Highlights: The growth of remittances to low- and middle-income countries (LMICs) slowed to 3.8 percent in 2023 after averaging about 9 percent over the previous two years...
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Remittances
Income pooling in the context of geographically stretched households, that is, households with migrants who maintain close relations and economic ties with household members left behind, is examined...
Highlights:
The global economic recovery remains fragile, creating choppy seas for the recovering Pacific. While global conditions have gradually improved since the pandemic and spillovers from...
The Sustainable Development Goals (SDG) emphasise the reduction of poverty, hunger, and food insecurity as prerequisites for the economic development of a country. This paper examines how natural disaster shocks...
Despite regional instability and global inflation, Tajikistan had strong economic growth and record-low inflation in 2022. Economic activity was bolstered by remittances flows and expanded...
Highlights:
Migration is a development challenge. About 184 million people—2.3 percent of the world’s population—live outside of their country of nationality. Almost half of them are in...
International remittance flows have proven their resilience through the COVID-19 pandemic-induced economic crisis in spite of initial expectations forecasting their decline and associated devastating...
Key Findings
Global remittance trends
Total remittances transferred in 2021 to LMICs are estimated at US$605 billion.
By 2030, an estimated US$5.4 trillion...
COVID-19 risks rolling back many of the efforts and global successes recorded in reducing poverty and food insecurity. We undertake a systematic review of the growing microeconomic literature...
This Migration and Development Brief discusses the anticipated effects of the Russian invasion of Ukraine on migration and remittance flows. And ahead of the International Migration Review Forum to be held in May...