Mobilising resiliency in times of economic hardship: Emerging themes in migrant worker remittance payments
This paper analyses the nexus of the global financial crisis and the remittance markets of Mexico and India, along with introducing new and emerging payment technologies that will help facilitate the growth of remittances worldwide. Overall resiliency is found in most markets but some are impacted differently by economic hardship. With that we also explore the area of emerging payment methods and how they can help nations weather this economic strife. Mobile payments are highlighted as one of the priority areas for the future of transferring monetary funds, and we assess their ability to further facilitate global remittances.
Chang, Rita (2009). What paying by cellphone will mean for the marketing world. Advertising Age, 80:4.
Durand, Jorge, and Douglas S. Massey, eds. (2004). Crossing the border: Research from the Mex-ican migration project. New York: The Russell Sage Foundation.
Garlan, Kevin (2009). Mobile Payments in the UK Public Sector. New York: Deutsche Bank.
Hussain, Mushtaq (2005). Measuring migrant remittances: From the perspective of the Euro-pean commission. United Nations Department of Economic and Social Affairs, 1-5.
Krishnakumar, P. K (2009). NRI remittances to Kerala going strong despite recession in the Gulf. The Economic Times. http://economictimes.indiatimes.com/News/News-By-Industry/Services/Travel/NRI-remittances-to-Kerala-going-strong-despite-recession-in-the-Gulf/articleshow/4219740.cms (accessed October 14, 2009).
Lunden, Ingrid (2009). Mobile payments: phones as wallets gain critical mass. Financial Times. http://www.ft.com/cms/s/0/49fbab2e-b80c-11de-8ca9-00144feab49a.html. (20/11/2009).
Maimbo, Samuel and Dilip Ratha, eds. (2005). Remittances: Development Impact and Future Prospects. Washington D.C.: The World Bank.
Mallat, Niina and Virpi Kristiina Tuunainen (2008). Exploring Merchant Adoption of Mobile Payment Systems: An Empirical Study. E - Service Journal 6:24-57.
Massey, D. and M. Sana (2005). Household composition, family migration, and community context: Migrant remittances in four countries. Social Science Quarterly 86:509-528.
Mohapatra, S., D. Ratha, and Z. Xu (2008). Outlook for remittance flows 2008-2010: Growth expected to moderate significantly, but flows to remain resilient. Migration and Development Brief 8:1-14.
Noguchi, Motoo. 2004. Help Needed for the 'Unbanked'. The Washington Post A.23.
Ratha, D., S. Mohapatra, and A. Silwal (2009). Migration and remittance trends: A better-than-expected outcome so far, but significant risk ahead. Migration and Development Brief 11:1-14.
Ratha, Dilip. and Zhimei Xu, eds. (2008). Migration and Remittance Factbook 2008. Washington D.C.: The World Bank.
Remittances to Mexico Fall 13 Percent (2009). Latin American Herald Tribune Times. http://www.laht.com/article.asp?CategoryId=14091&ArticleId=346395 (accessed No-vember 11, 2009).
Singh, Sandeep (2009). Remittances in $45 bn surge. Hindustan Times. http://www. hin-dustantimes.com/News/business/Remittances-in-45-bn-surge/Article1-390371.aspx (accessed November 11, 2009).
Van de Bunt, Henk (2008). A case study on the misuse of hawala banking. International Journal of Social Economics, 35:691-702.
- There are currently no refbacks.
Copyright © 2003-2016 Migration Letters / Transnational Press London | All rights reserved | Contact Us
TRANSNATIONAL PRESS LONDON LTD. IS A COMPANY REGISTERED IN ENGLAND AND WALES No. 8771684.