Inclusive Growth Analysis in Economies Prone to International Migration
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World Bank, Washington, DC
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Inclusive growth (IG) analysis involves
analyzing the available data in a country to determine the
best course of action for accelerating growth and or
improving the distribution of the opportunities and benefits
from the growth process. In economies in which international
migration is a significant trend, that determination may be
especially challenging. The international migration
phenomenon can contribute to (or detract from) growth and
its distribution through myriad number of complex and
sometimes divergent channels, and these effects can change
substantially over time. The ability to analyze these
impacts, however, is often significantly handicapped by a
lack of appropriate data. Moreover, because the migration
decision is inherently a private decision made by households
in the best interest of their welfare, determining the
policy conclusions based on the results of inclusive growth
analysis is often unclear. Governments are rightfully wary
of interfering with the migration process. This paper
examines the issue of international migration in inclusive
growth. The aim is to provide the practitioners of inclusive
growth diagnostics a useful framework for assessing the
nature of the international migration phenomenon, and to
highlight the key tools utilized in evaluating its current
and potential impact on shared growth.
Palabras clave
ACCESS TO FINANCE, ACCESS TO FINANCIAL SERVICES, ACCESS TO INFORMATION, ACCESS TO JOB, ACCESS TO LOANS, ACCOUNTING, ACCOUNTING FRAMEWORK, AGRICULTURAL PRODUCTION, BANK DEPOSITS, BANKING SECTOR, BANKING SYSTEM, BANKS, BENEFITS OF MIGRATION, BORROWING, BRAIN DRAIN, BRAIN-DRAIN, BUSINESS DEVELOPMENT, BUSINESS FORMATION, BUSINESS OWNERSHIP, CAPITAL ACCUMULATION, CAPITAL STOCK, CENSUSES, CENTRAL BANKS, CHILD CARE, CITIZENS, CITIZENSHIP, COLLATERAL, CONSEQUENCES OF MIGRATION, COOPERATIVE DEVELOPMENT, CORRUPTION, COST OF CAPITAL, COUNTRIES OF ORIGIN, COUNTRY OF DESTINATION, COUNTRY OF ORIGIN, CREDIT CONSTRAINT, CREDIT CONSTRAINTS, CREDIT RATING, CREDITS, CREDITWORTHINESS, CURRENT ACCOUNT, CUSTOMER BASE, DEBT, DEBT MANAGEMENT, DEMOGRAPHIC PROJECTIONS, DEPENDENCY RATIOS, DEPOSITS, DEVELOPING COUNTRIES, DEVELOPMENT GOALS, DEVELOPMENT OBJECTIVES, DISPARITIES IN ACCESS, DISSEMINATION, DISTRIBUTION OF INCOME, EARNINGS, ECONOMIC ACTIVITY, ECONOMIC AGENTS, ECONOMIC CHARACTERISTICS, ECONOMIC CONDITIONS, ECONOMIC CONTRIBUTION, ECONOMIC CONTRIBUTIONS, ECONOMIC DEVELOPMENT, ECONOMIC GROWTH, ECONOMIC POLICY, ECONOMIC TRENDS, EDUCATED MIGRANTS, EDUCATION LEVEL, EDUCATION SYSTEM, EDUCATIONAL ATTAINMENT, EMPLOYMENT OPPORTUNITIES, EMPLOYMENT STATUS, ENTREPRENEURSHIP, EQUILIBRIUM MODELS, EXCHANGE RATE, EXCHANGE RATES, EXPENDITURE, EXPENDITURES, EXPLOITATION, EXTERNALITIES, FAMILIES, FAMILY INCOME, FINANCIAL ACCESS, FINANCIAL DEVELOPMENT, FINANCIAL INSTITUTIONS, FINANCIAL INSTRUMENTS, FINANCIAL INTERMEDIATION, FINANCIAL MARKETS, FINANCIAL SERVICES, FINANCIAL SUPPORT, FOREIGN EXCHANGE, FORMAL BANKING, FORMAL BANKING SYSTEM, FUTURE GROWTH, GENDER, GLOBAL DEVELOPMENT, GOVERNMENT POLICIES, HEALTH CARE, HEALTH WORKERS, HOME COUNTRIES, HOST COUNTRIES, HOST COUNTRY, HOUSEHOLD INCOME, HOUSEHOLD LEVEL, HOUSEHOLD POVERTY, HOUSEHOLD SURVEYS, HOUSEHOLD WELFARE, HOUSEHOLDS, HOUSING, HUMAN CAPITAL, HUMAN RIGHTS, HUMAN RIGHTS OF MIGRANTS, ILLEGAL MIGRATION, IMMIGRANT, IMMIGRANTS, IMMIGRATION, IMMIGRATION POLICIES, IMMIGRATION POLICY, IMPACT OF MIGRATION, INCOME INEQUALITY, INCOME-GENERATING ACTIVITIES, INEQUALITIES, INEQUALITIES IN OPPORTUNITIES, INFLATION, INFLOW OF REMITTANCES, INSURANCE, INTEREST RATES, INTERNATIONAL FOOD POLICY RESEARCH INSTITUTE, INTERNATIONAL MIGRANTS, INTERNATIONAL MIGRATION, INVESTMENT IN EDUCATION, INVESTMENT OPPORTUNITIES, INVESTMENTS IN EDUCATION, IRREGULAR MIGRATION, JOB OPPORTUNITIES, LABOR FORCE, LABOR FORCE PARTICIPATION, LABOR FORCE SURVEYS, LABOR MARKET, LABOR MARKETS, LABOR MOBILITY, LABOR SHORTAGES, LABOR SUPPLY, LEGAL STATUS, LIVING CONDITIONS, LOCAL FINANCIAL INSTITUTIONS, MACROECONOMIC STABILITY, MACROECONOMICS, MARKET INFORMATION, MIGRANT, MIGRANT FAMILY, MIGRANT WORKERS, MIGRANT-SENDING COUNTRIES, MIGRATION DATA, MIGRATION DECISION, MIGRATION FLOW, MIGRATION FLOWS, MIGRATION PATTERNS, MIGRATION POLICIES, MIGRATION PROCESS, MIGRATION STATISTICS, NATIONAL POLICY, NATIONALS, NATURAL DISASTER, NATURAL RESOURCE, NUMBER OF MIGRANTS, NUMBER OF WORKERS, NURSE, PARTICIPATION OF WOMEN, POLICY DECISIONS, POLICY IMPLICATIONS, POLICY MAKERS, POLICY RESEARCH, POLICY RESEARCH WORKING PAPER, POPULATION CENSUSES, POPULATION DECLINE, PRACTITIONERS, PRODUCTIVITY, PROFITABILITY, PUBLIC FINANCES, PUBLIC SERVICES, PULL FACTORS, PUSH FACTOR, PUSH FACTORS, REMITTANCE, REMITTANCES, RETURN MIGRATION, RULE OF LAW, RURAL AREAS, SAFETY NETS, SAVINGS, SECONDARY EDUCATION, SEED MONEY, SELF-EMPLOYMENT, SEX, SKILL LEVEL, SKILLED WORKERS, SOCIAL RETURNS, SOCIAL SAFETY NETS, SOURCE OF INFORMATION, SOURCES OF FINANCE, SUSTAINABLE GROWTH, TRADE FLOWS, TRANSPORTATION, UNDOCUMENTED IMMIGRANTS, UNEMPLOYMENT, UNEMPLOYMENT RATES, UNION, URBAN AREAS, VULNERABILITY, WAGES, WELFARE BENEFITS, WORK FORCE, WORKFORCE, WORKING CAPITAL, WORKING CONDITIONS, YOUNG MEN