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The Germany-Serbia Remittance Corridor
Serbia has become one of the largest remittance-recipient countries in the world. It is estimated that in 2004 Serbia received US$2.4 billion dollars in remittances from Serbian workers in Germany, the United States, Austria, Switzerland, Italy, and other countries. This amount represented 12 percent of Serbia's GDP. This report provides an overview of remittance flows from Germany to Serbia and analyzes why a large part of remittance transfers take place outside financial institutions. The study presents a series of recommendations on needed policy changes to facilitate the transfer of remittance flows from the informal channels to licensed or registered financial institutions, thereby maximizing the developmental impact of remittances, reducing remittances fees, improving data collection practices, and strengthening the regulation and supervision of the money transfer industry.
The Migration Industry and the Commercialization of International Migration
Migration has become business, big business. Over the last few decades a host of new business opportunities have emerged that capitalize both on the migrants’ desires to migrate and the struggle by governments to manage migration. From the rapid growth of specialized transportation and labour immigration companies, to multinational companies managing detention centres or establishing border security, to the organized criminal networks profiting from human smuggling and trafficking, we are currently witnessing a growing commercialization of international migration. This volume claims that today it is almost impossible to speak of migration without also speaking of the migration industry. Ye...
Making Remittances Work
Migrant workers routinely send small sums back to their families, often a crucial lifeline for their survival. But sending money across countries for these low income people is not easy and often very expensive and risky. Better regulation and supervision of these payment channels can make the process easier to access and more secure.
Democratization in China, Korea and Southeast Asia?
Rapid economic pluralization in East Asia has empowered local and medial groups, and with this change comes the need to rethink usual notions regarding ways in which "democracies" emerge or "citizens" gain more power. Careful examination of current developments in China, Korea, and Southeast Asia show a need for expansion of our understandings of democracy and democratization. This book challenges traditional ways in which political regimes in local as well as national polities are conceived and labeled. It shows from Asian experiences that democracy and its precursors come in more forms than most liberals have yet imagined. In reviewing recent experiences of countries across East Asia, thes...
How to Achieve Inclusive Growth
This is an open access title available under the terms of a CC BY-NC-ND 4.0 International licence. It is free to read at Oxford Scholarship Online and offered as a free PDF download from OUP and selected open access locations. Rising inequality and widespread poverty, social unrest and polarization, gender and ethnic disparities, declining social mobility, economic fragility, unbalanced growth due to technology and globalization, and existential danger from climate change are urgent global concerns of our day. These issues are intertwined. They therefore require a holistic framework to examine their interplay and bring the various strands together. Leading academic economists have partnered ...
The World Bank Research Program, 2005-2007
This pocket-sized reference on key environmental data for over 200 countries includes key indicators on agriculture, forestry, biodiversity, energy, emission and pollution, and water and sanitation. The volume helps establish a sound base of information to help set priorities and measure progress toward environmental sustainability goals.
US-Guatemala Remittance Corridor
This study gives an overview of the intermediation of worker remittance flows from the United States to Guatemala. In contrast to other remittance corridors in the world, most transfers in this corridor are channeled in the United States through the formal sector, and distributed in Guatemala through the banking system. However, both senders and receivers have little access to financial products and services. This study argues that in a country characterized by high income inequality and low and concentrated access to credit, the large role played by domestic banks in distributing remittances seems promising in terms of creating a point of contact that could lead to cross-sales of other financial services. The report also argues that authorities have an important coordination and catalytic role to play, for increased efficiency in remittance intermediation, fostering competition, and ultimately highlighting the potential for greater access. The report concludes with specific avenues for further policy action in terms of transparency, regulatory environment, financial literacy and access, risk
South Asian Migration
International migration is a dynamic global phenomenon that has been drawing increasing attention from both scholars and policymakers over the last few decades. It is particularly relevant to South Asia, since the region is a vast source of “sojourner” migrant labour, as well as home to permanent immigrant and diaspora communities. The chapters brought together in this volume provide insights into the study of international migration, diaspora engagement and remittances in South Asia. In particular, they analyse the implications of this phenomenon in relation to development and shed light on migration- and diaspora-led development in two sections: firstly, “Remittance-Induced Developme...
Transnational Labour Migration, Remittances and the Changing Family in Asia
The contributors investigate the inter-relationships between migrant remittances and the family in Asia. They argue that, in the context of Asian transnational labour migration where remittances tend to become a primary currency of care, the making or breaking of the family unit is mainly contingent on how individuals handle remittance processes.
