Revised Outlook for Remittance Flows 2009‐2011 : Remittances Expected to Fall by 5 to 8 Percent in 2009
The authors have revised forecasts for remittance flows in the light of a downward revision to the World Bank's global economic outlook. The authors now expect a sharper decline of 5-8 percent in 2009 compared to earlier projections outlined i...
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| Format: | Brief |
| Language: | English |
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World Bank, Washington, DC
2012
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| Online Access: | http://documents.worldbank.org/curated/en/2009/03/10419906/revised-outlook-remittance-flows-2009-2011-remittances-expected-fall-5-8-percent-2009 http://hdl.handle.net/10986/10990 |
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okr-10986-109902021-04-23T14:02:53Z Revised Outlook for Remittance Flows 2009‐2011 : Remittances Expected to Fall by 5 to 8 Percent in 2009 Ratha, Dilip Mohapatra, Sanket ANNUAL GROWTH ASSETS BASKET OF GOODS BENEFICIARIES BENEFICIARY CAPITAL FLOWS CURRENCY EXCHANGE DATA ON REMITTANCES DEPRECIATION DEVELOPING COUNTRIES ECONOMIC CRISIS ECONOMIC DOWNTURNS EMERGING MARKETS EQUITY FLOWS EXCHANGE RATE EXCHANGE RATE MOVEMENTS EXCHANGE RATES EXPENDITURE EXTERNAL FINANCING FAMILIES FINANCIAL CRISIS FINANCIAL SERVICES FOREIGN DIRECT INVESTMENT FOREIGN INVESTORS FOREIGN WORKERS GROWTH OF REMITTANCES GROWTH RATE HOME COUNTRIES HOME COUNTRY HOST COUNTRIES HOST COUNTRY HOUSEHOLDS ILLEGAL IMMIGRANTS INCOME INCOME SHOCKS INCOMES INFRASTRUCTURE DEVELOPMENT INFRASTRUCTURE INVESTMENTS INFRASTRUCTURE PROJECTS INSURANCE INVESTMENT PURPOSES LABOR MARKET LEGAL MIGRANTS LOCAL CURRENCY MIGRANT WORKERS MIGRANTS OIL PRICES OIL REVENUES PAYMENT OBLIGATIONS PORTFOLIO PORTFOLIO FLOWS PRIVATE CAPITAL PRIVATE CAPITAL FLOWS PRIVATE DEBT PUBLIC EXPENDITURE PURCHASING POWER REAL ESTATE REMITTANCE REMITTANCE FLOWS REMITTANCE INFLOWS REMITTANCE OUTFLOWS REMITTANCES REMITTANCES FOR INVESTMENT RESERVES RETURN SAVINGS SEND REMITTANCES SKILLED MIGRANTS SLOWDOWN SOCIAL SECURITY UNCERTAINTY UNEMPLOYMENT UNEMPLOYMENT INSURANCE VALUATION VALUE OF REMITTANCES WORK PERMITS The authors have revised forecasts for remittance flows in the light of a downward revision to the World Bank's global economic outlook. The authors now expect a sharper decline of 5-8 percent in 2009 compared to earlier projections outlined in migration and development brief 8 (report no. 46715). This decline in nominal dollar terms is small relative to the projected fall in private capital flows or official aid to developing countries. However, considering that officially recorded remittances registered double-digit annual growth in the past few years to reach an estimated $305 billion in 2008, an outright fall in the level of remittance flows as projected now will cause hardships in many poor countries. 2012-08-13T13:48:18Z 2012-08-13T13:48:18Z 2009-03 http://documents.worldbank.org/curated/en/2009/03/10419906/revised-outlook-remittance-flows-2009-2011-remittances-expected-fall-5-8-percent-2009 http://hdl.handle.net/10986/10990 English Migration and Development Brief; No. 9 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research :: Brief Publications & Research |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English |
| topic |
ANNUAL GROWTH ASSETS BASKET OF GOODS BENEFICIARIES BENEFICIARY CAPITAL FLOWS CURRENCY EXCHANGE DATA ON REMITTANCES DEPRECIATION DEVELOPING COUNTRIES ECONOMIC CRISIS ECONOMIC DOWNTURNS EMERGING MARKETS EQUITY FLOWS EXCHANGE RATE EXCHANGE RATE MOVEMENTS EXCHANGE RATES EXPENDITURE EXTERNAL FINANCING FAMILIES FINANCIAL CRISIS FINANCIAL SERVICES FOREIGN DIRECT INVESTMENT FOREIGN INVESTORS FOREIGN WORKERS GROWTH OF REMITTANCES GROWTH RATE HOME COUNTRIES HOME COUNTRY HOST COUNTRIES HOST COUNTRY HOUSEHOLDS ILLEGAL IMMIGRANTS INCOME INCOME SHOCKS INCOMES INFRASTRUCTURE DEVELOPMENT INFRASTRUCTURE INVESTMENTS INFRASTRUCTURE PROJECTS INSURANCE INVESTMENT PURPOSES LABOR MARKET LEGAL MIGRANTS LOCAL CURRENCY MIGRANT WORKERS MIGRANTS OIL PRICES OIL REVENUES PAYMENT OBLIGATIONS PORTFOLIO PORTFOLIO FLOWS PRIVATE CAPITAL PRIVATE CAPITAL FLOWS PRIVATE DEBT PUBLIC EXPENDITURE PURCHASING POWER REAL ESTATE REMITTANCE REMITTANCE FLOWS REMITTANCE INFLOWS REMITTANCE OUTFLOWS REMITTANCES REMITTANCES FOR INVESTMENT RESERVES RETURN SAVINGS SEND REMITTANCES SKILLED MIGRANTS SLOWDOWN SOCIAL SECURITY UNCERTAINTY UNEMPLOYMENT UNEMPLOYMENT INSURANCE VALUATION VALUE OF REMITTANCES WORK PERMITS |
| spellingShingle |
ANNUAL GROWTH ASSETS BASKET OF GOODS BENEFICIARIES BENEFICIARY CAPITAL FLOWS CURRENCY EXCHANGE DATA ON REMITTANCES DEPRECIATION DEVELOPING COUNTRIES ECONOMIC CRISIS ECONOMIC DOWNTURNS EMERGING MARKETS EQUITY FLOWS EXCHANGE RATE EXCHANGE RATE MOVEMENTS EXCHANGE RATES EXPENDITURE EXTERNAL FINANCING FAMILIES FINANCIAL CRISIS FINANCIAL SERVICES FOREIGN DIRECT INVESTMENT FOREIGN INVESTORS FOREIGN WORKERS GROWTH OF REMITTANCES GROWTH RATE HOME COUNTRIES HOME COUNTRY HOST COUNTRIES HOST COUNTRY HOUSEHOLDS ILLEGAL IMMIGRANTS INCOME INCOME SHOCKS INCOMES INFRASTRUCTURE DEVELOPMENT INFRASTRUCTURE INVESTMENTS INFRASTRUCTURE PROJECTS INSURANCE INVESTMENT PURPOSES LABOR MARKET LEGAL MIGRANTS LOCAL CURRENCY MIGRANT WORKERS MIGRANTS OIL PRICES OIL REVENUES PAYMENT OBLIGATIONS PORTFOLIO PORTFOLIO FLOWS PRIVATE CAPITAL PRIVATE CAPITAL FLOWS PRIVATE DEBT PUBLIC EXPENDITURE PURCHASING POWER REAL ESTATE REMITTANCE REMITTANCE FLOWS REMITTANCE INFLOWS REMITTANCE OUTFLOWS REMITTANCES REMITTANCES FOR INVESTMENT RESERVES RETURN SAVINGS SEND REMITTANCES SKILLED MIGRANTS SLOWDOWN SOCIAL SECURITY UNCERTAINTY UNEMPLOYMENT UNEMPLOYMENT INSURANCE VALUATION VALUE OF REMITTANCES WORK PERMITS Ratha, Dilip Mohapatra, Sanket Revised Outlook for Remittance Flows 2009‐2011 : Remittances Expected to Fall by 5 to 8 Percent in 2009 |
| relation |
Migration and Development Brief; No. 9 |
| description |
The authors have revised forecasts for
remittance flows in the light of a downward revision to the
World Bank's global economic outlook. The authors now
expect a sharper decline of 5-8 percent in 2009 compared to
earlier projections outlined in migration and development
brief 8 (report no. 46715). This decline in nominal dollar
terms is small relative to the projected fall in private
capital flows or official aid to developing countries.
However, considering that officially recorded remittances
registered double-digit annual growth in the past few years
to reach an estimated $305 billion in 2008, an outright fall
in the level of remittance flows as projected now will cause
hardships in many poor countries. |
| format |
Publications & Research :: Brief |
| author |
Ratha, Dilip Mohapatra, Sanket |
| author_facet |
Ratha, Dilip Mohapatra, Sanket |
| author_sort |
Ratha, Dilip |
| title |
Revised Outlook for Remittance Flows 2009‐2011 : Remittances Expected to Fall by 5 to 8 Percent in 2009 |
| title_short |
Revised Outlook for Remittance Flows 2009‐2011 : Remittances Expected to Fall by 5 to 8 Percent in 2009 |
| title_full |
Revised Outlook for Remittance Flows 2009‐2011 : Remittances Expected to Fall by 5 to 8 Percent in 2009 |
| title_fullStr |
Revised Outlook for Remittance Flows 2009‐2011 : Remittances Expected to Fall by 5 to 8 Percent in 2009 |
| title_full_unstemmed |
Revised Outlook for Remittance Flows 2009‐2011 : Remittances Expected to Fall by 5 to 8 Percent in 2009 |
| title_sort |
revised outlook for remittance flows 2009‐2011 : remittances expected to fall by 5 to 8 percent in 2009 |
| publisher |
World Bank, Washington, DC |
| publishDate |
2012 |
| url |
http://documents.worldbank.org/curated/en/2009/03/10419906/revised-outlook-remittance-flows-2009-2011-remittances-expected-fall-5-8-percent-2009 http://hdl.handle.net/10986/10990 |
| _version_ |
1764415115745034240 |