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...

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Bibliographic Details
Main Authors:	Maimbo, Samuel Munzele, Adams, Richard H. Jr., Aggarwal, Reena, Passas, Nikos
Format:	Publication
Language:	English en_US
Published:	Washington, DC: World Bank 2012
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 http://hdl.handle.net/10986/7426

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Summary:	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.

Migrant Labor Remittances in South Asia

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