Migrant Labor Remittances in South Asia

Richard H. Jr. Adams, Samuel Munzele Maimbo, Reena Aggarwal and Nikos Passas

No 7426 in World Bank Publications - Books from The World Bank Group

Abstract: 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.

Keywords: Gender-Gender; and; Development; Macroeconomics; and; Economic; Growth-Economic; Conditions; and; Volatility; Banks; and; Banking; Reform; Poverty; Reduction-Rural; Poverty; Reduction; Poverty; Reduction-Achieving; Shared; Growth; Finance; and; Financial; Sector; Development (search for similar items in EconPapers)
Date: 2005
ISBN: 978-0-8213-6183-2
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Citations: View citations in EconPapers (5)

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Persistent link: https://EconPapers.repec.org/RePEc:wbk:wbpubs:7426

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