Author Archive

Most immigrants send money home to help their families, but few realize the huge global impact of these payments. Samuil Simeonov asks whether they’re really doing as much good as they might hope.

Remittances are becoming an important source of external financing for developing countries. For some developing countries it forms almost 40-50% of their GDP. This study undertakes impact analysis of remittances on poverty in developing countries at two levels. Firstly, it estimates the impact of remittances on poverty in 77 developing […]

It has been argued that the brain drain’s negative impact may be offset by the higher remittance levels skilled migrants send home. The main finding of this paper, however, is that remittances decrease with the share of migrants with tertiary education. Moreover, remittances seem to increase with source countries’ level […]

This paper examines the impact of international migration and remittances on poverty in 71 developing countries. The results show that both international migration and remittances significantly reduce the level, depth, and severity of poverty in the developing world. After allowing for the possible endogeneity of international migration, and controlling for […]

Remittance flows are an important source of funds for many developing countries. Worker Remittances have been growing rapidly in the past few years and now represent the largest source of foreign income for many developing countries. It is hard to estimate the exact size of remittance flows because many transfers […]