Mohapatra, Sanket; Ratha, Dilip; Silwal, Ani - 2013
in 2011. Growth of remittances in 2011 exceeded our earlier expectations in four regions, especially in Europe and … strong south-south flows and weaker currencies in some countries that attracted larger remittances). By contrast, growth in …. However, remittance costs continue to remain high, especially in Africa and in small nations where remittances provide a life …