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Social Science > Emigration and Immigration

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Cover IMF Staff Country Reports
Germany: Selected Issues
International Monetary Fund
Increases in core inflation owing to the VAT hike were smaller than expected, initially constituting a puzzle and leading to speculation about delayed increases or competitive pressures. Given Germany’s large size and openness, spillover interactions appear to have increased over time. In the midst of a strong recovery, Germany is facing shortages of labor, the emigration of high-skilled labor, and a reduction in immigration. Germany’s traditionally insider-dominated corporate governance system has undergone substantial reforms, leading to a pronounced strengthening of control by outsiders.
Keywords:
ISCR; CR; core inflation; price; EU member states; durable goods; rate; life-cycle earnings dynamics; immigration restriction; VAT hike; emigration survey; Value-added tax; Inflation; Migration; Corporate governance; Skilled labor; Europe; Global
Cover IMF Staff Country Reports
Republic of Moldova: Selected Issues
International Monetary Fund
This Selected Issues paper analyzes the macroeconomic impact of workers’ remittances on Moldova. The paper focuses on Moldova’s labor emigration since the late-1990s using survey data designed to shed light on the economic and social consequences of migration. The survey results are broadly consistent both with the findings from balance-of-payments data and with the stylized facts in the labor migration literature. The paper also examines various indicators to assess the appropriateness of the current exchange rate level.
Keywords:
ISCR; CR; enterprise; government; migrant; privatization program; Moldovan migrant; enterprise privatization; remittances inflow; workers' remittance; Migration; Corporate income tax; Remittances; Privatization; Budget planning and preparation; Western Europe; Central and Eastern Europe; Global
Cover Finance & Development
Finance & Development, June 1999
International Monetary Fund. External Relations Dept.
For the latest thinking about the international financial system, monetary policy, economic development, poverty reduction, and other critical issues, subscribe to Finance & Development (F&D). This lively quarterly magazine brings you in-depth analyses of these and other subjects by the IMF’s own staff as well as by prominent international experts. Articles are written for lay readers who want to enrich their understanding of the workings of the global economy and the policies and activities of the IMF.
Keywords:
FD; F&D; country; enterprise; government; market; state; transition country; banking crisis; CIS country; state monopoly; enterprise manager; Inflation; Privatization; Migration; Commercial banks; Banking crises; Caribbean; Europe; Baltics; Global; Eastern Europe
Cover IMF Staff Country Reports
Cape Verde: Recent Economic Developments
International Monetary Fund
This paper describes economic developments in Cape Verde during 1990–96. After a noticeable slowdown during 1989–91, the Cape Verdean economy rebounded in 1992 and continued to expand in 1993–95, prompted by a sustained increase in public spending and the positive effects of a liberalization of economic activities. Real GDP growth averaged 4 percent during 1992–95, but domestic, economic, and financial developments were characterized by increasing imbalances. Total government expenditure increased rapidly, reaching on average 60.1 percent of GDP in 1994–95, far outpacing any growth in domestic revenues and external grants.
Keywords:
ISCR; CR; state enterprise; U.S. dollar; exchange rate; foreign currency; private sector; capital expenditure; debt service; current account; Public enterprises; Income; Public sector; Wages; Migration; Africa
Cover IMF Staff Country Reports
Israel: Recent Economic Developments
International Monetary Fund
This paper reviews economic developments in Israel during 1990–94. During the first half of 1993, there was a significant slowing of the domestic economy largely as a result of a substantial scaling down of the public support provided to housing construction for immigrants, who were arriving to Israel in lesser numbers than originally estimated. In response to this slowing and to signs of a moderation in inflation, during the third quarter of 1993, the Bank of Israel reduced its lending rate from 12 percent to 9 percent in successive stages.
Keywords:
ISCR; CR; U.S. dollar; foreign currency; budget deficit; monetary policy; private sector; exchange rate; economic activity; Currencies; Imports; Budget planning and preparation; Inflation; Eastern Europe; monetary policy indicator; b. exchange rate policy; balance of payments indicator; interest rate bracket; institutional investor; monetary policy development; business sector employment; Migration; Caribbean