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Migrant Labor Remittances in South Asia

Author

Listed:
  • Samuel Munzele Maimbo
  • Richard H. Jr. Adams
  • Reena Aggarwal
  • Nikos Passas

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.

Suggested Citation

  • Samuel Munzele Maimbo & Richard H. Jr. Adams & Reena Aggarwal & Nikos Passas, 2005. "Migrant Labor Remittances in South Asia," World Bank Publications - Books, The World Bank Group, number 7426, December.
  • Handle: RePEc:wbk:wbpubs:7426
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    File URL: https://openknowledge.worldbank.org/bitstream/handle/10986/7426/343590PAPER0SA1or0OFFICIAL0USE0ONLY.pdf?sequence=1
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    Citations

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    Cited by:

    1. Deininger, Klaus & Jin, Songqing & Sur, Mona, 2007. "Sri Lanka's Rural Non-Farm Economy: Removing Constraints to Pro-Poor Growth," World Development, Elsevier, vol. 35(12), pages 2056-2078, December.
    2. Lasagabaster, Esperanza & Maimbo, Samuel Munzele & Hulugalle, Sriyani, 2005. "Sri Lanka's migrant labor remittances : enhancing the quality and outreach of the rural remittance infrastructure," Policy Research Working Paper Series 3789, The World Bank.
    3. Mohammad Joarder & Uddin Saleh, 2010. "Estimating the economic model of Hundi using micro-level data," Asia Europe Journal, Springer, vol. 8(1), pages 61-75, June.
    4. Adela Shera & Ardita Shehaj, 2014. "Economic crisis impact on Remittances and Migration level in Albania," Academicus International Scientific Journal, Entrepreneurship Training Center Albania, issue 10, pages 39-54, July.
    5. Zizi GOSCHIN & Bogdan ILEANU, 2013. "Remittances Sent To Eu New Member States: Do The Make A Difference For The Household Consumption?," Journal of Social and Economic Statistics, Bucharest University of Economic Studies, vol. 2(2), pages 22-38, DECEMBER.

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