How does income from international migrant labor affect the long-run development of migrant-origin areas? We leverage the 1997 Asian Financial Crisis to identify exogenous changes in international migrant income across regions of the Philippines, derived from spatial variation in exposure to...

The 2008 international economic crisis caused acceleration in the immigration debate in most of the traditional destination countries. While the macroeconomic collapse of the OECD countries affected first and hardest the immigrant workforce, it didn’t translate into a more favorable treatment...

Emerging markets and developing economies (EMDEs) weathered the 2009 global recession relatively well. However, the impact of the global recession varied across economies. EMDEs with stronger pre-crisis fundamentals - such as large foreign exchange reserves, sound fiscal positions, and low...