Evolving Informal Remittance Methods of Myanmar Migrant Workers in Thailand
Koji Kubo
No DP-2015-45, Working Papers from Economic Research Institute for ASEAN and East Asia (ERIA)
Abstract:
We shed light on diverse informal remittance methods of Myanmar migrant workers in Thailand. Based on the questionnaire survey of migrant workers, we examine the determinants in their choice of informal remittance methods. The empirical results indicate that the accessibility of payment points in Myanmar is an important determinant; migrants sending remittances to town can choose potentially more efficient operators who employ bank branches as payment points. On the assumption that informal operators’ use of bank branches stimulates competition among them, we argue that expanding branch network of Myanmar banks adds to efficiency of the informal remittance market.
Keywords: migrant worker remittances; informal remittance methods; Myanmar (search for similar items in EconPapers)
JEL-codes: E26 O16 O17 (search for similar items in EconPapers)
Pages: 42 pages.
Date: 2015-06
New Economics Papers: this item is included in nep-mac, nep-mig and nep-sea
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Citations: View citations in EconPapers (4)
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Persistent link: https://EconPapers.repec.org/RePEc:era:wpaper:dp-2015-45
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