Contemporary Society in a Global World: Migration and Remittance
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This report delves into the multifaceted impacts of migration and remittance within the framework of a contemporary global society. The main body of the report meticulously defines migration, differentiating between its international and internal forms, and explores both the direct and indirect drivers behind it, such as employment opportunities and globalization. It then proceeds to analyze the positive impacts, including reduced unemployment, improved quality of life, enhanced social interactions, regional economic growth, and expanded educational prospects for children. Conversely, the report identifies and discusses the negative consequences, such as the depopulation of rural areas, increased job competition, economic and resource pressures, difficulties for villagers in urban settings, illiteracy among migrants, and the rise of slum areas. The second part of the report focuses on remittance, defining it as the transfer of funds, and examines its role as a significant international financial flow, particularly for developing countries. The assignment provides a detailed overview of the complex interplay between migration, remittance, and their effects on the economic and social fabric of the global community.

Contemporary Society in a
Global World
Global World
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Table of Contents
INTRODUCTION...........................................................................................................................1
MAIN BODY...................................................................................................................................1
Migration and its positive and negative impacts....................................................................1
Remittance and its positive and negative impacts..................................................................5
CONCLUSION................................................................................................................................8
REFERENCES..............................................................................................................................10
INTRODUCTION...........................................................................................................................1
MAIN BODY...................................................................................................................................1
Migration and its positive and negative impacts....................................................................1
Remittance and its positive and negative impacts..................................................................5
CONCLUSION................................................................................................................................8
REFERENCES..............................................................................................................................10

INTRODUCTION
Globalization is the concept which is used for describing the procedure through which the
world is transformed in the specific areas and locations. In other words, globalization is to likely
with an economic phenomenon rather than it is help in covering all the factors of modern time
period. This is directly affects on economic, cultural, political and social factors in effective
manner. It is the process of communicating and interacting between people, organization and
authorities in all over the world (Dirlik, 2018). Globalization has been growing due to advances
in transportation and communication technology and methods. Corporate society defines as the
procedure of developing and creating enhancing interconnection between an individual b
combining technology, innovation and applications. With this, it is automatically enhancement in
international level while doing interaction for getting higher growth of international trade, ideas
and culture. The report is discussing about the impact of migration and remittance on global
areas. Also determine its positive and negative effect while run business at international level.
MAIN BODY
Migration and its positive and negative impacts
Definition of migration
Migration refers as the movement by people from one place to another with some
purpose or intention of setting, permanently or temporarily in new areas. In this, the movement is
often long over long distance and from one nation to another but on the other hand, migration is
possible, indeed which is dominant from international level. It is the way to move from one
location to another in order to work and task. Along with this, movement of people from their
home to another city, state, nation for a job, shelter and some of the other main reason is also
known as migration (Taylor and Derudder, 2015). Most of the people are migrants from rural
areas to urban areas which has enhancing in previous years in United Kingdom. In current time
period, there are large of people who are deciding to migrate to have better life. Employment is
the main opportunity which is the main reason due to which most of the people are migrants
from one place to another. There are some direct factors which directly affects on business that
includes lack of opportunities, proper education, establishment of dams, globalization, natural
disaster, construction of dams and sometime crop failure enforced villages to migrate with cities.
1
Globalization is the concept which is used for describing the procedure through which the
world is transformed in the specific areas and locations. In other words, globalization is to likely
with an economic phenomenon rather than it is help in covering all the factors of modern time
period. This is directly affects on economic, cultural, political and social factors in effective
manner. It is the process of communicating and interacting between people, organization and
authorities in all over the world (Dirlik, 2018). Globalization has been growing due to advances
in transportation and communication technology and methods. Corporate society defines as the
procedure of developing and creating enhancing interconnection between an individual b
combining technology, innovation and applications. With this, it is automatically enhancement in
international level while doing interaction for getting higher growth of international trade, ideas
and culture. The report is discussing about the impact of migration and remittance on global
areas. Also determine its positive and negative effect while run business at international level.
MAIN BODY
Migration and its positive and negative impacts
Definition of migration
Migration refers as the movement by people from one place to another with some
purpose or intention of setting, permanently or temporarily in new areas. In this, the movement is
often long over long distance and from one nation to another but on the other hand, migration is
possible, indeed which is dominant from international level. It is the way to move from one
location to another in order to work and task. Along with this, movement of people from their
home to another city, state, nation for a job, shelter and some of the other main reason is also
known as migration (Taylor and Derudder, 2015). Most of the people are migrants from rural
areas to urban areas which has enhancing in previous years in United Kingdom. In current time
period, there are large of people who are deciding to migrate to have better life. Employment is
the main opportunity which is the main reason due to which most of the people are migrants
from one place to another. There are some direct factors which directly affects on business that
includes lack of opportunities, proper education, establishment of dams, globalization, natural
disaster, construction of dams and sometime crop failure enforced villages to migrate with cities.
1
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In United Kingdom, there are large of people who move from one place to another in
searching and exploring the work or shelter which is called migrants. Most of the time, migrants
individual and their families are not qualified and skilled therefore they are usually employed as
daily wages in another country (Aubert, 2017). The regular wages does not get enough money
for their survival of their families and also suffer from various issues or problems such as they do
not enough food to consume, sanitation, hygiene and search proper place to live, etc.
Impacts of Migrants:
Now days, migrants are becoming very essential subject for the people who are live in
cities. Many of the attractions and opportunities of big states and cities pull large number of
people to large areas. Migration has directly impact on such places which has been left behind as
well as on the places and locations which are being migrated. In this, migration is increasing at
international level in the context of globalization. In this, theory of liberalism is suitable for
indentifying the expanding areas where business can expand so people does not move from their
origin country for searching jobs. In this theory, it can be observed that globalization is the
market which is considered as market led extension of modernization. The one of the most
beginning level is to analyzing and examining the economic welfare and political liberty. This
will help in making connection with human which maximize the material well being and to
practice common freedom in proper manner.
Positive impact of Migration:
Reduction in unemployment and people get better job opportunities – It is one the major
impact of migration in positive manner. This will assist in decreasing unemployment level where
no person will unemployed any more in United Kingdom and all the people have jobs. If an
individual move from one place to another in searching of better opportunity in job so this is
positive impact of migration (Urry, 2015). This will also help in providing better and appropriate
opportunities to the country as well as international person who are come for seeing their future
career in the region.
Helps in improving the quality of life people – When a person move from one location
from another so they will get better job along with great opportunity to live a healthily and safe
life in the new country. Migration assists in making improvement in their life and feels them
happy to survive in the great place. This will determined that it is the best decisions which are
made by them for migrant to different place.
2
searching and exploring the work or shelter which is called migrants. Most of the time, migrants
individual and their families are not qualified and skilled therefore they are usually employed as
daily wages in another country (Aubert, 2017). The regular wages does not get enough money
for their survival of their families and also suffer from various issues or problems such as they do
not enough food to consume, sanitation, hygiene and search proper place to live, etc.
Impacts of Migrants:
Now days, migrants are becoming very essential subject for the people who are live in
cities. Many of the attractions and opportunities of big states and cities pull large number of
people to large areas. Migration has directly impact on such places which has been left behind as
well as on the places and locations which are being migrated. In this, migration is increasing at
international level in the context of globalization. In this, theory of liberalism is suitable for
indentifying the expanding areas where business can expand so people does not move from their
origin country for searching jobs. In this theory, it can be observed that globalization is the
market which is considered as market led extension of modernization. The one of the most
beginning level is to analyzing and examining the economic welfare and political liberty. This
will help in making connection with human which maximize the material well being and to
practice common freedom in proper manner.
Positive impact of Migration:
Reduction in unemployment and people get better job opportunities – It is one the major
impact of migration in positive manner. This will assist in decreasing unemployment level where
no person will unemployed any more in United Kingdom and all the people have jobs. If an
individual move from one place to another in searching of better opportunity in job so this is
positive impact of migration (Urry, 2015). This will also help in providing better and appropriate
opportunities to the country as well as international person who are come for seeing their future
career in the region.
Helps in improving the quality of life people – When a person move from one location
from another so they will get better job along with great opportunity to live a healthily and safe
life in the new country. Migration assists in making improvement in their life and feels them
happy to survive in the great place. This will determined that it is the best decisions which are
made by them for migrant to different place.
2
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Helps in improving social life people – It is another positive impact which are faced by
an individual in the global areas. This is required for a person is to increasing their
communication and international skill in better manner to meet different people. Migration help
in building effective confident among a person for improvement social life people in better
manner (Vathi and Duci, 2016). With the help of this, they can easily interact with any type of
people in any country. Every country has different culture and norms which need to be followed
by an individual so this will assist them in learning various nations’ cultural knowledge and also
have learned several beliefs and values. This will help them in developing strong perception and
view point of respective person in from of large audience. Most of the people have some reason
behind the migration such as family crisis, natural disaster and some other issue. It will help in
improving social life of people as they learn regarding culture, custom, norms and language
which assist in improving brotherhood among individual.
Higher growth of region – Migration of skilled and qualified employees can help in
lead towards greater economic growth of the region. It is beneficial for knowledgeable and
experienced who mainly travel and visit different places due to some work and other purpose.
When an individual is qualified and skilled so they have no issue or problems arise at the time of
getting job within different country. Along with this, high qualified person can enhancing the
growth level of the specific region in effective manner.
Children get better opportunities for higher education – With the help of migration,
large numbers of children are getting better opportunities for higher education at international
level. They can easily learn various languages and understand several country culture while
move one place to another due to some purpose. It will help in developing and building their
confidence because when they are move to another nation so this will increasing their
communication skills in better manner. This will assist children in learn various country
religions, culture, norms, values and beliefs (van der Werf and Zellweger, 2016).
Negative impact of Migration:
Loss of rural areas people – It is negative impact of migration which are directly affect
on a individual. The loss of person from rural areas because it will impact on level of output and
development of rural regions. There are large number of rural people who are come to big cities
due to poor facilities, lack of education opportunities and searching of job so they should sell
their home or take loan for doing such things.
3
an individual in the global areas. This is required for a person is to increasing their
communication and international skill in better manner to meet different people. Migration help
in building effective confident among a person for improvement social life people in better
manner (Vathi and Duci, 2016). With the help of this, they can easily interact with any type of
people in any country. Every country has different culture and norms which need to be followed
by an individual so this will assist them in learning various nations’ cultural knowledge and also
have learned several beliefs and values. This will help them in developing strong perception and
view point of respective person in from of large audience. Most of the people have some reason
behind the migration such as family crisis, natural disaster and some other issue. It will help in
improving social life of people as they learn regarding culture, custom, norms and language
which assist in improving brotherhood among individual.
Higher growth of region – Migration of skilled and qualified employees can help in
lead towards greater economic growth of the region. It is beneficial for knowledgeable and
experienced who mainly travel and visit different places due to some work and other purpose.
When an individual is qualified and skilled so they have no issue or problems arise at the time of
getting job within different country. Along with this, high qualified person can enhancing the
growth level of the specific region in effective manner.
Children get better opportunities for higher education – With the help of migration,
large numbers of children are getting better opportunities for higher education at international
level. They can easily learn various languages and understand several country culture while
move one place to another due to some purpose. It will help in developing and building their
confidence because when they are move to another nation so this will increasing their
communication skills in better manner. This will assist children in learn various country
religions, culture, norms, values and beliefs (van der Werf and Zellweger, 2016).
Negative impact of Migration:
Loss of rural areas people – It is negative impact of migration which are directly affect
on a individual. The loss of person from rural areas because it will impact on level of output and
development of rural regions. There are large number of rural people who are come to big cities
due to poor facilities, lack of education opportunities and searching of job so they should sell
their home or take loan for doing such things.
3

Increase in job competition – When all the rural people are come for searching job at big
cities or urban areas so this will automatically enhancing number of competition level in the
United kingdom. Migration is enhancing competition level among rural and urban area people
because rural people are come for search of job opportunities but if less number of job position
so this will reduces the chance of rural people to get job (Akkaya-Kalayci and et. Al., 2015).
Huge pressure – This is another major reason of increasing migration actions and
activities within United Kingdom areas. Due to this, huge pressure impact on country economy,
natural resources, amenities and various other ser
vices effectively. Along with this, it is create impact on nation resources and various facilities
which are offered among large population. The government observed that enhancement in
population will create chances of lack of resources, food items and external services.
Difficult for villagers to survive in urban areas – It is major impact in the form of
negative manner. When a villager come to search or explore job or any other reason so this will
became difficult for them is to survive in the urban areas. They do not fit in the city life because
they are habitual of environment and large space areas in the village. Apart from this, in big
cities where urban people are surviving, they do not get such factors which motivate them to do
work in better manner. There are reason for rural areas people to not survive in this locations
such as no environment, it is very complex for villagers is to survive in urban areas because in
this regions there is no natural environment and pure air is exist. They have to pay for each and
everything in proper manner.
Migrants are illiterate and uneducated – It is main negative impact of migration on
country people. Most of the migrants are completely illiterate and uneducated; therefore they are
not only unfit for large number of jobs which are applied by them. This will affect due to lack of
knowledge and life skills. By this reason, rural areas people are getting lower income job which
help them in surviving life in the big cities (Steingress, 2015).
Increasing in slum areas – Migration will enhancing the slum areas in cities which
increases various issues or problems that includes unhygienic situations, crimes, pollution and so
more. Most of the people are come for searching of job but due to huge competitive they get
lower income position which forces them to survive in slum regions. Most of the people are
migrants from rural areas to urban areas which has enhancing in previous years in United
Kingdom. In current time period, there are large of people who are deciding to migrate to have
4
cities or urban areas so this will automatically enhancing number of competition level in the
United kingdom. Migration is enhancing competition level among rural and urban area people
because rural people are come for search of job opportunities but if less number of job position
so this will reduces the chance of rural people to get job (Akkaya-Kalayci and et. Al., 2015).
Huge pressure – This is another major reason of increasing migration actions and
activities within United Kingdom areas. Due to this, huge pressure impact on country economy,
natural resources, amenities and various other ser
vices effectively. Along with this, it is create impact on nation resources and various facilities
which are offered among large population. The government observed that enhancement in
population will create chances of lack of resources, food items and external services.
Difficult for villagers to survive in urban areas – It is major impact in the form of
negative manner. When a villager come to search or explore job or any other reason so this will
became difficult for them is to survive in the urban areas. They do not fit in the city life because
they are habitual of environment and large space areas in the village. Apart from this, in big
cities where urban people are surviving, they do not get such factors which motivate them to do
work in better manner. There are reason for rural areas people to not survive in this locations
such as no environment, it is very complex for villagers is to survive in urban areas because in
this regions there is no natural environment and pure air is exist. They have to pay for each and
everything in proper manner.
Migrants are illiterate and uneducated – It is main negative impact of migration on
country people. Most of the migrants are completely illiterate and uneducated; therefore they are
not only unfit for large number of jobs which are applied by them. This will affect due to lack of
knowledge and life skills. By this reason, rural areas people are getting lower income job which
help them in surviving life in the big cities (Steingress, 2015).
Increasing in slum areas – Migration will enhancing the slum areas in cities which
increases various issues or problems that includes unhygienic situations, crimes, pollution and so
more. Most of the people are come for searching of job but due to huge competitive they get
lower income position which forces them to survive in slum regions. Most of the people are
migrants from rural areas to urban areas which has enhancing in previous years in United
Kingdom. In current time period, there are large of people who are deciding to migrate to have
4
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better life. Employment is the main opportunity which is the main reason due to which most of
the people are migrants from one place to another.
Remittance and its positive and negative impacts
Remittance can be described as to send money including buying anything buy from websites
with the help credit card. It is helpful to make an appropriate payment that gets sent to someone
else through electronic medium. However, it is all about transfer funds generally from buyer to
distant seller, instrument of transfer such check of draft or funds so transferred respectively. In
addition to this, remittance can be considered as major international flows of financial resources
which can exceed the flows of foreign direct investments many times. It is a kind of und transfer
which is mostly done by migrants to family and friends accordingly. Meanwhile, it tends to be
well assigned to the requirements of their beneficiaries (McGregor, Hsia and Lammerding,
2016). It can be considered as an important external source of income which is increased in
developing and countries as people transfer funds to their family and relative living other
country. It is the second largest external resource of income after foreign direct investment and
may increase sometimes from the same. Furthermore, there are various individuals who stayed in
abroad and for earnings and then send money to their family and friends living in native country
respectively. It has been analysed and that various international organisations such as Investment
Monetary Fund, World Bank and government organisations which consider remittance as a
developing mechanism. It will provide support to the impacts of remittance usually effects on the
basis of its utilisation in the origin nation including education, investment, consume, health and
many more.
At the other hand, it is observed that volume of remittance gets increased in several years and it
effects various factors such as poverty reduction, education, economic growth and
entrepreneurship. Remittance will provide support gain development and reduce negative factors
like poverty, hunger, poor health and so on which is essential to establish well developed
country. It is linked with increased investment of households in education, entrepreneurship and
health but its s helpful mostly to those people stayed in another country and easily provide
financial help to their family members (Bertoli and Marchetta, 2015). However, it will provide
help to improve economic growth of the nation in terms of increasing annual income due to
continue flow of externals funds accordingly. In addition to this, remittance is helpful to gain
benefits of friends and relatives along with overall citizens living in country as contributes to
5
the people are migrants from one place to another.
Remittance and its positive and negative impacts
Remittance can be described as to send money including buying anything buy from websites
with the help credit card. It is helpful to make an appropriate payment that gets sent to someone
else through electronic medium. However, it is all about transfer funds generally from buyer to
distant seller, instrument of transfer such check of draft or funds so transferred respectively. In
addition to this, remittance can be considered as major international flows of financial resources
which can exceed the flows of foreign direct investments many times. It is a kind of und transfer
which is mostly done by migrants to family and friends accordingly. Meanwhile, it tends to be
well assigned to the requirements of their beneficiaries (McGregor, Hsia and Lammerding,
2016). It can be considered as an important external source of income which is increased in
developing and countries as people transfer funds to their family and relative living other
country. It is the second largest external resource of income after foreign direct investment and
may increase sometimes from the same. Furthermore, there are various individuals who stayed in
abroad and for earnings and then send money to their family and friends living in native country
respectively. It has been analysed and that various international organisations such as Investment
Monetary Fund, World Bank and government organisations which consider remittance as a
developing mechanism. It will provide support to the impacts of remittance usually effects on the
basis of its utilisation in the origin nation including education, investment, consume, health and
many more.
At the other hand, it is observed that volume of remittance gets increased in several years and it
effects various factors such as poverty reduction, education, economic growth and
entrepreneurship. Remittance will provide support gain development and reduce negative factors
like poverty, hunger, poor health and so on which is essential to establish well developed
country. It is linked with increased investment of households in education, entrepreneurship and
health but its s helpful mostly to those people stayed in another country and easily provide
financial help to their family members (Bertoli and Marchetta, 2015). However, it will provide
help to improve economic growth of the nation in terms of increasing annual income due to
continue flow of externals funds accordingly. In addition to this, remittance is helpful to gain
benefits of friends and relatives along with overall citizens living in country as contributes to
5
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improve annual income which facilitate to development respectively. At the other hand,
advanced technology facilitates to make this fund transfer more easy in present scenario as it
helps to complete urgent requirements of known ones in proper manner immediately. Different
electronic devices very effective as well as efficient in order to conduct payment to desired
person from sitting at home in correct way to fulfil requirements accurately.
Globalisation can be explained as an appropriate procedure of interaction and integration among
people, companies and government authorities at global level. It involves to interact at global
level which provide support to gain knowledge of different field as well as achieve beneficial
opportunities to enhance personal or professional career successfully. However, globalisation
facilitate to know about different types of cultures and creativeness present in different countries
of the world which are responsible for developing various favourable opportunities for welfare of
an individual or a business. There are different types of business organisations are running which
can enhance their business at global level in order to increase their productivity as well as
profitability in accurate manner (Kuuire and et. Al., 2016).
At the other hand, remittance can be considered as major engine which facilitate and
promote globalisation in order to create several opportunities to achieve better results properly.
The migrants get direct benefit of remittance as they earn in another nation and send required
amount of money their family members so that they live in native country in comfortable way.
Interaction at global level generate ay opportunities for a person so that they can earn enough
money to fulfil their actual needs along with desires of their family in respect of spending a
better life. In addition to this remittance at global level provide support to reduce several
negative factors from different countries of the world including poverty, hunger, health
problems, lack of education, lack go income of source and so on. Remittance directly effects
poverty as it increases income which is essential to remove the same threat from life of an
individual respectively.
In addition to this, migrants become comfortable to go abroad for earning as they have
assurance about sending money on time to their family members through remittance. It will
make their comfortable to visit other nation and stay there for earning better amount of funds
which is helpful to then and their family in order to increase their standards of living. Migrants’
work is considered as an increasingly significant feature of global economy and a by-product of
6
advanced technology facilitates to make this fund transfer more easy in present scenario as it
helps to complete urgent requirements of known ones in proper manner immediately. Different
electronic devices very effective as well as efficient in order to conduct payment to desired
person from sitting at home in correct way to fulfil requirements accurately.
Globalisation can be explained as an appropriate procedure of interaction and integration among
people, companies and government authorities at global level. It involves to interact at global
level which provide support to gain knowledge of different field as well as achieve beneficial
opportunities to enhance personal or professional career successfully. However, globalisation
facilitate to know about different types of cultures and creativeness present in different countries
of the world which are responsible for developing various favourable opportunities for welfare of
an individual or a business. There are different types of business organisations are running which
can enhance their business at global level in order to increase their productivity as well as
profitability in accurate manner (Kuuire and et. Al., 2016).
At the other hand, remittance can be considered as major engine which facilitate and
promote globalisation in order to create several opportunities to achieve better results properly.
The migrants get direct benefit of remittance as they earn in another nation and send required
amount of money their family members so that they live in native country in comfortable way.
Interaction at global level generate ay opportunities for a person so that they can earn enough
money to fulfil their actual needs along with desires of their family in respect of spending a
better life. In addition to this remittance at global level provide support to reduce several
negative factors from different countries of the world including poverty, hunger, health
problems, lack of education, lack go income of source and so on. Remittance directly effects
poverty as it increases income which is essential to remove the same threat from life of an
individual respectively.
In addition to this, migrants become comfortable to go abroad for earning as they have
assurance about sending money on time to their family members through remittance. It will
make their comfortable to visit other nation and stay there for earning better amount of funds
which is helpful to then and their family in order to increase their standards of living. Migrants’
work is considered as an increasingly significant feature of global economy and a by-product of
6

globalisation. At last nut not the least, remittance plays an important role in lives of migrants and
improving economic condition of country in accurate way.
Applications of remittance
There are various kinds of applications of remittance due to that several benefits can be
achieved in which some of the m are given below –
Benefits to family and friends – This can be described as easily get funds to fulfil their
requirements related to education, daily expense, health and many more in required manner, it
will provide support render financial help to loving ones who staying another country so that
they can spend their lives properly. However, major problems of not getting funds on time due
earning in other nation which may generate critical situation in family but it will solve accurately
because of remittance. Additionally, there are various kinds of regular needs which are required
to be completed by using funds but lack of money generates huge problem in emergency then it
may result into complex situation. It involves various problems of life which can solve by
utilising appropriate amount of money which is send by family member earning abroad
respectively (Al Mamun and et. Al., 2015).
Increase annual income – The remittance refers to fund transfer from one person to
another which include some amount of taxation also and the funds depositing in tax is considered
as annual income of the country that is used for public welfare appropriate. It will provide
support to increase government income which facilitate to make economic condition of nation
very strong that is important for conduct different development activities or events in country for
welfare pf common public in order to solve their issues along with providing proper life to them.
In addition to this, there are various factors which are favourable for development of the nation
such as poverty, hunger, lack of education, employment etc. that can be removed by putting
income for developmental targets to improve their living of standards. Moreover, increase in
remittance will facilitate to boost up annual income of country which is helpful to attain
development of citizens appropriately.
Facilitate development – This can be described about effective as well as efficient
activities or projects which are carried by government authorities for welfare of common public.
It involves to improve standards of public facilities or investing in health care sector in order to
remove threats of different severe health problems from the society. The increase in remittance
will helps to boost up income of country i.e. government funds which are used for public welfare
7
improving economic condition of country in accurate way.
Applications of remittance
There are various kinds of applications of remittance due to that several benefits can be
achieved in which some of the m are given below –
Benefits to family and friends – This can be described as easily get funds to fulfil their
requirements related to education, daily expense, health and many more in required manner, it
will provide support render financial help to loving ones who staying another country so that
they can spend their lives properly. However, major problems of not getting funds on time due
earning in other nation which may generate critical situation in family but it will solve accurately
because of remittance. Additionally, there are various kinds of regular needs which are required
to be completed by using funds but lack of money generates huge problem in emergency then it
may result into complex situation. It involves various problems of life which can solve by
utilising appropriate amount of money which is send by family member earning abroad
respectively (Al Mamun and et. Al., 2015).
Increase annual income – The remittance refers to fund transfer from one person to
another which include some amount of taxation also and the funds depositing in tax is considered
as annual income of the country that is used for public welfare appropriate. It will provide
support to increase government income which facilitate to make economic condition of nation
very strong that is important for conduct different development activities or events in country for
welfare pf common public in order to solve their issues along with providing proper life to them.
In addition to this, there are various factors which are favourable for development of the nation
such as poverty, hunger, lack of education, employment etc. that can be removed by putting
income for developmental targets to improve their living of standards. Moreover, increase in
remittance will facilitate to boost up annual income of country which is helpful to attain
development of citizens appropriately.
Facilitate development – This can be described about effective as well as efficient
activities or projects which are carried by government authorities for welfare of common public.
It involves to improve standards of public facilities or investing in health care sector in order to
remove threats of different severe health problems from the society. The increase in remittance
will helps to boost up income of country i.e. government funds which are used for public welfare
7
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for increasing their standards of living so that they can reduce threats of society such as poverty,
health problems, lack of employment and so on. It is helpful for carrying out developing evets or
programs by putting desires amount of funds to get better outcomes of the same.
Positive impacts of remittance
In context of remittance, money goes directly to the desired individuals it is intend and it
will make sure about less chances of waste or corruption of the same. The risk of fraud or
robbery is remove and people can safely transfer their funds to appropriate person to
whom they want to send a particular amount of money in order to fulfil their actual needs
properly.
This money can be spending by desired person on specific areas such as education and
health care which may not be an official aid. It is helpful to reduce threats of misusing
funds and the consumer has considerably more sovereignty.
In case of remittance, the sender is confident that the amount of funds sent by them will
be utilise in appropriate manner and ever be used with an official aid respectively (Fonta
and et. Al., 2015).
Negative impacts of remittance
The development of infrastructure projects need sizeable funds which a person
remittances cannot provide. It is observed and analysed that for an instance schools,
hospitals, roads, bridges and many more require concentrated funds.
It relying on remittances may mean that a person may loss some of their skilled labour
force, although money does not flow into the economy. In addition to this, it is
recommended by others that it should encourage another people into the similar job field.
They tend not to target those people who are desperately in need in terms of both nations
as well as individuals accordingly.
It has been analysed that few of nations are too isolated for their population to go in order
to find work and ultimately they earn very little from remittances. Additionally, it is
observed and evaluated that such people requires foreign aid as it is essential to them for
gaining better income to spend their lives in proper manner.
CONCLUSION
From the above report, it is summarising that globalization can be described as an economic
phenomenon rather than it is help in covering all the factors of modern time period. It involves to
8
health problems, lack of employment and so on. It is helpful for carrying out developing evets or
programs by putting desires amount of funds to get better outcomes of the same.
Positive impacts of remittance
In context of remittance, money goes directly to the desired individuals it is intend and it
will make sure about less chances of waste or corruption of the same. The risk of fraud or
robbery is remove and people can safely transfer their funds to appropriate person to
whom they want to send a particular amount of money in order to fulfil their actual needs
properly.
This money can be spending by desired person on specific areas such as education and
health care which may not be an official aid. It is helpful to reduce threats of misusing
funds and the consumer has considerably more sovereignty.
In case of remittance, the sender is confident that the amount of funds sent by them will
be utilise in appropriate manner and ever be used with an official aid respectively (Fonta
and et. Al., 2015).
Negative impacts of remittance
The development of infrastructure projects need sizeable funds which a person
remittances cannot provide. It is observed and analysed that for an instance schools,
hospitals, roads, bridges and many more require concentrated funds.
It relying on remittances may mean that a person may loss some of their skilled labour
force, although money does not flow into the economy. In addition to this, it is
recommended by others that it should encourage another people into the similar job field.
They tend not to target those people who are desperately in need in terms of both nations
as well as individuals accordingly.
It has been analysed that few of nations are too isolated for their population to go in order
to find work and ultimately they earn very little from remittances. Additionally, it is
observed and evaluated that such people requires foreign aid as it is essential to them for
gaining better income to spend their lives in proper manner.
CONCLUSION
From the above report, it is summarising that globalization can be described as an economic
phenomenon rather than it is help in covering all the factors of modern time period. It involves to
8
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interact, integrate with people, organisations and government authorities at global level as it
provides different opportunities for growth respectively. However, migration has several positive
impacts such as reduction in unemployment and people get better job opportunities, helps in
improving the quality of life people, helps in improving social life people, higher growth of
region and children get better opportunities for higher education. Moreover, it has certain
negative impacts also including loss of rural areas people, increase in job competition, huge
pressure, difficult for villagers to survive in urban areas, migrants are illiterate and uneducated
and increasing in slum areas. Additionally, there are several applications of remittance like
benefits to family & friends, increase annual income and facilitate development on county.
9
provides different opportunities for growth respectively. However, migration has several positive
impacts such as reduction in unemployment and people get better job opportunities, helps in
improving the quality of life people, helps in improving social life people, higher growth of
region and children get better opportunities for higher education. Moreover, it has certain
negative impacts also including loss of rural areas people, increase in job competition, huge
pressure, difficult for villagers to survive in urban areas, migrants are illiterate and uneducated
and increasing in slum areas. Additionally, there are several applications of remittance like
benefits to family & friends, increase annual income and facilitate development on county.
9

REFERENCES
Books and journals
Dirlik, A., 2018. The postcolonial aura: Third World criticism in the age of global capitalism.
Routledge.
Taylor, P.J. and Derudder, B., 2015. World city network: a global urban analysis. Routledge.
Aubert, L., 2017. The music of the other: new challenges for ethnomusicology in a global age.
Routledge.
Urry, J., 2015. Climate change and society. In Why the social sciences matter (pp. 45-59).
Palgrave Macmillan, London.
Vathi, Z. and Duci, V., 2016. Making other dreams: The impact of migration on the psychosocial
wellbeing of Albanian-origin children and young people upon their families’ return to
Albania. Childhood. 23(1). pp.53-68.
van der Werf, M.J. and Zellweger, J.P., 2016. Impact of migration on tuberculosis epidemiology
and control in the EU/EEA. Eurosurveillance. 21(12).
Akkaya-Kalayci, T. and et. Al., 2015. The impact of migration and culture on suicide attempts of
children and adolescents living in Istanbul. International journal of psychiatry in clinical
practice. 19(1). pp.32-39.
Steingress, W., 2015. The causal impact of migration on us trade: Evidence from a natural
experiment.
McGregor, A.L., Hsia, C.R. and Lammerding, J., 2016. Squish and squeeze—the nucleus as a
physical barrier during migration in confined environments. Current opinion in cell biology. 40.
pp.32-40.
Bertoli, S. and Marchetta, F., 2015. Bringing it all back home–return migration and fertility
choices. World Development. 65. pp.27-40.
Kuuire, V.Z. and et. Al., 2016. Impact of Remittance behaviour on immigrant homeownership
trajectories: An analysis of the longitudinal survey of immigrants in Canada from 2001 to
2005. Social Indicators Research. 127(3). pp.1135-1156.
Al Mamun, M. and et. Al., 2015. Remittance and domestic labor productivity: Evidence from
remittance recipient countries. Economic Modelling. 47. pp.207-218.
10
Books and journals
Dirlik, A., 2018. The postcolonial aura: Third World criticism in the age of global capitalism.
Routledge.
Taylor, P.J. and Derudder, B., 2015. World city network: a global urban analysis. Routledge.
Aubert, L., 2017. The music of the other: new challenges for ethnomusicology in a global age.
Routledge.
Urry, J., 2015. Climate change and society. In Why the social sciences matter (pp. 45-59).
Palgrave Macmillan, London.
Vathi, Z. and Duci, V., 2016. Making other dreams: The impact of migration on the psychosocial
wellbeing of Albanian-origin children and young people upon their families’ return to
Albania. Childhood. 23(1). pp.53-68.
van der Werf, M.J. and Zellweger, J.P., 2016. Impact of migration on tuberculosis epidemiology
and control in the EU/EEA. Eurosurveillance. 21(12).
Akkaya-Kalayci, T. and et. Al., 2015. The impact of migration and culture on suicide attempts of
children and adolescents living in Istanbul. International journal of psychiatry in clinical
practice. 19(1). pp.32-39.
Steingress, W., 2015. The causal impact of migration on us trade: Evidence from a natural
experiment.
McGregor, A.L., Hsia, C.R. and Lammerding, J., 2016. Squish and squeeze—the nucleus as a
physical barrier during migration in confined environments. Current opinion in cell biology. 40.
pp.32-40.
Bertoli, S. and Marchetta, F., 2015. Bringing it all back home–return migration and fertility
choices. World Development. 65. pp.27-40.
Kuuire, V.Z. and et. Al., 2016. Impact of Remittance behaviour on immigrant homeownership
trajectories: An analysis of the longitudinal survey of immigrants in Canada from 2001 to
2005. Social Indicators Research. 127(3). pp.1135-1156.
Al Mamun, M. and et. Al., 2015. Remittance and domestic labor productivity: Evidence from
remittance recipient countries. Economic Modelling. 47. pp.207-218.
10
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