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作者 Hernandez-Coss, Raul
書名 Malaysia-Indonesia Remittance Corridor : Making Formal Transfers the Best Option for Women and Undocumented Migrants
出版項 Herndon : World Bank Publications, 2008
©2008
國際標準書號 9780821375785 (electronic bk.)
9780821375778
book jacket
說明 1 online resource (123 pages)
text txt rdacontent
computer c rdamedia
online resource cr rdacarrier
系列 World Bank Working Paper, No. 149 ; v.No. 149
World Bank Working Paper, No. 149
附註 Contents -- Foreword -- Acknowledgments -- Acronyms and Abbreviations -- Executive Summary -- Key Statistics of the Malaysia-Indonesia Remittance Corridor -- Introduction -- Female Migrant Worker Program -- Bilateral Remittance Corridor Analysis -- Methodology and Outline of Report -- CHAPTER 1 Global and Regional Trends The Context -- Global Migration and Remittance Patterns -- East and South Asian Migration and Remittance Trends -- Indonesian Migration and Remittance Trends -- Malaysia as a Remittance-sending Country -- Main Points -- CHAPTER 2 Migrants and Remittances The Corridor -- History of Migration from Indonesia to Malaysia -- Indonesian Migrants in Malaysia -- Cost of Migration for Migrant Workers -- Recruitment Procedures in Malaysia -- Migrants Wages and Expenses in Malaysia -- Estimates of Remittance Flows in the Malaysia-Indonesia Corridor -- Main Points -- CHAPTER 3 Transaction Flows -- Formal Transaction Flows in the Corridor -- Informal Transaction Flows in the Corridor -- Deciding Between Formal and Informal Transfer Options -- Remittance Distribution in Indonesia Through Formal Transfer Mechanisms -- Remittance Distribution in Indonesia Through Informal Transfer Mechanisms -- Main Points -- CHAPTER 4 Conclusions and Policy Recommendations -- Consequences for Using Formal or Informal Systems: Three Perspectives -- Operational Policy Recommendations -- Concluding Remarks -- APPENDIXES -- Appendix A The Regulatory Framework -- Appendix B Measurement of Remittance Flows and Impact on Economies -- Appendix C Field Work in Malaysia and Indonesia -- Appendix D Focus Group Questionnaires and Findings -- Bibliography -- Endpiece Map: Indonesia Overseas Migrants (Outflows) and Remittances (Inflows) Based on Migrants' Place of Origin for the First Quarter 2007 -- LIST OF TABLES
Table 1. World Bank's Bilateral Remittance Corridor Analysis, 2007 -- Table 2. East Asia & Pacific Region: Economic Aggregates and Workers' Remittances -- Table 3. Estimates of Total Remittances Sent from Malaysia, and Total Remittances Received in Indonesia in 2005 -- Table 4. Indonesia: Worker Remittances Relative to Other Economic Indicators -- Table 5. Workers' Remittances and Compensation of Employees, Received -- Table 6. Workers' Remittances and Compensation of Employees, Received -- Table 7. Malaysia: Worker Remittances Relative to Other Economic Aggregates -- Table 8. Cost to Domestic Worker Migrating from Indonesia to Malaysia -- Table 9. Cost to Malaysian Employer of an Indonesian Migrant Domestic Worker -- Table 10. Wages of Indonesian Migrant Workers in Malaysia, December 2006 -- Table 11. Formal Remittance Outflows from Malaysia by Top 5 Countries -- Table 12. Estimates of Remittances in the Malaysia-Indonesia Corridor in 2006 -- Table 13. Cost of Migrating and Remitting Funds for Indonesian Worker in Malaysia in One Year -- Table 14. Customer Due Diligence Requirements for Remittance Transfers in Malaysia -- Table 15. Comparing Incentives Facing Undocumented Migrant Workers -- Table A1. Registration and Licensing Requirements for Remittance Agents in Indonesia -- Table A2. AML/CFT Requirements in Malaysia and Indonesia for Non-Bank Remittance Service Providers -- LIST OF FIGURES -- Figure 1. Global Remittance Trends -- Figure 2. Indonesian Migrants, Major Destination Countries (1997-2006) -- Figure 3. Total Remittances Inflows to Indonesia by Region, January-April 2007 -- Figure 4. Foreign Workers in Malaysia by Nationality, December 2006 -- Figure 5. The History of Indonesian Migration to Malaysia -- Figure 6. Flows of Indonesian Migrant Workers to Malaysia and Saudi Arabia (1997-2006)
Figure 7. Gender Trends in Migrant Flows to Malaysia -- Figure 8. Trends in Total Formal and Informal Sector Migrant Flows -- Figure 9. Migrant Worker Recruitment Procedure from the Perspective of a Malaysian Employer -- Figure 10. Remittance Outflows from Malaysia (1997-2006) -- Figure 11. Flow Map of Formal Sector Transactions -- Figure 12. Fees for Remitting Funds from Malaysia to Indonesia -- Figure 13. Costs per 100 of Remitting Different Sums of Money, April 2007 -- Figure 14. Role of Recruitment Agencies on Collecting and Transferring Placement Fees -- Figure 15. The Remittance Market Between the Two Countries -- Figure 16. Options Remittance Senders Face when Transferring Funds from Malaysia to Indonesia -- Figure 17. Market Share among Indonesian Banks for Remittance Transfers (2004) -- Figure 18. Cost of Sending US200 from the U.S. to Mexico, El Salvador, Jamaica and Guatemala, Relative to Number of Companies Operating (2001-05) -- Figure 19. Correlation Between a Decline in Average Remittance Transfer Costs and an Expansion in Remittance Flows in the U.S.-Mexico Remittance Corridor -- Figure B1. Indonesia Worker Remittance Inflows and Net Inflows of Foreign Direct Investment (1983-2005) -- Figure B2. Indonesia: Exports of Goods and Inflows of Workers Remittances as a Percentage of GDP (2000-2005) -- Figure C1. Lombok -- LIST OF BOXES -- Box 1. Official Policies and Programs to Regulate Indonesian Worker Migration -- Box 2. Use of Remittances -- Box 3. Overview of the Malaysian and Indonesian Regulatory Framework -- Box 4. Regional ATM Link-up Between Malaysia and Indonesia -- Box 5. Risks of Informal Transfers -- Box 6. Focus Groups in Purworejo and East Lombok -- Box 7. Bank Indonesia Promotes Rural Bank Financing for Overseas Workers -- Box 8. Account Mediator in Lombok
Box 9. Access to Formal Fund Transfer Mechanisms for Undocumented Workers -- Box 10. Targeting Undocumented Workers to Use Formal Transfer Channels in South Korea -- Box 11. Customizing Banking Services to Migrants and their Families: The Case of BPI in the Philippines -- Box 12. Recording Remittance Transfer Costs: The Case of Mexico -- Box 13. HimalRemit Mechanism -- Box 14. Home Town Association "3×1" -- Box 15. The New Alliance Task Force of the FDIC -- Box 16. Western Union Strategies to Attract Migrant Workers -- Box 17. The Promise of Mobile Phones in Fostering Financial Sector Development -- Box 18. Informal Fund Transfer Systems in Mexico: The Case of "Professor Pacheco" -- Box A1. The Malaysian Anti-Money Laundering and Anti-Terrorism Financing Act 2001 -- Box B1. Bank Indonesia Five Steps to Estimate Workers Remittances Inflows -- Box C1. Bank Perkreditan Rakyat (People's Credit Bank)
In Malaysia, Indonesian migrants are showing an increasingly clear preference for informal transfer mechanisms compared to their counterparts in other countries. A little less than half of all Indonesian migrants overseas-thought to be around 2 million-are working in Malaysia. An increasing number of migrants are women, and the corridor is also marked by a high number of undocumented migrants. Despite the increasing flows of migrants, only about 10 percent of the estimated flow of remittances into Indonesia from Malaysia is transferred through the formal system. The extent of the preference for the informal sector is unique in this corridor. Indonesian migrants in other countries are using the formal sector far more than the migrants in Malaysia. In addition, Indonesian women and undocumented migrants in Malaysia especially find formal sector transfers either hard to access or inappropriate for their needs. To this end, the study assists policymakers' efforts to increase the impact of remittances on economic development and poverty reduction in Indonesia and to investigate options for attracting more migrants to use the formal financial sector. The report provides a descriptive overview of the Malaysia-Indonesia remittance corridor and suggests policy avenues for improving access to formal remittance transfer channels; increasing the transparency of the flows and the cost structure; and facilitating remittance transfers, particularly for undocumented and female migrant workers
Description based on publisher supplied metadata and other sources
Electronic reproduction. Ann Arbor, Michigan : ProQuest Ebook Central, 2020. Available via World Wide Web. Access may be limited to ProQuest Ebook Central affiliated libraries
鏈接 Print version: Hernandez-Coss, Raul Malaysia-Indonesia Remittance Corridor : Making Formal Transfers the Best Option for Women and Undocumented Migrants Herndon : World Bank Publications,c2008 9780821375778
主題 Foreign workers, Indonesian -- Malaysia.;Migrant remittances -- Indonesia.;Migrant remittances -- Malaysia
Electronic books
Alt Author Brown, Gillian
Buchori, Chitrawati
Endo, Isaku
Todoroki, Emiko
Naovalitha, Tita
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