Responding to the Impact of the Global Financial Crisis on International Migration
Author:
Publisher:
Published: 2009
Total Pages: 43
ISBN-13:
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The Impact of Financial Crises on International Migration
Author: Khalid Koser
Publisher: UN
Published: 2009
Total Pages: 0
ISBN-13: 9789211036695
DOWNLOAD EBOOK"The current global economic crisis is impacting migration patterns and processes around the world. A reduction in migration flows globally has been reported, and in particular declines in irregular migration flows have been observed in some regions. The World Bank has reported a slowdown in the rate of increase of remittances on a global level, although with important regional variations. There are regular reports from around the world of migrant workers being laid off, and while some migrant workers are apparently returning home, others are choosing to stay. How to respond to these migration impacts poses a number of challenges for policymakers in both countries of origin and destination. Against this background, this report considers the lessons for migration policy to be learned from the five major financial crises of the 20th Century, namely the Great Depression of the 1930s, the Oil Crisis of 1973, the Asian financial crisis of 1997-99, the financial crisis in Russia at the end of 1998, and the Latin American financial crisis of 1998-2002. As the impact of previous financial crises on migrants and migration has been uneven and unequal across countries and regions, depending on a range of factors, this report draws out the wider lessons for policy that can be learned from previous responses to economic crises. The report is divided into four main sections: 1) an overview of the five crises considered, analysing the extent to which the migration experiences and policies of earlier financial crises are directly applicable to the current context; 2) an assessment of the impact of earlier crises on migration patterns and processes for migrant workers and their families, and for origin and destination economies and societies; 3) the development of a typology for categorizing the policy responses that affected migrants and migration in the context of earlier crises; 4) lessons learned for migration policy in response to the global economic crisis." -- Publisher's website.
Migration and Remittances During the Global Financial Crisis and Beyond
Author: Ibrahim Sirkeci
Publisher: World Bank Publications
Published: 2012-05-30
Total Pages: 471
ISBN-13: 0821388266
DOWNLOAD EBOOKDuring the 2008 financial crisis, the possible changes in remittance-sending behavior and potential avenues to alleviate a probable decline in remittance flows became concerns. This book brings together a wide array of studies from around the world focusing on the recent trends in remittance flows. The authors have gathered a select group of researchers from academic, practitioner and policy making bodies. Thus the book can be seen as a conversation between the different stakeholders involved in or affected by remittance flows globally. The book is a first-of-its-kind attempt to analyze the effects of an ongoing crisis on remittance flows globally. Data analyzed by the book reveals three trends. First, The more diversified the destinations and the labour markets for migrants the more resilient are the remittances sent by migrants. Second, the lower the barriers to labor mobility, the stronger the link between remittances and economic cycles in that corridor. And third, as remittances proved to be relatively resilient in comparison to private capital flows, many remittance-dependent countries became even more dependent on remittance inflows for meeting external financing needs. There are several reasons for migration and remittances to be relatively resilient to the crisis. First, remittances are sent by the stock (cumulative flows) of migrants, not only by the recent arrivals (in fact, recent arrivals often do not remit as regularly as they must establish themselves in their new homes). Second, contrary to expectations, return migration did not take place as expected even as the financial crisis reduced employment opportunities in the US and Europe. Third, in addition to the persistence of migrant stocks that lent persistence to remittance flows, existing migrants often absorbed income shocks and continued to send money home. Fourth, if some migrants did return or had the intention to return, they tended to take their savings back to their country of origin. Finally, exchange rate movements during the crisis caused unexpected changes in remittance behavior: as local currencies of many remittance recipient countries depreciated sharply against the US dollar, they produced a “sale” effect on remittance behavior of migrants in the US and other destination countries.
The Global Economic Crisis and Migration
Author: Christof Roos
Publisher: Routledge
Published: 2018-10-18
Total Pages: 253
ISBN-13: 1351385135
DOWNLOAD EBOOKOffering an in-depth analysis of the impact of the economic crisis (2008–2012) on immigration movements and policies in the U.S. and Europe, the analysis in this book is guided by two key questions: What is the scope of change?; and did the crisis motivate this change or did other factors do so? The contributions to the book find that the crisis had immediate effects on migration patterns – migrants left crisis-stricken countries, naturalised in non-crisis countries where they had previously settled, or stopped migrating to formerly attractive countries which had been negatively affected by the crisis. Whereas prior to the crisis the majority of migrants were highly-skilled, during the crisis there was a shift to vulnerable groups such as low-skilled workers and women. The book also finds that migration policies have indeed changed in times of crisis. However, these changes are neither exclusively restrictions nor liberalisations, but encompass changes in both directions. Despite the coincidence of many policy changes with the crisis, these changes are not primarily induced by the crisis. Instead, politicians rhetorically used the crisis to promote both liberal and restrictive policy changes which were already in the making before the crisis. This book was originally published as a special issue of the Journal of Ethnic and Migration Studies.
The Global Economic Crisis and Migrant Workers
Author: Ibrahim Awad
Publisher:
Published: 2009
Total Pages: 71
ISBN-13: 9789221229339
DOWNLOAD EBOOKAnalyses the actual and potential impact of the global crisis on international migrant workers through a focus on four issue areas. These are the employment and migration opportunities available to migrant workers, including changes in the demand for migrant labour and possible return to countries of origin; the volume of financial remittances sent by migrant workers to their families; situations of discrimination and xenophobia that may confront migrant workers along with their conditions of work and; the policies that both countries of destination and origin have put in place to deal with the impact of the crisis.
Impact of the Global Financial Crisis on Migration and Remittances
Author: Sanket Mohapatra
Publisher:
Published: 2012
Total Pages:
ISBN-13:
DOWNLOAD EBOOKRemittances to developing countries are estimated to have declined by 6.1 percent in 2009 as a result of weak job markets in major destination countries. Although new migration has fallen, it is still positive. The stock of international migrants, therefore, has continued to grow and remittances have remained resilient. Going forward, remittance flows to Latin America are expected to recover, whereas those to East Asia and South Asia are likely to slow. Policy responses should involve efforts to facilitate migration and remittances to make these flows cheaper, safer, and more productive for both the sending and the receiving countries.
Migrant Integration in Times of Economic Crisis
Author: Patrick R. Ireland
Publisher: Springer
Published: 2017-08-04
Total Pages: 130
ISBN-13: 3319581007
DOWNLOAD EBOOKThis book examines how the severe economic downturn following the 2007-2008 financial crisis affected the structural integration and quality of life of urban migrants in Europe and North America. It compares the experiences of migrants from Poland, Romania, Serbia, Pakistan, and Ghana in five similar, secondary global cities of Hamburg (Germany), Barcelona (Spain), Chicago (USA), Toronto (Ontario, Canada), and Montréal (Québec, Canada) over the period of 2000-2015. The work uses statistical analysis to gauge changes in residential segregation and structural integration (such as unemployment, poverty, and social assistance rates). It then provides qualitative analyses of individual city neighborhoods where the target migrant groups have settled, exploring each community's unique evolution and the ambivalent impact that local policy responses have had on their quality of life. With this study, researchers, instructors, students, and policymakers with an interest in migration, urban development, and global cities will be far more knowledgeable of both the potential and limits of policy efforts.
Impact of Global Crisis on Migrant Workers and Families
Author: Asian Development Bank
Publisher: Asian Development Bank
Published: 2013-04-01
Total Pages: 282
ISBN-13: 9292540602
DOWNLOAD EBOOKThis publication examines the impact of the crisis among migrant workers and their families---with gender perspective---to provide useful information for better evidence-based policy making. Based on household surveys in Indonesia and the Philippines, the results show that women are in worse condition and are more vulnerable than men. Women migrants still have lower education and skills, reflected in their inferior jobs. They face greater difficulties in reintegration when they return, forcing them to return abroad. Women also bear a heavier burden due to their gendered role in the family, and those who stay are more often unemployed or in vulnerable employment. Moreover, despite strong views that the man should be the breadwinner and the one going abroad, the increasing feminization of current migration indicates that necessity is a strong push factor forcing more women to go abroad. These findings further strengthen the call for considering gender in migration policies.
Global Economic Prospects 2006
Author:
Publisher: World Bank Publications
Published:
Total Pages: 182
ISBN-13: 082136345X
DOWNLOAD EBOOKInternational migration, the movement of people across international boundaries to improve economic opportunity, has enormous implications for growth and welfare in both origin and destination countries. An important benefit to developing countries is the receipt of remittances or transfers from income earned by overseas emigrants. Official data show that development countries' remittance receipts totaled 160 billion in 2004, more than twice the size of official aid. This year's edition of Global Economic Prospects focuses on remittances and migration. The bulk of the book covers remittances.
Case Study on South-South Cooperation: PRC-ADB Knowledge-Sharing Platform
Author: Asian Development Bank
Publisher: Asian Development Bank
Published: 2012-08-01
Total Pages: 272
ISBN-13: 9290928336
DOWNLOAD EBOOKThis publication showcases the beginnings of the People‘s Republic of China–Asian Development Bank knowledge sharing platform, its context, activities, challenges, and lessons learned. It concludes by mapping out the next steps to bring it to its strategic mission.
