Publication: Outlook for Remittance Flows 2008-2010 : Growth Expected to Moderate Significantly, But Flows to Remain Resilient
Date
2008-11
ISSN
Published
2008-11
Author(s)
Abstract
The outlook for remittances for the rest
of 2008 and 2009-10 remains as uncertain as the outlook for
global growth, oil and non-oil commodity prices, and
currency exchange rates. In the past, remittances have been
noted to be stable or even counter-cyclical, during an
economic downturn in the recipient economy, and resilient in
the face of a slowdown in the source country. This time,
however, the crisis has affected all countries, creating
additional uncertainties.
Citation
“Ratha, Dilip; Mohapatra, Sanket; Xu, Zhimei. 2008. Outlook for Remittance Flows 2008-2010 : Growth Expected to Moderate Significantly, But Flows to Remain Resilient. Migration and Development Brief; No. 8. © World Bank, Washington, DC. http://openknowledge.worldbank.org/entities/publication/475ade56-2d53-576c-a104-08c8d4d99353 License: CC BY 3.0 IGO.”