E.g., 06/18/2021
E.g., 06/18/2021
Remittances

Remittances

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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.

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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.

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A number of governments and institutions are determined to ride international migration toward a future of greater prosperity. MPI's Kathleen Newland outlines what they all should know about the pluses and minuses of the most basic issues that frame the debate on migration and development: remittances and the brain drain.

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Mexico has often been cited as a successful example of the positive relationship between migration and development. But Raúl Delgado-Wise and Luis Eduardo Guarnizo show why Mexico's model is unsustainable.

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.

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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.

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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.
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.

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

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