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This paper examines the structure of remittances originating from Switzerland. We find that while Switzerland is reported to be the third largest source of remittances worldwide, the vast majority of these outflows are wages earned by non-resident commuters from France, Italy and Germany. We further estimate that two-thirds of the remittances made by immigrants resident in Switzerland flow to European countries with high per capita income. These findings suggest that the development impact of is negligible compared to that of other major source countries. [PUB ABSTRACT]
1 Introduction. Remittances by migrant workers are increasingly seen as an important sour... transactions conducted through the banking system. Another possible method is to implement di...
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In the Asia-Pacific as many as 27 million more people could become unemployed this year, according to the International Labor Organization. Some 140 million others in the region's developing economies could be forced into extreme poverty. Asia's experience during the 1997 economic crisis provides evidence to back this projection. In Thailand, 95% of those laid off from the garment sector were women; in the toys sector, it was 88%. In South Korea, 86% of those who lost their financial services and banking jobs were female. Since the 1990s, the governments of many Asian countries have strengthened their social protection schemes but in many countries women still do not get equal access to social protection.
...Among migrant workers in developed economies, skilled women who ...
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The global financial crisis is not like a tsunami, giant wave sweeping everything in its path, but rather like a series of smaller waves with their impact accumulating over longer periods. Some developing countries will be impacted much more severely than others, but nobody will remain unaffected. The trade and investment impact will accumulate, with reduced remittances and fewer workers migrating. According to the IIF, the level of private capital likely to be invested in developing countries in 2009 will be down by 82%, relative to 2007. Two key variables in the official assistance scenario for developing countries are the flow of overseas development assistance and the availability of International Monetary Fund credits. Despite G-20 measures and fiscal stimulus across a number of ma...
... sovereign wealth investments in the banking and insurance sectors. These have taken a severe h...About 53 per cent of all (recorded) migrants from developing countries hold domicile in develop...
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... No 1612/68 for the members of a migrant worker' s family is subject to the requirement lai...