Migrant Remittances

2015 ◽  
Vol 1 (4) ◽  
pp. 463-489 ◽  
Author(s):  
Benjamin Waddell
Keyword(s):  
International Development ◽  
World Bank ◽  
Policy Makers ◽  
The World Bank ◽  
The World ◽  
Migrant Remittances ◽  
To Come ◽  
Development Outcomes ◽  
The International Monetary Fund ◽  
Positive Effect

Untapped resources are hard to come by in the realm of international development. Migrant remittances, however, represent a relatively unexploited resource bank for developing countries. Still, researchers often debate the degree to which migrant remittances actually incite community development in practice. I rekindle the this theoretical discussion by comparing the development effects of household remittances with investments made through the remittance-channeling program 3×1 para migrantes in Guanajuato, Mexico. Regression analysis demonstrates that household remittances repress development outcomes across Guanajuato's 46 municipalities, while remittances invested through the 3×1 program have a positive effect on indicators of municipal wellbeing, including healthcare, education, and income. To my knowledge, this is the first attempt to systematically compare the development effects of household remittances with the development outcomes of remittances transferred through a government-supported program like 3×1 para migrantes. This research has meaningful implications for policy makers in migrant-sending regions around the world as well as agents of international development such as the International Monetary Fund and the World Bank.

The Real World Heritage Conservation and Development

2002 ◽  
Vol 24 (3) ◽  
pp. 50-51
Author(s):  
Rob Winthrop
Keyword(s):  
International Development ◽  
World Bank ◽  
Development Policy ◽  
Structural Adjustment ◽  
Heritage Conservation ◽  
The World Bank ◽  
The World ◽  
Neoliberal Economics ◽  
Fiscal Austerity ◽  
The International Monetary Fund

This is a troubled time for development policy, and for the institutions that define it. The World Bank, the International Monetary Fund, and the World Trade Organization have been subjected to an unprecedented barrage of criticism. Since the disastrous 1999 WTO meeting in Seattle, the conspicuous failures of development policy—structural adjustment, the Asian financial crisis, and the unraveling of the post-Soviet economies—have become a matter of public debate. Critics of development have directed much of their fire at the assumptions of neoliberal economics, which prescribes fiscal austerity, monetary stability, trade liberalization, and a minimalist role for government. But it is less often recognized that development economics is in the midst of its own debate, which in tandem with the voices of outside critics may portend interesting changes in the practice of institutions such as the World Bank. Through such debates, and the innovative programs they may engender, anthropologists may find new intellectual and practical connections with the field of international development.

Global Food Crisis Response Program: A World Bank initiative for food security and hunger fight (An analysis)

2015 ◽  
Vol 2 (10) ◽  
pp. 5
Author(s):  
Nouman Keith
Keyword(s):  
International Development ◽  
World Bank ◽  
Crisis Response ◽  
Food Crisis ◽  
International Bank ◽  
The World Bank ◽  
The World ◽  
To Come ◽  
Global Food ◽  
Global Food Crisis

The World Bank reacted quickly to the food price crisis that began in 2008 through the Global Food Crisis Response Program (GFRP), which blends quick track financing from International Development Association (IDA) and IBRD (International Bank for Reconstruction and Development) with trust asset grants to address the prompt food emergency, while urging agrarian frameworks to fabricate flexibility for what's to come. GFRP assets have as of now financed operations adding up to US$1.5 billion coming to about 40 million affected individuals in 44 nations. This paper reviews the achievement of the intended objectives which were underlining for conceptualizing the idea.

Unveiling the Theoretical Mistakes in the World Bank Formation and its Implication on Survival of Africa Monetary Union

2019 ◽  
Vol 10 (1) ◽  
pp. 119-124
Author(s):  
Olatunji Abdul Shobande ◽  
Kingsley Chinonso Mark
Keyword(s):  
World Bank ◽  
Monetary Union ◽  
Political Interest ◽  
World Bank Group ◽  
Policy Makers ◽  
The World Bank ◽  
The World ◽  
Bank Group ◽  
The Stability ◽  
Developed Nations

Abstract The quest for urgent solution to resolve the world liquidity problem has continued to generate enthusiastic debates among political economists, policy makers and the academia. The argument has focused on whether the World Bank Group was established to enhance the stability of international financial system or meant to enrich the developed nations. This study argues that the existing political interest of the World Bank Group in Africa may serve as lesson learned to other ambitious African Monetary Union.

Repercussions of the economic reform policies on the urban poor in Egypt

2009 ◽  
Vol 2 (1) ◽  
pp. 73-89 ◽  
Author(s):  
Ali El-Din Abd El-Badee Al-Qosbi
Keyword(s):  
World Bank ◽  
Economic Reform ◽  
Urban Poor ◽  
International Market ◽  
Urban Society ◽  
Access To Education ◽  
The World Bank ◽  
The World ◽  
The International Monetary Fund ◽  
Consistent Problem

As a result of empirical data gathered through sociological surveys, the author argues persuasively that Egyptian economic reform policies – largely based on structural readjustment and rehabilitation programmes devised by the International Monetary Fund (IMF) and the World Bank – have adversely affected the most seriously impoverished sectors of Egyptian urban society. The paper examines the correlation between theoretical suppositions of predicted adverse effect on this sector and actual repercussions as evidenced in such indicators as healthcare, sanitation, employment and access to education. While poverty has been a consistent problem and while these policies – which were undertaken in the context of increasing integration into the international market – cannot be blamed for its original occurrence, there is persuasive evidence that they have caused measurable harm, compounded existing inequities and increased the marginalization of Egypt's urban poor who appear to have been among the most adversely affected in the population as a result of the various initiatives.

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