Top recipients of migrant remittances among developing countries in 2008

Source: Migration and Development Brief 10, July 2009,Migration and Remittances Team Development Prospects Group, World Bank

Outlook for remittance flows to developing countries, 2009-11

Outlook for remittance flows to developing countries, 2009-11

e=estimate; f=forecast
Source: www. Worldbank.org/prospects/migration andremittances for data definitions and the entire dataset.1

The current global financial crisis is still unfolding. The developing Asia-Pacific region started to feel its impact deeply from the third quarter of 2008. It is still too early to comprehend the full social implications of the crisis. The following emerging trends, however, indicate that women could be affected significantly.

Results of the April 2009 nationwide survey of research group IBON Foundation show that most Filipinos are not in favor of Charter change (Cha-cha).

Table 1. NUMBER OF OFWs DISPLACED BY THE GLOBAL FINANCIAL CRISIS BY COUNTRY October 2008 to January 31, 2009