Showing 1 - 10 of 49
International migration is an essential element of economic integration. Yet, the intraregional movement of people and labor in Asia and the Pacific has stagnated in recent years even as the flow of goods, services, and investment have steadily risen. This paper examines key factors driving the...
Persistent link: https://www.econbiz.de/10012110449
Remittances from overseas can encourage human capital investment and improve educational outcomes in developing countries. Empirical studies, however, have shown mixed evidence at best. This paper uses a 5-year panel dataset that tracks the same 3,000 households and 8,000 individuals through...
Persistent link: https://www.econbiz.de/10012523520
This paper relies on recent proprietary data from the People's Republic of China's (PRC) poor rural minority areas to examine the importance of credit constraints on internal labor migration. Specifically, a liquidity shock via the PRC's minimum living standard assistance (MLSA) program is...
Persistent link: https://www.econbiz.de/10012014255
It has been argued that the adverse impact of skilled versus unskilled labor migration can be mitigated or even offset by the fact that skilled migrants remit more than unskilled ones. This paper contributes to the much debated and so far unresolved related issue of whether remittances actually...
Persistent link: https://www.econbiz.de/10003758453
The nature of South-South international economic relations has changed significantly in recent decades, especially since the early 1990s. In areas such as trade, investment, labor markets, technology, and policy coordination, regional cooperation between countries of the South and pro-market...
Persistent link: https://www.econbiz.de/10009301853
The Philippines is often referred to as a country from which export of services rather than manufactured goods is the principal engine for economic growth, as the share of the service sector in gross domestic product has exceeded that of the industry sector since the mid-1980s. Three major...
Persistent link: https://www.econbiz.de/10010192337
Remittances are an important source of external financing in Pakistan, amounting to around 10% of gross domestic product in 2021. As such, an appropriate understanding of the key macroeconomic drivers of remittances has important policy implications. Combining a database of bilateral remittances...
Persistent link: https://www.econbiz.de/10014576074
Income growth in rural areas may be one of the greatest challenges to further poverty reduction and economic development. Using a new survey of rural Bhutanese households we investigate the short-term economic, social, and psychosocial benefits of a vocational skills training program that was...
Persistent link: https://www.econbiz.de/10009301867
This paper constructs a theoretical model to study labor market regulations in developing countries within the context of structural transformation. When workers are risk averse and the market for insurance against labor income risk is missing, regulations that provide insurance to workers (such...
Persistent link: https://www.econbiz.de/10011820985
The world faces growing challenges of aging populations. Asia is no exception with rapidly increasing life expectancies and falling fertility rates. To help policy makers address these issues, this paper examines three sociopolicy options: (i) extending the retirement age, (ii) augmenting labor...
Persistent link: https://www.econbiz.de/10011579728