The Qatar-Nepal remittance corridor : : enhancing the impact and integrity of remittance flows through reducing inefficiencies in the migration process

• Autore: Endo Isaku
• Pubblicazione: Washington DC : , : World Bank, , [2011]; copyright 2011
• Edizione: 1st ed.
• Descrizione fisica: xv, 42 pages : illustrations, maps ; ; 26 cm
• Disciplina: 332/.04246095363
• Soggetto topico: Emigrant remittances - Qatar; Emigrant remittances - Nepal
• Soggetto geografico: Qatar Emigration and immigration Economic aspects; Nepal Emigration and immigration Economic aspects
• Altri autori: AframGabi G
• Note generali: Bibliographic Level Mode of Issuance: Monograph
• Nota di bibliografia: Includes bibliographical references (p. 41-42).
• Nota di contenuto: Intro -- Contents -- Foreword -- Acknowledgments -- Abbreviations -- Exchange Rates Conversion -- Executive Summary -- Migration from Nepal to Qatar -- Remittance Transfers from Qatar to Nepal -- The Regulatory Framework for Protecting the Integrity of Remittances -- MAP: Remittance and Worker Flows Between Qatar and Nepal -- Introduction -- Background -- Objectives -- Methodology -- Outline of the Report -- 1. The Migration Process -- Migrant Workers in the Gulf Region -- Migration of Nepali Workers to Qatar -- Main Characteristics of Nepali Migrant Workers in Qatar -- The Migration Process from Nepal to Qatar -- Challenges in the Migration Process -- 2. The Remittance Transfer Process -- Total Remittance Outflows, Destinations and Trends from Qatar -- Total Remittance Inflows to Nepal and their Significance -- Remittance Flows between Qatar and Nepal -- The Remittance Market Landscape in Qatar -- The Remittance Market Landscape in Nepal -- Remittances through Mobile Phones -- Remittance Transfer Fees between Qatar and Nepal -- Challenges for Remittance Transfers in the Qatar-Nepal Corridor -- 3. The Regulatory Framework for Protecting the Integrity of Remittances -- The Framework in Qatar -- The Framework in Nepal -- Challenges in the Legal and Regulatory Framework of AML/CFT in Qatar and Nepal -- 4. Conclusions and Policy Recommendations -- Migration-Related Findings & -- Policy Recommendations -- Remittance Transfers-Related Findings & -- Policy Recommendations -- Regulatory Framework-Related Findings & -- Policy Recommendations -- Appendix. Payment System Platforms in the Remittance Corridor -- Bibliography -- Figures -- Figure 1.1. Non-national population as a share of total population in GCC countries -- Figure 1.2. Estimated breakdown of overall of migration expenses. ; Figure 1.3. Sources of financing for migration from Nepal to Qatar -- Figure 2.1. Annual remittance outflows from Qatar to the world, 2002-2009 -- Figure 2.2. Main destinations of remittances flows from Qatar, 2009 -- Figure 2.3. Top remittances receiving countries as a % of GDP, 2008 -- Figure 2.4. Major destination countries for Nepali migrants -- Figure 2.5. Total remittance flows to Nepal (excluding flows from India) -- Figure 2.6. Volume and growth rate of recorded remittances from Qatar to Nepal -- Figure 2.7. Remittance flows from Qatar to Nepal on a quarterly basis, 2002-09 -- Figure 2.8. Market share in total recorded remittance outflow in Qatar, 2009 -- Tables -- Table 1.1. Size of the non-National population in GCC countries, 1970-2010 -- Table 1.2. Trend in breakdown of nationals vs. non-nationals in Qatar's population -- Table 1.3. Examples of monthly salaries of Nepali Workers in Qatar -- Table 1.4. Official migration fees levied in Nepal and Qatar as of June 2009 -- Table 2.1. Remittance transfer prices from Qatar to Nepal, 2009.
• Sommario/riassunto: Remittance inflows play a crucial role in Nepal's economy. Officially recorded remittances already amounted to almost a quarter of the Gross Domestic Product (GDP) in 2009. The 2008-09 global economic crises resulted in slower growth of remittance inflows in Nepal, leading directly to lower disposable income. This is a telling reminder of the importance of promoting a supportive environment for remittances. Nepali migration continues to increase as workers seek greater economic opportunities abroad. In this quest, Qatar is one of the important migration destinations for Nepali migrant workers. This report analyzes the migration and remittance transfer processes in the Qatar-Nepal Corridor in order to provide policy recommendations that would help improve the scale and impact of remittance transfers from Qatar to Nepal, and enhance the efficiency and integrity of migration and remittances in the corridor. The report identifies challenges in the migration process from Nepal to Qatar (related to high migration costs and their financing) and constraints in the remittance transfer process from Qatar to Nepal, which together limit the development and poverty reduction impact of remittance flows to Nepali households. As this report highlights, the Qatar-Nepal remittance corridor has several distinctive features. First, the majority of remittance flows from Qatar to Nepal are being transferred through officially regulated remittance channels. One of the reasons for this is actually the second feature of this corridor, namely, the officially managed migration process from Nepal to Qatar (as a result of which the majority of migrants are documented workers). The third feature is the contrast between the high competition and low prices of remittance services in this corridor on the one hand, and the contradictory rules and high costs incurred during the migration process on the other hand. Finally, as a by-product of the complex migration process which involves multiple players, financial transfers through informal mechanisms take place from Nepal to Qatar in order to pay the commissions of manpower agencies and middlemen.
• Titolo autorizzato: The Qatar-Nepal remittance corridor
• ISBN: 9780821387870; 0821387871
• Formato: Materiale a stampa
• Livello bibliografico: Monografia
• Lingua di pubblicazione: Inglese
• Record Nr.: 9910974829003321
• Lo trovi qui: Univ. Federico II
• Serie: World Bank e-Library.