연구정보
[경제] Using Remittance Transaction Data for Timely Estimation of the Foreign Worker Population in Malaysia
말레이시아 국외연구자료 연구보고서 - World Bank 발간일 : 2020-07-23 등록일 : 2020-08-19 원문링크
Malaysia has been grappling with understanding how many foreign workers reside in the country and thus faces challenges in formulating evidence-based foreign worker policies. This paper uses micro-level remittance transaction data collected from money transfer service providers to estimate the number of foreign workers. Most foreign workers remit a large portion of their earnings to support family members back home. They are low-income earners, sensitive to remittance costs, and opt for money transfer service providers to remit money rather than regular banks, where transfer services are more expensive. Therefore, the remittance data provide a useful source to conduct the investigation. Existing estimates range from two million to five million foreign workers; our results narrow that range to between 2.99 million and 3.16 million foreign workers in Malaysia as of 2017-18. The estimated state and nationality distributions of foreign workers are consistent with the Ministry of Home Affairs data, lending support to the validity of the estimates. Nevertheless, the Bank Negara Malaysia remittance data could potentially underestimate the number of workers in states with low access to money service providers and nationalities that have access to alternative money transfer mechanisms such as commercial banking and informal transfer channels.
본 페이지에 등재된 자료는 운영기관(KIEP) 및 EMERiCs의 공식적인 입장을 대변하고 있지 않습니다.
이전글 | [경제] 주요 투자은행의 아시아 주요국 경제지표 전망(2020.7월말 기준) | 2020-08-19 |
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다음글 | [경제] Malaysia Economic Monitor : Surviving the Storm | 2020-08-19 |