Migrant Labor Remittances in South Asia

This paper provides a strategic overview of key issues relating to the remittance industry in the South Asia region. The paper builds on recent research on remittances that prominently features the South Asia region. Rather than duplicate that work, this study focuses only on the region's distinguishing characteristics, namely: a large migrant population of semiskilled and unskilled workers largely concentrated in the Persian Gulf countries, particularly Saudi Arabia and the United Arab Emirates, contributing to rising remittance flows; the presence of dedicated public institutions and government financial incentives aimed at facilitating and providing support for temporary migration and remittance inflows; the existence of large state bank branch networks with immense potential for a more effective and efficient remittance financial market; and the widespread use of trade-related informal remittance channels by both legal and illegal migrants.

Bibliographic Details

Main Authors:	Adams, Richard H. Jr., Maimbo, Samuel Munzele, Aggarwal, Reena, Passas, Nikos
Language:	English en_US
Published:	Washington, DC: World Bank 2005
Subjects:	ACCOUNTABILITY, AUTOMATED TELLER MACHINES, AVERAGE INCOME, BANK ACCOUNTS, BANK BRANCHES, BANKING SERVICES, BANKING SYSTEMS, CLEARING HOUSE, COMMERCIAL BANK, COMMERCIAL BANKS, COUNTRY DATA, DEPENDENT VARIABLE, DESCRIPTIVE STATISTICS, DEVELOPING COUNTRIES, DEVELOPING WORLD, DEVELOPMENT INDICATORS, DEVELOPMENT REPORT, DEVELOPMENT STRATEGY, ECONOMIC CONDITIONS, ECONOMIC DEVELOPMENT, ECONOMIC GROWTH, ECONOMIC POLICY, ECONOMICS, EMPLOYMENT, EMPLOYMENT OPPORTUNITIES, FAMILY WELFARE, FINANCIAL FLOWS, FINANCIAL INSTITUTIONS, FINANCIAL SECTOR, FINANCIAL SERVICES, FINANCIAL SYSTEMS, FOREIGN BANKS, FOREIGN EXCHANGE, GINI COEFFICIENT, GROSS DOMESTIC PRODUCT, HOUSEHOLD BUDGET, HOUSEHOLD SURVEY, HOUSING, IMPACT ON POVERTY, INCOME, INCOME DISTRIBUTION, INCOME INEQUALITY, INCREASED INVESTMENT, INDEPENDENT VARIABLES, INEQUALITY, INTERNATIONAL MIGRANTS, INTERNATIONAL MIGRATION, LABOR MARKETS, LEGISLATION, LONG RUN, LOTTERIES, MANAGEMENT INFORMATION SYSTEMS, MARGINAL PROPENSITY, MEAN INCOME, MIDDLE EAST, MIDDLE INCOME, MIGRANT, MIGRANT HOUSEHOLDS, MIGRANT WORKERS, MIGRANTS, MIGRATION EXPERIENCE, MONEY TRANSFERS, NATIONALIZED BANKS, NONBANK FINANCIAL INSTITUTIONS, NORTH AFRICA, OUTPUT GROWTH, PER CAPITA INCOME, POINT ESTIMATES, POLICY DISCUSSION, POLICY IMPLICATIONS, POLICY MAKERS, POOR, POVERTY DATA, POVERTY GAP, POVERTY GAP INDEX, POVERTY IMPACT, POVERTY LINE, POVERTY MEASURE, POVERTY MEASURES, POVERTY REDUCTION, PROFITABILITY, PUBLIC HOUSING, PUBLIC INFRASTRUCTURE, PUBLIC POLICY, REMITTANCE, REMITTANCES, RESERVE BANK OF INDIA, RURAL, RURAL ASSETS, RURAL COMMUNITIES, RURAL FAMILIES, RURAL HOUSEHOLDS, RURAL POOR, SAVINGS, SOUTH ASIAN, SQUARED POVERTY GAP, SQUARED POVERTY GAP INDEX, STATE BANK OF PAKISTAN, STATE BANKS, SUB-SAHARAN AFRICA, SUBSIDIARY, TRANSACTION COSTS, UNSKILLED WORKERS,
Online Access:	http://documents.worldbank.org/curated/en/2005/01/6427158/migrant-labor-remittances-south-asia https://hdl.handle.net/10986/7426
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