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MIGRATION - REMITTANCES - GENDER

 

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UN Wire - Migrant Economic Woes Have Global Ripple Effects


The world's 200 million migrant workers are feeling the pinch of the global economic crisis, finding it harder to provide for themselves while families back home slip deeper into poverty and suffer a more urgent need for their income. The resulting fall in remittances further threatens to disable cash-strapped developing economies, exacerbating already precarious economic conditions.

 

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The Economist

January 15, 2009

http://www.economist.com/world/international/displaystory.cfm?story_id=12932296

 

Global Migration & The Economic Downturn

 

The economic slump is battering migrants. For tens of millions of people working outside their homelands, life is becoming much more precarious. Images of the global labour market in the early 21st century are starting to fade as economic times get harder, both in countries that take in migrants and (partly as a result) in countries that send them out......

 

The past few years have shown how important remittances have become in alleviating poverty and spurring investment in poor countries. In some cases they account for bigger flows of capital than aid or foreign investment. They spread wealth from rich to poor countries, but now remittances are being squeezed......

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MIGRATION & REMITTANCES - WORLD BANK

 

http://econ.worldbank.org/WBSITE/EXTERNAL/EXTDEC/EXTDECPROSPECTS/0,,contentMDK:21121930~menuPK:3145470~pagePK:64165401~piPK:64165026~theSitePK:476883,00.html

 

Migration & Remittances Factbook 2008

March 2008 | Press Release

A snapshot of migration and remittances data for all countries, regions and income groups of the world, compiled from available data from various sources.

Online Version in
English |  Français |  Español |  العربية

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Outlook for Remittance Flows 2008-2010: Growth expected to moderate significantly, but flows to remain resilient
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November 2008
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Officially recorded remittance flows to developing countries are estimated to reach $283 billion in 2008, up 6.7 percent from $265 billion in 2007; but in real terms, remittances are expected to fall from 2 percent of GDP in 2007 to 1.8 percent in 2008. This decline, however, is smaller than that of private or official capital flows, implying that remittances are expected to remain resilient relative to many other categories of resource flows to developing countries.

Download PDF (491 KB) | Excel Data (259 KB)

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Protecting Temporary Workers: Migrant Welfare Funds from Developing Countries
October 2008

This brief describes how countries of origin governments can play a major role in protecting their migrants abroad through migrant welfare funds.  It shows that a welfare fund operated from the origin country and financed by migrants or their employers can offer a potential efficient solution to protecting migrants from vulnerable situations abroad.  Protecting migrant workers through welfare funds also comes with some challenges: finding the right balance of services, creating meaningful partnerships, building accountability with its members, and involving destination countries.

Download  PDF (114KB)





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