Remittances

African migrants pay high prices to send money home

Date: 06/03/2013 - 08:45

New data from the World Bank has revealed that African migrants pay more to send money home to their families than any other migrant group in the world. 

While South Asians pay an average of US$6 for every $100 they send home, Africans often pay more than twice that - and in South Africa, which has the highest remittance costs on the continent, nearly 21 percent of money set aside for family members back home is spent on getting it there.

Migrants struggle to maintain cashflow to home

Date: 21/01/2013 - 08:48

For developing countries, the money sent home by emigrants is often a vital financial lifeline. It's money that can spell the difference between poverty and being able to put meals on a table or providing for an education.

It wasn't so long ago that Irish emigrants did the exact same thing, sending money home to Ireland from the United States or the UK to shore up family coffers back home.

Harnessing Remittances and Diaspora Knowledge to Build Productive Capacities

Date: 27/11/2012 - 11:46

The LDC 2012 report notes that nationals of the globe’s 48 LDCs sent home some US$27 billion in 2011. It recommends that LDC governments should strive to employ this vast resource – which largely goes in private transfers directly to families – to improve the breadth and abilities of their economies.

International migration and over-indebtedness: the case of Filipino workers in Italy

Date: 27/11/2012 - 09:56

Remittances from international migrants are a crucial component of the economy of the Philippines and a vital resource for many households, increasingly so as the prices of basic commodities skyrocket as a result of the current global financial crisis.

The latter also affects Italy, a main destination for Filipino migrants, with declining demand for workers in domestic and care services where migrants concentrate. The upshot is growing levels of indebtedness among Filipino migrants.

The remittances framework in Lesotho

Date: 14/11/2012 - 10:37

The ACP Observatory on Migration presents its first final research report on the “Remittances framework in Lesotho: Assessing policies and practices promoting the multiplier effect”. The research has been carried out by the Lesotho Institute for Public Affairs and Management (LIPAM) and coordinated by the Southern African Migration Programme (SAMP).

El microseguro, una solución para los migrantes y las compañías de seguro

Date: 30/10/2012 - 12:12

Los migrantes con frecuencia actúan como un seguro informal cuando su familia enfrenta alguna adversidad en el país de origen, pero ellos mismos tienden a ser vulnerables y a tener un acceso limitado a la protección social en el país de destino. 

El seguro puede ayudar a enfrentar algunos de los riesgos a los que están expuestos, pero los seguros con frecuencia son costosos, complejos y de difícil acceso para muchos migrantes de bajos ingresos. 

La microassurance, une solution avantageuse pour les migrants et les assureurs

Date: 30/10/2012 - 12:10

Les migrants font souvent office d’assurance informelle quand l’adversité frappe leur famille restée au pays, mais ils ont eux-mêmes tendance à être vulnérables et ont un accès limité à la protection sociale dans les pays d’accueil. 

L’assurance peut aider à traiter certains des risques encourus mais elle est souvent trop onéreuse, complexe et difficile d’accès pour les migrants à faibles revenus. 

The win-win potential of microinsurance for migrants

Date: 30/10/2012 - 12:08

Migrants often serve as the equivalent of an informal insurance policy when adversity strikes their families back home but they themselves tend to be vulnerable and have limited access to social protection in host countries. 

Insurance could help address some of the risks involved but it is often too costly, complex and difficult to access for many low-income migrants. 

Fairness for Migrants Sending Money Home

Date: 30/08/2012 - 08:24

One of the key reasons people migrate is the hope of earning sufficient money to help support loved ones in home countries. These migrants are faced with an entangled web of challenges when transmitting money – such as uncertainty about the most basic element of the transaction: how much money will actually get home?

Global Mobility Unaffected by Financial Crisis, as Remittances Remained Resilient

Date: 16/06/2012 - 14:54

The global financial crisis of 2008/09 has not sent migrant workers streaming back home, despite worsening employment prospects and anti-immigration rhetoric in some destination countries, says a new book on migration and remittances, published by the World Bank.

In fact, migrants may have mitigated some of the pain of the crisis as they tend to work for lower wages, receive fewer benefits and rely relatively little on the state, says the‘Migration and Remittances during the Global Financial Crisis and Beyond’ book.

Décembre 18: Centre international de plaidoyer et de ressources sur les droits humains des travailleurs migrants.

Décembre 18 est une ONG dotée du statut consultatif spécial auprès du Conseil économique et social des Nations Unies

Le soutien financier aux frais de fonctionnement vient de Inter Pares (Canada) et Oxfam-Novib (Pays-Bas).

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