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The Malaysia-Indonesia Remittance Corridor

2008; Linguagem: Inglês

10.1596/978-0-8213-7577-8

1726-5878

Raúl Hernández-Coss, Gillian Brown, Chitrawati Buchori, Isaku Endo, Emiko Todoroki, Tita Naovalitha, Wameek Noor, Cynthia Mar,

Socioeconomic Development in Asia

No AccessWorld Bank Working Papers12 Aug 2013The Malaysia-Indonesia Remittance CorridorMaking Formal Transfers the Best Option for Women and Undocumented MigrantsAuthors/Editors: Raul Hernandez-Coss, Gillian Brown, Chitrawati Buchori, Isaku Endo, Emiko Todoroki, Tita Naovalitha, Wameek Noor, Cynthia MarRaul Hernandez-Coss, Gillian Brown, Chitrawati Buchori, Isaku Endo, Emiko Todoroki, Tita Naovalitha, Wameek Noor, Cynthia Marhttps://doi.org/10.1596/978-0-8213-7577-8SectionsAboutPDF (9.4 MB) ToolsAdd to favoritesDownload CitationsTrack Citations ShareFacebookTwitterLinked In Abstract: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. Previous bookNext book FiguresreferencesRecommendeddetailsCited byPreserving Ancestral Land and Ethnic Identification: Narratives of Kerinci Migrants in MalaysiaTRaNS: Trans -Regional and -National Studies of Southeast Asia, Vol.9, No.27 December 2020Justice meets justification: Women's need for holistic ministry in world missionMissiology: An International Review, Vol.45, No.125 November 2016Transnational Labour Migration, Debts and Family Economics in VietnamOverview of Remittances Market Business Models and Agent Networks28 August 2014Back Matter: Appendices A through J28 August 2014Migrant transnationalism and the choice of transfer channels for remittances: the case of MoldovaGlobal Networks, Vol.13, No.127 December 2012IntroductionTo Return or Not to ReturnSoldier's HomeGuiqiao as Political Subjects in the Making of the People's Republic of China, 1949-1979Transnational EncapsulationCambodians Go "Home"Rescue, Return, in PlaceReturn of the Global IndianEthnicizing, Capitalizing, and NationalizingReferencesTransnational labour migration and the politics of care in the Southeast Asian familyGeoforum, Vol.43, No.4Determinants of cross-border mergers and Acquisitions (CBMAs) performance in five East Asian countries View Published: June 2008ISBN: 978-0-8213-7577-8e-ISBN: 978-0-8213-7578-5 Copyright & Permissions Related RegionsEast Asia & PacificRelated CountriesIndonesiaMalaysiaRelated TopicsFinance and Financial Sector DevelopmentGenderHealth Nutrition and PopulationMacroeconomics and Economic Growth KeywordsDISSEMINATIONLEGAL STATUSMIGRANTMIGRANT WORKERSMIGRATIONREMITTANCEREMITTANCESSERVICE PROVIDERSUNDOCUMENTED MIGRANTUNDOCUMENTED MIGRANTS PDF downloadLoading ...