Catalog

Workers' Remittance Flows in Southeast Asia

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This report examines remittance fund flow from a regional perspective to understand its trends, as well as to identify policies that can leverage remittance. The study covers Indonesia, Malaysia, and Philippines as the remittance recipient countries; and Hong Kong, China; Japan; Malaysia; and Singapore as the source jurisdictions of remittance outflow. Malaysia is peculiar as it is both source and recipient country, receiving large inflows from Japan and Singapore while hosting a large number of Indonesian and Filipino workers.

To understand these trends, the study looked into a range of issues relevant to donors and development players:

• migration trends as well as their social and economic features
• remittance flows; official and estimated figures
• regulatory framework that oversees international worker transfers
• marketplace of remittance flows-channels and competition
• role of financial intermediation
• transnational landscape among remittance senders.

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