6. Remittances + positives/negatives of migration

What is remittances?

the transfer of money by a foreign worker to an individual in their home country

Global GDP made up of remittance:

$413 bil

Why is remittances better than international age?

3x more likely to reach the people directly

Why do some ACs receive remittances?

Students receive money from abroad

How much of Nepal’s GDP is made up of remittances?

27.3%

What are the positives of migration?

Stability, Economic growth, Development

How does migration create stability?

• Migrant remittances contribute to the recipients economy;

• Youthful migrants help generate pensions in countries with aging population

How much does Haiti receive from remittances

1.5 million

How does migration create economic growth?

• GDP and tax rates are increased by more working migrants

• Migrants also fill labour shortages which helps the multiplier affect

How does migration further development?

• Skills and knowledge acquired by returning migrants can benefit the country of origin

Stat for development

skilled workers in major companies

How much money do immigrants bring into the German economy

€3,300

What are the negatives of migration?

Inequality, Conflict between people, Injustices

How does migration create inequalities?

• Countries lose youthful workers who have skills - this inhibits economic development

• Brain drain - developed countries attract many better educated immigrants so the country of origin loses out

• Migrant remittances can create inequalities between families who receive them and those who don’t

Example of the Brain Drain

East Asia to the US

How does migration create conflict?

• Social conflicts can arise between host communities and the new arriving immigrants may find integration as difficult

• High levels of immigrants populations can increase the pressure on services

What percentage of Boston residents were unhappy with the level of Polish migration in 2004?

21%

How does migration create injustices?

• Migrants can be more vulnerable to human rights violations as they may not know their rights in their settled country

• Treatment of asylum seekers in detention centres don’t meet human rights standards

How many migrants are kept in detention centres n the US Mexico border

1.7 million (2021)

Name a country that heavily relies on remittances

Haiti

Give some examples of potential conflict and injustices to do with migration

• Detention centres in the Channel Tunnel at Calais - “the jungle”

• The new fence high tech surveillance at the Bulgaria-Turkey border