This paper takes a close look at the impact of large-scale overseas emigration - and the resultant inflow of migrant remittances - on the local economy of Mirpur District in Pakistan. No other District in Pakistan has seen a higher proportion of its population engage in transnational migration...

The document contains a paper submitted for consideration by the House of Commons Select Committee on International Development in the course of the inquiry into Migration and Development. It is largely a product of the author's longstanding interest in migratory flows from the Punjab region of...

This report presents a global account of the historical relationship between migration, industrialization and economic growth, and then goes on to present an empirical examination of the dynamics immigration from Mirpur (Pakistan) and Jullundur (India) to the UK. It closes by considering the...

Migration has brought about, and continues to be responsible for, some of the most momentous social, economic, and political changes in the contemporary world. Over the years, millions of people have moved from their rural homes in search of better paid work, usually in cities many thousands of...

Presented at a workshop at the Centre for the Study of Financial Innovation, this document explores the logistical solutions deployed within contemporary Hawala-style value transmission systems. It suggests that those frustrated by the lack of an effective global payments system for retial...

Roger Ballard dissects the Treasury proposals for upgrading the UK's current regulartory structure for MSBs in the light of his knowledge of the operation of contemporary IVTS/Hawala system, as well as an analyis of developments in the USA which has been set out by Nikos Passas in a recently...

Within days of the 9/11 attacks, American authorities prepared to wage war on terror on both financial and military fronts. As the Taliban fled Kabul in the face of advancing American forces, U.S. Treasury Secretary Paul O'Neill announced he was forging a global alliance through which "we are...

A comprehensive overview of the development of contemporary IVTS networks operating within a hawala format, exploring the way in which coalitions of reciprocity are utilized to underwrite system security within such networks, such that they work smoothly and efficiently despite the absence of...

As globalization has led to ever higher levels of labour mobility, so the volume of funds remitted to their families by workers employed in countries far distant from their homes has increased by leaps and bounds. The total volume of such transfers currently amounts to over $100 billion per...

The document contains a comprehensively revised version of a paper presented to a World Bank Conference on Migrant Remittances: development impact, opportunities for the financial sector and future prospects. The meeting took place in 2003.