Within Caribbean Economies written by Colin Cannonier and published by Springer Nature. This book was released on 2022-06-08 with total page 310 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Caribbean economy remains a region with many paradoxes. Despite a relative abundance of natural and valuable resources, including its people, large segments of the region still grapple with significant levels of debt, environmental degradation, high unemployment in the formal sector, climate change, limited progress in technological innovation, increasing energy costs, remittance dependency, tourism dependency, loss of correspondent banking relations, exchange rate, noncommunicable diseases, and domestic politics to name more than a few. The poorest countries still lag and remain far more vulnerable to external factors related to trade and global financial sector issues. This edited volume takes a closer look at the contemporary issues related to the economies of the Caribbean. The book provides an added dimension in that each of the chapters includes the contributions of a scholar with lived experiences in and knowledge of the region. Indeed, the book underscores the detailed evidence-based research and perspectives on topics providing insights into the current landscape of the Caribbean. Ultimately, understanding the Caribbean in its varied contexts is an important milestone in pursuing policies that will contribute to flourishing economies replete with sustained growth and development.
Book Synopsis The Oxford Handbook of the Economy of Cameroon by : Célestin Monga
Download or read book The Oxford Handbook of the Economy of Cameroon written by Célestin Monga and published by Oxford University Press. This book was released on 2022-10-10 with total page 801 pages. Available in PDF, EPUB and Kindle. Book excerpt: Cameroon's suboptimal economic experience since independence (1960) sheds light on broader issues of Africa's development narrative, and provides valuable economic and policy knowledge. While Cameroon's large informal economy is diverse and resilient and rooted in old business traditions, its formal economy has exhibited low productivity and employment growth for over 60 years. This has brought anger, disappointment, and violent conflict in several regions of the country. The Oxford Handbook of the Economy of Cameroon examines the reasons of Cameroon's unsatisfactory economic performance and draws lessons from successful development experience to help tackle these issues. The Handbook provides a critical assessment of the history, patterns, and strategies of economic development in Cameroon, and outlines new approaches to economic enquiry for prosperity and social change. Through Cameroon's governance story, the handbook analyzes the evolving conceptions of economic policy, takes stock of intellectual progress, documents the challenges of implementation, and outlines the intellectual and policy agenda ahead. For a developing country increases in per capita income arise from advances in technology arise from closing the knowledge and technology gap with those at the frontier. And within any country (especially one like Cameroon), there is enormous scope for productivity improvement simply by closing the gap between best practices and average practices. Standards of living can therefore be improved through the implementation of pertinent learning strategies. In this Oxford Handbook of the Economy of Cameroon, an international team of leading development economists and researchers address the wide range of issues facing Cameroon and provide guiding principles on how best the country (and other developing nations) could move human, capital, and financial resources from low- to high-productivity sectors in a constantly changing global economy.
Book Synopsis Long-term Care, Globalization, and Justice by : Lisa A. Eckenwiler
Download or read book Long-term Care, Globalization, and Justice written by Lisa A. Eckenwiler and published by JHU Press. This book was released on 2012-06-04 with total page 167 pages. Available in PDF, EPUB and Kindle. Book excerpt: The plight of the dependent elderly and their families -- The plight of paid workers in long-term care -- Tracing injustice in long-term care -- An ecological ethic -- Realizing justice globally in long-term care.
Book Synopsis Global Perspectives on Gender and Space by : Ann Oberhauser
Download or read book Global Perspectives on Gender and Space written by Ann Oberhauser and published by Routledge. This book was released on 2014-03-21 with total page 279 pages. Available in PDF, EPUB and Kindle. Book excerpt: Feminism has re-shaped the way we think about equality, power relations and social change. Recent feminist scholarship has provided new theoretical frameworks, methodologies and empirical analyses of how gender and feminism are situated within the development process. Global Perspectives on Gender and Space: Engaging Feminism and Development draws upon this framework to explore the effects of globalization on development in diverse geographical contexts. It explores how women’s and men’s lives are gendered in specific spaces as well as across multiple landscapes. Traveling from South Asia to sub-Saharan Africa to North America and the Caribbean, the contributions illustrate the link between gender and global development, including economic livelihoods, policy measures and environmental change. Divided into three sections, Global Perspectives on Gender and Space showcases the following issues: One) the impact of neoliberal policies on transnational migration, public services and microfinance programs; Two) feminist and participatory methodologies employed in the evaluation of land use, women’s cooperatives and liberation struggles and Three) gendered approaches to climate change, natural disasters and conservation the global South. A feminist lens is the common thread throughout these sections that weaves gender into the very fabric of everyday life, providing a common link between varied spaces around the globe by mapping gendered patterns of power and social change. This timely volume provides geographic comparisons and case studies to give empirically informed insights on processes and practices relevant to feminism and development. It illustrates ways to empower individuals and communities through transnational struggles and grassroots organizations, while emphasizing human rights and gender equity, and will be of interest to those studying Geography, Development Studies, International Relations and Gender Studies.
Book Synopsis Remittances and International Development by : Sabith Khan
Download or read book Remittances and International Development written by Sabith Khan and published by Routledge. This book was released on 2020-07-30 with total page 189 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is a first of its kind book which examines the remittances in the two largest corridors in the World: India-Saudi Arabia and Mexico-U.S.A. This book aims to treat remittances as an act of social norm involving individuals, nation-states, and diaspora communities. It treats remittances both as an act of individual obligation as well as a social fact that needs to be understood from the perspective of the actors, i.e., the givers and recipients. Using theories of motives of giving, policy analysis, international development, and international relations, the authors offer a compelling narrative of how and why remittances occur and the impacts on both the giver and recipient. The authors - both scholars of philanthropy and remittances - bring their shared perspective and understanding of this crucial phenomenon and delve deep into examining its impacts on community development and the relations between the nation-states. This book offers a sophisticated understanding of how vital remittances are to the world we live in. The book sheds light on this important social reality and will be of value to researchers, academics, and students interested in remittances, as well as to practitioners working in the international development sector, NGO actors, and policy makers.
Download or read book Labor Income Share written by Saumik Paul and published by Springer Nature. This book was released on 2020-10-01 with total page 281 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is about labor income share, which measures the share of national income paid in wages. The global share of income going towards labor is declining, which suggests a more unequal distribution of income. This has sparked debates about fair distribution of personal incomes among academics and policymakers alike. This book joins the discussion by bringing together recent developments in theoretical and empirical research on labor income share and novel insights on the measurement of the labor income share. The aim of this book is to help design policies to reduce inequality and provide useful knowledge to academics, policymakers from government agencies, policy aides in research institutions and think tanks, and broader audiences from public and private organizations.
Book Synopsis Institutional Reform and Diaspora Entrepreneurs by : Jennifer M. Brinkerhoff
Download or read book Institutional Reform and Diaspora Entrepreneurs written by Jennifer M. Brinkerhoff and published by Oxford University Press. This book was released on 2016-08-08 with total page 281 pages. Available in PDF, EPUB and Kindle. Book excerpt: Externally-promoted institutional reform, even when nominally accepted by developing country governments, often fails to deliver lasting change. Diasporans-immigrants who still feel a connection to their country of origin-may offer an In-Between Advantage for institutional reform, which links problem understanding with potential solutions, and encompasses vision, impact, operational, and psycho-social advantages. Individuals with entrepreneurial characteristics can catalyzing institutional reform. Diasporans may have particular advantages for entrepreneurship, as they live both psychologically and materially between the place of origin they left and the new destination they have embraced. Their entrepreneurial characteristics may be accidental, cultivated through the migration and diaspora experience, or innate to individuals' personalities. This book articulates the diaspora institutional entrepreneur In-Between Advantage, proposes a model for understanding the characteristics and motivational influences of entrepreneurs generally and how they apply to diaspora entrepreneurs in particular, and presents a staged model of institutional entrepreneur actions. I test these frameworks through case narratives of social institutional reform in Egypt, economic institutional reform in Ethiopia, and political institutional reform in Chad. In addition to identifying policy implications, this book makes important theoretical contributions in three areas. First, it builds on existing and emerging critiques of international development assistance that articulate prescriptions related to alternative theories of change. Second, it fills an important gap in the literature by focusing squarely on the role of agency in institutional reform processes while still accounting for organizational systems and socio-political contexts. In doing so, it integrates a more expansive view of entrepreneurism into extant understandings of institutional entrepreneurism, and it sheds light on what happens in the frequently-invoked black box of agency. Third, it demonstrates the fallacy of many theoretical frameworks that seek to order institutional change processes into neatly definable linear stages.
Book Synopsis Remittances and the Real Exchange Rate by : J. Humberto Lopez
Download or read book Remittances and the Real Exchange Rate written by J. Humberto Lopez and published by . This book was released on 2007 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: Existing empirical evidence indicates that remittances have a positive impact on a good number of development indicators of recipient countries. Yet when flows are too large relative to the size of the recipient economies, as those observed in a number of Latin American countries, they may also bring a number of undesired problems. Among those probably the most feared in this context is the Dutch Disease. This paper explores the empirical evidence regarding the impact of remittances on the real exchange rate. The findings suggest that remittances indeed appear to lead to a significant real exchange rate appreciation. The paper also explores policy options that may somewhat offset the observed effect.
