Read all posts for ‘remittances’

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 […]

Remittances have emerged as an important source of external development finance for developing countries in recent years. This paper examines the causes and implications of remittance flows. It suggests a role for an international organization to intermediate these flows to lower transaction costs and increase transparency, which would both enhance […]

By a rough estimate, in 2005, two of every five migrants in the world — some 78 million out of 191 million migrants — were residing in a developing country. Most of these migrants are likely to have come from other developing countries. However, the extent of migration between developing […]

According to recent surveys, every Latin American immigrant in the United States sends between $100 and $300 back home each month. This report highlights the remittance practices of Latin America and their role as a foreign currency source across the region. http://vimeo.com/6110914

In Tajikistan most rural inhabitants don’t have access to drinking water near their homes. This innovative project, initiated by UNDP and the European Commission’s ‘ECHO’ Programme, encourages Tajik migrant workers to earmark some of the money they earn abroad for the installation of drinking water facilities for their families back […]