Evaluating financial literacy training for migrant workers in the gulf

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dc.contributor.authorSESHAN, Ganesh K.
dc.date.accessioned2015-03-05T15:46:11Z
dc.date.available2015-03-05T15:46:11Z
dc.date.issued2015
dc.descriptionGLMM - Gulf Labour Markets and Migration
dc.description.abstractWe randomly assigned invitations to a savings-focused financial literacy workshop for married migrant Indian workers in Qatar on work contracts. Via surveys of migrants as well as their wives remaining behind in India, we provide a unique window into financial decision-making in transnational households. Migrants with low savings are most responsive, increasing their own savings and the remittances sent to their wives. They are also more likely to engage in joint decision making on money matters with spouses back home. From a practical standpoint, these results suggest that financial literacy interventions have a real potential to change migrant financial behaviours and are particularly relevant for temporary migrants in aiding them to maximise the accumulation of savings during their period of stay abroad.
dc.description.sponsorshipThe GLMM programme is conducted by the Gulf Research Centre (GRC) and the Migration Policy Centre (MPC) and financed by the Open Society Foundations (OSF).
dc.format.mimetypeapplication/pdf
dc.identifier.urihttps://hdl.handle.net/1814/34945
dc.language.isoen
dc.relation.ispartofseriesGLMMen
dc.relation.ispartofseriesExplanatory noteen
dc.relation.ispartofseries4/2015en
dc.relation.ispartofseriesMigration Policy Centreen
dc.relation.urihttp://gulfmigration.eu/
dc.relation.uriwww.migrationpolicycentre.eu
dc.relation.urihttp://www.grc.net/
dc.rightsinfo:eu-repo/semantics/openAccessen
dc.subjectLow-skilled labour
dc.subjectRemittances
dc.subjectEducation
dc.subjectQatar
dc.subjectGulf Cooperation Council
dc.subjectIndia
dc.subjectAsia
dc.titleEvaluating financial literacy training for migrant workers in the gulf
dc.typeTechnical Report
dspace.entity.typePublication
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