OFW remittances: Where they come from
The Philippines today ranks as the third largest generator of international worker’s remittances, behind only India and China. Recently, it surpassed Mexico by a margin to become the third largest remittance receiver country.
Is the Philippines moving away from migration?
Overseas labor migration and remittances continue to be very important features of the Philippine economy -- but less and less so.
OFWs: Who they are, where they work, and what they do
What do we know about overseas Filipino workers (OFWs)? They work abroad but their families live in our country. OFWs send remittances homeward periodically. These foreign remittances have provided a steady source of dollar earnings, much like the exports we sell to other countries to earn dollars.
Deviant behavior: a century of Philippine industrialization
[with Jeffrey Williamson] While the Philippines conformed to the world-wide unconditional industrial convergence pattern for seven decades, it began to deviate from the pack in the 1980s, leaving the industrial catching up club in 1982, never to re-enter. What were the causes of this regime switch?
Skills, migration, and industrial structure in a dual economy
A comparative-static model describes the decline of manufacturing in the face of rising overseas employment through a mechanism other than the Dutch Disease. Instead it is competition for skilled labour and the relative ease in producing skills that affect the size of the manufacturing sector, including its employment of unskilled labour.
Worker remittances and the Philippine economy
The Philippine economy is in a sound position today in part because of the steady growth and size of remittances of OFWs (overseas Filipino workers) to the country. The volume of these remittances has continually grown over time as more and more Filipino workers have found jobs abroad.
Overseas Filipino workers
Filipinos who hold jobs overseas on special work visa arrangements have an obligation to return home, unlike those who migrate. Philippine statistics on OFWs include all Filipinos who live abroad. In 2010, these statistics list 8.579 million Filipinos. But these numbers are an overestimate.
Filipino labor migration
What drives people to migrate to other countries? What makes a Filipino want to pull up stakes in his homeland and transport his whole family or his own future to a new life in another country? What overriding consideration makes him decide to seek a temporary job abroad as an OFW?
The financial crisis, oil price hike, the Arab Spring and foreign demand for Filipino workers
The paper inquires into the impact of contemporary major world events – the recession in the United States and Western Europe, the oil price hike, and the Arab Spring – on the flow of overseas Filipino workers or OFWs and their remittances.
Is labor export good development policy?
Labor migration began to be promoted in the late 60s or early 70s by a number of Asian countries burdened by problems of unemployment, poverty, and scant foreign exchange. However, labor export was generally intended to be a stop-gap measure while governments were trying to implement policy reform to whip their economies into shape. Indeed,...
