Remittances and the Economic Crisis

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dc.creatorBartolini, Laura
dc.creatorCastagnone, Eleonora
dc.date2015-05-19T20:56:03Z
dc.date2015-05-19T20:56:03Z
dc.date2015-03
dc.date.accessioned2026-07-01T00:51:02Z
dc.descriptionMonetary remittances represent the most visible transnational activity of migrants and can be considered as a function of migrant’s ability of producing savings from income and of remitting (supply side), and of the type of claims of family members, either left in the country of origin or residing abroad with the migrant (demand side). Hence, migrant’s remitting capacity is directly linked to the level of economic integration at destination. However, what happens to remittances when the labor market becomes uncertain and the earning potential decreases? Based on a recent survey, this paper explores the effect of the economic crisis on income trends and on the flow of monetary remittances sent to the families left home among three surveyed groups in Turin, Moroccans, Peruvians and Romanians. Results show a widespread worsening of the average economic conditions since the outbreak of the crisis in 2008. The protracted economic instability seems to have effects on migrants’ ability to keep remittance flows constant over time, with differentiated outcomes according to the national groups. While Moroccans show a higher propensity in receiving remittances, Peruvians are those who resist more to a remittance drop over the last five years. Beyond economic determinants, observed patterns in remittance trends can also be explained by migrant household characteristics in Italy and abroad and to unobserved variables (distance) related to the country of origin.
dc.formatapplication/pdf
dc.formattext/plain
dc.identifierhttp://documents.worldbank.org/curated/en/2015/05/24438302/remittances-economic-crisis-evidence-greenback-20-survey-italy-remittances-economic-crisis-evidence-greenback-20-survey-italy
dc.identifierhttps://hdl.handle.net/10986/21918
dc.identifierhttps://doi.org/10.1596/21918
dc.identifier.urihttp://hdl.handle.net/123456789/411930
dc.languageEnglish
dc.languageen_US
dc.publisherWorld Bank, Washington, DC
dc.rightsCC BY 3.0 IGO
dc.rightshttp://creativecommons.org/licenses/by/3.0/igo/
dc.rightsWorld Bank
dc.subjectMIGRANT GROUPS
dc.subjectEMPLOYMENT
dc.subjectIMMIGRANT
dc.subjectFINANCIAL SERVICES
dc.subjectCAPITA INCOME
dc.subjectWORKFORCE
dc.subjectFORMAL EDUCATION
dc.subjectACCOUNTING
dc.subjectMIGRANT FAMILY MEMBERS
dc.subjectINFORMAL SECTOR
dc.subjectINCOME
dc.subjectREMITTANCE INFLOWS
dc.subjectFAMILY STRUCTURE
dc.subjectREMITTANCE
dc.subjectLABOR FORCE
dc.subjectECONOMIC NEEDS
dc.subjectWELFARE SYSTEM
dc.subjectVARIATION IN REMITTANCES
dc.subjectIMMIGRANTS
dc.subjectHEALTH CARE
dc.subjectWELFARE
dc.subjectLEGAL STATUS
dc.subjectFEMALE EMPLOYMENT
dc.subjectEFFECTS
dc.subjectFAMILY MEMBERS
dc.subjectAMOUNT OF REMITTANCES
dc.subjectVARIABLES
dc.subjectHEALTH WORKERS
dc.subjectSEND REMITTANCES
dc.subjectDROP IN REMITTANCES
dc.subjectREMITTANCE FLOWS
dc.subjectANNUAL REMITTANCES
dc.subjectECONOMIC STABILITY
dc.subjectSEND MONEY
dc.subjectREMITTANCE OUTFLOWS
dc.subjectTRENDS
dc.subjectNATIVE WORKERS
dc.subjectDEVELOPMENT
dc.subjectLABOR MARKET
dc.subjectCONTRACTUAL ARRANGEMENTS
dc.subjectFEMALE MIGRANTS
dc.subjectPER CAPITA INCOME
dc.subjectTRAINING
dc.subjectINTERNATIONAL MIGRANT REMITTANCES
dc.subjectFAMILY CONSUMPTION
dc.subjectINCOME INEQUALITY
dc.subjectFAMILY REUNIFICATION
dc.subjectINTERNATIONAL REMITTANCES
dc.subjectSECONDARY SCHOOL
dc.subjectMIGRATION
dc.subjectTRANSFERS
dc.subjectNATURAL DISASTERS
dc.subjectCRITERIA
dc.subjectMARKETS
dc.subjectHIGH SCHOOL DIPLOMA
dc.subjectDISASTERS
dc.subjectMARRIAGE
dc.subjectINCOME LEVELS
dc.subjectLABOR
dc.subjectMIGRANTS
dc.subjectMIGRANT WORKFORCE
dc.subjectFINANCE
dc.subjectMIGRA
dc.subjectMIGRANT
dc.subjectVOCATIONAL TRAINING
dc.subjectINCOME SECURITY
dc.subjectMALE MIGRANTS
dc.subjectWAGES
dc.subjectWHO
dc.subjectHOME COUNTRY
dc.subjectGENDER DIFFERENCES
dc.subjectLAYOFF
dc.subjectMIGRANT REMITTANCES
dc.subjectFINANCIAL CRISIS
dc.subjectWOMAN
dc.subjectGENDER
dc.subjectDIVISION OF LABOR
dc.subjectECONOMIC SECTORS
dc.subjectLABOUR MARKET
dc.subjectMONETARY REMITTANCES
dc.subjectINTERNATIONAL MIGRANT
dc.subjectSECONDARY SCHOOL DIPLOMA
dc.subjectINCOMES
dc.subjectEMPLOYMENT GROWTH
dc.subjectMIGRANT WORKERS
dc.subjectECONOMIC SITUATION
dc.subjectECONOMICS
dc.subjectSOCIAL WELFARE
dc.subjectCITIZENS
dc.subjectMIGRANT FAMILY
dc.subjectSEX
dc.subjectTRADE
dc.subjectRESIDENCE STATUS
dc.subjectECONOMIC INTEGRATION
dc.subjectLEVEL OF EDUCATION
dc.subjectCITIZENSHIP
dc.subjectSECURITY
dc.subjectMIGRATORY PROCESS
dc.subjectRISK
dc.subjectMONETARY FLOWS
dc.subjectCONTRACTING
dc.subjectCRISES
dc.subjectIMMIGRATION
dc.subjectBARGAINING
dc.subjectSUPPLY
dc.subjectFOREIGN WORKERS
dc.subjectECONOMIC TRENDS
dc.subjectPOPULATION
dc.subjectMARITAL STATUS
dc.subjectCOUNTRIES OF DESTINATION
dc.subjectMIGRANT WOMEN
dc.subjectFOREIGN LABOR
dc.subjectWOMEN
dc.subjectCOUNTRY OF ORIGIN
dc.subjectLABOUR
dc.subjectREMITTANCES
dc.subjectOUTCOMES
dc.subjectOLDER RELATIVES
dc.subjectMIGRATION–DEVELOPMENT NEXUS
dc.subjectMONEY TRANSFERS
dc.subjectIMMIGRANT WORKERS
dc.subjectECONOMIC CONDITIONS
dc.subjectNATIONAL GROUPS
dc.subjectINEQUALITY
dc.titleRemittances and the Economic Crisis
dc.titleEvidence from the Greenback 2.0 Survey in Italy
dc.typeWorking Paper
dc.typeDocument de travail
dc.typeDocumento de trabajo

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