This brief aims to provide an update on key developments in the area of migration and remittance flows and related policies over the past six months. It also provides medium-term (three year) projections of remittance flows to developing countries

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...