E.g., 10/26/2014
E.g., 10/26/2014

Remittances

Remittances

Remittances are among the most tangible links between migration and development. According to World Bank projections, global remittances will reach $515 billion in 2015. Developing countries receive the lion’s share of global remittances, and in 25 countries, remittances were equal to more than 10 percent of gross domestic product as of 2011. Remittances, as the research here discusses, can play an effective role in reducing poverty, and they provide a convenient angle for approaching the complex migration agenda.

Recent Activity

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Online Journal

India receives more remittances than any other country in the world. MPI's Muzaffar Chishti explores the factors responsible for remittance growth in the last 15 years.

Online Journal

In 2004, Central American countries received US$ 7.8 billion in remittances through official channels. Are remittances hurting or helping the region? MPI’s Dovelyn Agunias investigates.

Online Journal

Perhaps best known for its brain drain and the related success of its diaspora, Ghana also has an important role in West African migration patterns, past and present. Micah Bump of Georgetown's Institute for the Study of International Migration takes a detailed look at a country in transition.

Online Journal

Jeffrey H. Cohen of Pennsylvania State University outlines the migration and remittance patterns of people from the southern Mexican state of Oaxaca.

Online Journal

Dean Yang of the University of Michigan explains how a change in currency values prompted families in the Philippines to invest more in education and enterprises.

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Recent Activity

Policy Briefs
September 2008

This report provides a global look at circular migration experiences, depicts various governments’ attempts at creating circular migration, evaluates the economic costs and benefits of circular migration for sending and receiving countries, identifies components of effective bilateral agreements, and reviews outcomes governments might realistically expect from their circular migration policies.

Reports
September 2007

This report examines the ways in which governments can make the emerging global mobility system work better for European migrant-receiving countries, their developing-country partners, and the migrants themselves.

Fact Sheets
September 2007

This report offers an intricate look at the slowdown in remittance growth experienced by Mexico in 2007 by comparing remittance flow figures among Mexican states, and highlights regions that may be particularly vulnerable to risks associated with remittance fluctuations.

Policy Briefs
June 2007

This report identifies features of remittances that make them ideal leveraging agents for poverty reduction and migration management agendas, and proposes a four-part international research and policy agenda for maximizing the development impact of international remittances.

Policy Briefs
May 2007

This report captures India’s exceptional growth in reported remittances over the 15-year period between 1990 and 2005. It explores the relative importance of these remittances in India’s economy, and then identifies factors responsible for this exponential gain.

Reports
September 2006

Previously confined to everyday conversations among migrants and their families, remittances are now on the minds of most governments, members of civil society, the international community, and, to some extent, the private sector. The continued deficiency in our understanding of some of the fundamental aspects of remittances is evident in current literature.

Books
October, 2005

This volume finds that while emigration may be beneficial in some cases, unhindered high-skilled emigration, particularly in the case of sub-Saharan Africa, can have disastrous consequences. The author, Arno Tanner, recommends specific policies where carefully targeted development measures could be used to mitigate the negative consequences of brain drain.

Reports
July 2004

This report analyzes the impact of established diaspora on the reduction of poverty in their countries of origin. It examines their contributions beyond individual remittances, in the dimensions of foreign direct investment, market development, technology transfer, philanthropy, tourism, political contributions, and the more intangible flows of knowledge, new attitudes, and cultural influence.

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