International Migration and Technological Progress

Along with international trade and foreign direct investment (FDI), international migration is an important channel for the transmission of technology and knowledge. However, the direction and scale of technology flows that result from international migration are less clear than for FDI and trade. Remittances to developing countries have grown steadily in recent years, reaching an estimated $240 billion in 2007, and are now larger than FDI and equity inflows in many countries, especially small, low-income countries. Remittances can support the diffusion of technology by reducing the credit constraints of receiving households and encouraging investment and entrepreneurship. Remittance flows have also contributed to the extension of banking services (often by using innovative technologies), including microfinance, to previously unserved, often rural sectors.

Bibliographic Details

Main Authors:	Burns, Andrew, Mohapatra, Sanket
Language:	English
Published:	World Bank, Washington, DC 2008-02
Subjects:	ADVANCED DEGREES, BANKING SERVICES, BRAIN DRAIN, CAPACITY BUILDING, CAPITA INCOME, CITIZENS, COUNTRIES OF ORIGIN, COUNTRY OF ORIGIN, CREDIT CONSTRAINTS, DATA ON REMITTANCES, DEVELOPING COUNTRIES, DEVELOPMENT IMPACT OF REMITTANCES, DIASPORA, ECONOMIC IMPLICATIONS, EDUCATED CITIZENS, EMIGRATION, EMPLOYMENT, ENGINEERING, ENGINEERS, ENTREPRENEURIAL ACTIVITIES, EXCHANGE RATE, FINANCIAL SERVICES, FOREIGN DIRECT INVESTMENT, FOREIGN STUDENTS, GLOBAL DEVELOPMENT, GROSS NATIONAL INCOME, HIGHLY EDUCATED INDIVIDUALS, HOME COUNTRIES, HOME COUNTRY, HOST COUNTRIES, HOST COUNTRY, HUMAN CAPITAL, HUMAN DEVELOPMENT, HUMAN RESOURCES, IMMIGRANT, IMMIGRATION, INCOMES, INCREASE IN REMITTANCES, INFORMAL ECONOMY, INFORMATION TECHNOLOGY, INTERNATIONAL LABOUR ORGANISATION, INTERNATIONAL MIGRANTS, INTERNATIONAL MIGRATION, INTERNATIONAL MOBILITY, INTERNATIONAL ORGANIZATION FOR MIGRATION, INTERNATIONAL TRADE, KNOWLEDGE NETWORKS, LOCAL GOVERNMENTS, LOW-INCOME COUNTRIES, MIDDLE EAST, MIGRANT NETWORKS, MIGRANT WORKER, MIGRANT WORKER REMITTANCES, MIGRATION, MONEY TRANSFERS, NET TRANSFER, OUTSOURCING, POLICY MAKERS, POLICY RESEARCH, POLICY RESEARCH WORKING PAPER, POLITICAL ENGAGEMENT, PROGRESS, REMITTANCE, REMITTANCE FLOWS, REMITTANCES, RESEARCH NETWORKS, RESEARCH PROGRAMS, RESEARCHERS, RETURN MIGRATION, RETURNEES, SAN, SCARCE RESOURCES, SCIENTIFIC KNOWLEDGE, SCIENTISTS, SKILLED INDIVIDUALS, SKILLED WORKERS, SMALL COUNTRIES, SOFTWARE INDUSTRY, SUB-SAHARAN AFRICA, TECHNOLOGICAL LEARNING, TECHNOLOGY DIFFUSION, TECHNOLOGY SECTOR, TECHNOLOGY TRANSFER, TEMPORARY MIGRATION, TERTIARY EDUCATION, TRAINING OPPORTUNITIES, TRINIDAD AND TOBAGO, WORK EXPERIENCE,
Online Access:	http://documents.worldbank.org/curated/en/2008/02/9247030/international-migration-technological-progress https://hdl.handle.net/10986/11021
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