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Openness, Economic Growth and Labour Migration in times of Global Downturn: with Special Reference to Asian Examples

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  • Kenneth E Jackson

Abstract

This paper starts by examining some of the variables that have been considered important determinants of openness and how views of these have changed over the last twenty years. It then considers the importance of migration and remittances back to countries of origin in such variables. It contrasts the growth of remittances with the growth of Aid, Trade and Foreign Investment and considers their effectiveness in combating poverty, as well as their absolute numbers. It ends with a reflection on how these variables may impact on the developing countries’ experience of the current financial recession, using the experience of some Asian countries as illustration and concludes that migration and remittances will play a pivotal role in determining the outcome for developing economies. URL:[http://www.devstud.org.uk/aqadmin/media/uploads/4ab77e1ecf5a5_3-jackson-dsa09.pdf].

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  • Kenneth E Jackson, 2011. "Openness, Economic Growth and Labour Migration in times of Global Downturn: with Special Reference to Asian Examples," Working Papers id:4488, eSocialSciences.
    • Handle: RePEc:ess:wpaper:id:4488
    Note: Institutional Papers
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    References listed on IDEAS

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    1. Lal, Deepak, 1995. "India and China: Contrasts in economic liberalization?," World Development, Elsevier, vol. 23(9), pages 1475-1494, September.
    2. Edward E. Leamer, 1988. "Measures of Openness," NBER Chapters, in: Trade Policy Issues and Empirical Analysis, pages 145-204, National Bureau of Economic Research, Inc.
    3. Nicholas Glytsos, 2005. "“Dynamic Effects of Migrant Remittances on Growth: An Econometric Model with an Application to Mediterranean Countries”. Discussion Paper, No. 74, KEPE, Athens, 2002," Labor and Demography 0505014, University Library of Munich, Germany.
    4. World Bank, 2008. "The Migration and Remittances Factbook 2008," World Bank Publications - Books, The World Bank Group, number 6383, December.
    5. Pritchett, Lant, 1996. "Measuring outward orientation in LDCs: Can it be done?," Journal of Development Economics, Elsevier, vol. 49(2), pages 307-335, May.
    6. Robert E. Baldwin, 1988. "Trade Policy Issues and Empirical Analysis," NBER Books, National Bureau of Economic Research, Inc, number bald88-2, March.
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