Many studies on the economic impact of international migration have been focused on the amount of remittances and how to use the remittances for the economy and welfare of the migrants and/or the family at home. This paper focuses on an important, but rarely discussed, aspect of the economic impact of international migration. This is the economic value of the lucrative businesses involving the pre-departure, placement, and return of the overseas workers. The workers and employers pay to the agents of this business. In this paper we estimate the value of the industry in Indonesia from 2003 to 2007. This is a conservative estimate, and the real value can be larger. It has neither considered the multiplier effect of this business. This paper aims to trigger further studies in this important area.
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