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.
Remittances would seem to boost the chances that children in Mexico complete high school. But money alone does not improve schooling outcomes in the educationally marginalized, migrant-sending regions of southern Mexico, as Adam Sawyer of the Harvard Graduate School of Education reports.
The world's second most populous country also has a vast diapora spread across nearly every continent. Daniel Naujoks provides a broad overview of Indian migration flows and major populations worldwide, and discusses India's diaspora policies, refugees and asylum seekers from the region, and illegal immigrants from Bangladesh.
For many Armenians, working abroad and sending money home has become the main way of coping with poverty and limited job prospects. Aleksandr V. Gevorkyan, Arkady Gevorkyan, and Karine Mashuryan examine recent labor migration flows, the growth in remittances, and concerns about the country's dependence on both.
Most migrants living and working in developing countries come from other developing countries. Dilip Ratha and William Shaw of the World Bank analyze data on this type of migration, known as South-South, and estimate the amount of South-South remittances and their cost.
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.
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.
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.
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.
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.
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.
Although the relationship between migration and development has been widely discussed and debated for more than 30 years, a number of unanswered questions and unsettled debates remain. On April 11 and 12, 2003, the Migration Policy Institute sought to advance the dialogue. This report summarizes the key talking points of the high level meeting and offers some key summary remarks.