This paper explores the developmental impacts of international remittance income on the recipient households. The empirical analysis proceeds in two parts. In the first part, we show that remittance income largely accrues to the families belonging to the bottom quintiles of the income...

The April 2016 issue of the Brief provides an update of the detailed estimates of remittances for 2015 and new projections for 2016-18. A special topic for this brief is a discussion of how migration outflows, temporary return, and remittances help households and societies cope with natural...

Using newly available census data, the stock of international migrants is estimated at 247 million in 2013, significantly larger than the previous estimate of 232 million, and is expected to surpass 250 million in 2015. Migrants’ remittances to developing countries are estimated to have...

Officially recorded remittance flows to developing countries reached an estimated $401 billion in 2012, growing by 5.3 percent compared with 2011. Remittance flows are expected to grow at an average of 8.8 percent annual rate during 2013-2015 to about $515 billion in 2015. Employment conditions...