ENGLISH

Global Economic Prospects 2006

By World Bank

Book information

Year
2005
ISBN
0821363441, 9780821363447, 9780821363454
DOI
10.1596/978-0-8213-6344-7
Open Library ID
OL16354357M
Language
english
Format
PDF
Filesize
2 MB (2578144 bytes)
Pages
180\182
Topic
Economy
Time added
2011-06-04 13:46:07

Description

International migration, the movement of people across international boundaries to improve economic opportunity, has enormous implications for growth and welfare in both origin and destination countries. An important benefit to developing countries is the receipt of remittances or transfers from income earned by overseas emigrants. Official data show that development countries' remittance receipts totaled $160 billion in 2004, more than twice the size of official aid. This year's edition of 'Global Economic Prospects' focuses on remittances and migration. The bulk of the book covers remittances, including their size, determinants, development impact, and steps to strengthen financial infrastructure and reduce transaction costs. It also presents available data on migration flows and examines current thinking on issues pertaining to migration and its development impact.

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