The paper focuses on the broader phenomenon of international economic migration, thus directly addressing one of the two global compacts — that on safe, orderly and regular migration — proposed as an outcome of the UNGA Summit on Large Movements of Refugees and Migrants, September 19, 2016....

The diaspora of developing countries can be a potent force for development for their countries of origin, through remittances, but also, importantly, through promotion of trade, investments, research, innovation, and knowledge and technology transfers. This book brings relevant experience from...

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...

Cover -- Contents -- Foreword -- Acknowledgments -- Highlights -- Data Notes -- Abbreviations -- Migration and Remittances: Top Countries -- South-South Migration versus South-North Migration -- Remittances Compared with Other Resource Flows -- World -- Developing Countries -- Regional Tables --...

Remittances remain a key source of funds for developing countries, far exceeding official development assistance and even foreign direct investment. Remittances have proved to be more stable than private debt and portfolio equity flows, and less volatile than official aid flows, and their annual...