Publication:
Migration and Remittances: Recent Developments and Outlook

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dc.contributor.authorRatha, Dilip K.
dc.contributor.authorDe, Supriyo
dc.contributor.authorDervisevic, Ervin
dc.contributor.authorPlaza, Sonia
dc.contributor.authorSchuettler, Kirsten
dc.contributor.authorShaw, William
dc.contributor.authorWyss, Hanspeter
dc.contributor.authorYi, Soonhwa
dc.contributor.authorYousefi, Seyed Reza
dc.date.accessioned2016-11-29T17:59:56Z
dc.date.available2016-11-29T17:59:56Z
dc.date.issued2015-04-13
dc.description.abstractUsing 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 reached $436 billion in 2014, a 4.4 percent increase over the 2013 level. All developing regions recorded positive growth except Europe and Central Asia (ECA), where remittance flows contracted due to the deterioration of the Russian economy and the depreciation of the ruble. In 2015, however, the growth of remittance flows to developing countries is expected to moderate sharply to 0.9 percent to $440 billion, led by a 12.7 percent decline in ECA and slowdown in East Asia and the Pacific, Middle-East and North Africa, and Sub-Saharan Africa. The positive impact on flows of a robust recovery in the US will be partially offset by continued weakness in Europe, the impact of lower oil prices on the Russian economy, the strengthening of the US dollar, and tighter immigration controls in many source countries for remittances. Remittance flows are expected to recover in 2016 to reach $479 billion by 2017, in line with the more positive global economic outlook.en
dc.identifierhttp://documents.worldbank.org/curated/en/136611467989539595/Migration-and-remittances-recent-developments-and-outlook
dc.identifier.doi10.1596/25478
dc.identifier.urihttps://hdl.handle.net/10986/25478
dc.languageEnglish
dc.language.isoen_US
dc.relation.ispartofseriesMigration and Development Brief;No. 24
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectSANITATION
dc.subjectMONEY TRANSFER SYSTEMS
dc.subjectLABOR MIGRANTS
dc.subjectCOSTS OF REMITTANCES
dc.subjectMONETARY POLICY
dc.subjectGLOBAL REMITTANCE
dc.subjectREGULATORY FRAMEWORK
dc.subjectUNEMPLOYMENT RATES
dc.subjectREPATRIATION
dc.subjectGROWTH OF REMITTANCES
dc.subjectREMITTANCE TRANSFER
dc.subjectDEVELOPMENT ASSISTANCE
dc.subjectBIG CITIES
dc.subjectMONEY LAUNDERING
dc.subjectMIGRATION POLICY
dc.subjectVALUE OF REMITTANCES
dc.subjectREMITTANCES FLOWS
dc.subjectINCOME
dc.subjectREMITTANCE INFLOWS
dc.subjectTERRORIST
dc.subjectREMITTANCE
dc.subjectBALANCE OF PAYMENTS
dc.subjectCOUNTRIES OF ORIGIN
dc.subjectDEVELOPING COUNTRIES
dc.subjectINFRASTRUCTURE DEVELOPMENT
dc.subjectIMMIGRANTS
dc.subjectMONEY TRANSFER
dc.subjectECONOMIC IMPLICATIONS
dc.subjectDATA ON REMITTANCES
dc.subjectREMITTANCE SERVICES
dc.subjectDROP IN REMITTANCES
dc.subjectDEVELOPMENT GOALS
dc.subjectCREDIT CARD
dc.subjectREMITTANCE FLOWS
dc.subjectSUSTAINABLE DEVELOPMENT
dc.subjectANNUAL REMITTANCES
dc.subjectNATIONAL LEVEL
dc.subjectBALANCE OF PAYMENTS MANUAL
dc.subjectNUMBER OF PEOPLE
dc.subjectVULNERABILITY
dc.subjectTRANSFER SERVICES
dc.subjectREMITTANCE OUTFLOWS
dc.subjectINTERNATIONAL LABOR ORGANIZATION
dc.subjectINFORMAL CHANNELS
dc.subjectMONEY TRANSFER OPERATORS
dc.subjectKNOWLEDGE
dc.subjectNATIVE WORKERS
dc.subjectREMITTANCE RECEIPTS
dc.subjectINTERNATIONAL MIGRATION
dc.subjectOFFICIAL DEVELOPMENT ASSISTANCE
dc.subjectTRAINING
dc.subjectFORCED MIGRATION
dc.subjectJOB OPPORTUNITIES
dc.subjectLOW-INCOME COUNTRIES
dc.subjectPOPULATION DIVISION
dc.subjectIMMIGRATION POLICIES
dc.subjectILLEGAL IMMIGRATION
dc.subjectINTERNATIONAL REMITTANCES
dc.subjectMIGRATION
dc.subjectTRANSFERS
dc.subjectNUMBER OF MIGRANTS
dc.subjectREMITTANCE SERVICE PROVIDERS
dc.subjectINTERNATIONAL MONEY TRANSFER OPERATORS
dc.subjectTECHNOLOGICAL INNOVATIONS
dc.subjectBALANCE OF PAYMENTS STATISTICS
dc.subjectLABOR SHORTAGES
dc.subjectSOCIAL SECURITY
dc.subjectHUMAN TRAFFICKING
dc.subjectTRANSFER COSTS
dc.subjectMIGRANT DESTINATION COUNTRIES
dc.subjectMIGRANTS
dc.subjectTRANSACTIONS
dc.subjectMIGRATION FLOWS
dc.subjectUNEMPLOYMENT
dc.subjectHOUSEHOLD LEVEL
dc.subjectDIASPORA
dc.subjectMIGRANT
dc.subjectREGULATORY FRAMEWORKS
dc.subjectTRANSPORTATION
dc.subjectPOLICIES
dc.subjectTRANSFER SYSTEMS
dc.subjectIMMIGRATION POLICY
dc.subjectLOW-INCOME COUNTRY
dc.subjectMIGRANT REMITTANCES
dc.subjectSMALL COUNTRIES
dc.subjectSKILL LEVEL
dc.subjectFOREIGN DIRECT INVESTMENT
dc.subjectMONEY TRANSFER BUSINESSES
dc.subjectPURCHASING POWER
dc.subjectNATIONAL AUTHORITIES
dc.subjectINTERNATIONAL MIGRANT
dc.subjectCAPITAL FLOWS
dc.subjectMIGRANT WORKERS
dc.subjectREFUGEES
dc.subjectINTERNATIONAL BORDERS
dc.subjectPOPULATIONS
dc.subjectFOREIGN EXCHANGE
dc.subjectMALARIA
dc.subjectNATIONALS
dc.subjectPOLICY
dc.subjectREMITTANCE COSTS
dc.subjectFINANCIAL INFRASTRUCTURE
dc.subjectBANK ACCOUNTS
dc.subjectINTERNATIONAL MIGRANTS
dc.subjectINTERNATIONAL MONEY TRANSFER
dc.subjectLOCAL COMMUNITY
dc.subjectRECIPIENT COUNTRIES
dc.subjectWIRE TRANSFERS
dc.subjectMONEY TRANSFER COMPANIES
dc.subjectBORDER TRANSACTIONS
dc.subjectWAR
dc.subjectIRREGULAR MIGRATION
dc.subjectDOMESTIC REMITTANCES
dc.subjectASYLUM
dc.subjectCENSUSES
dc.subjectCOUNTRY OF DEPARTURE
dc.subjectRURAL AREAS
dc.subjectREMITTANCE SERVICE
dc.subjectNUMBER OF CHILDREN
dc.subjectFINANCIAL MARKETS
dc.subjectIMMIGRATION
dc.subjectCOMPENSATION OF EMPLOYEES
dc.subjectRATE OF GROWTH
dc.subjectMONEY TRANSFER SERVICES
dc.subjectPOPULATION
dc.subjectDEVELOPMENT PLANS
dc.subjectMONEY TRANSFER BUSINESS
dc.subjectDEBIT CARD
dc.subjectTRANSFER BUSINESS
dc.subjectCIVIL WAR
dc.subjectFOREIGN POLICY
dc.subjectREMITTANCE CORRIDORS
dc.subjectHOME COUNTRIES
dc.subjectEXCHANGE RATE
dc.subjectCOUNTRY OF ORIGIN
dc.subjectREMITTANCES
dc.subjectRECIPIENT COUNTRY
dc.subjectACCOUNT HOLDERS
dc.subjectGENDER EQUALITY
dc.subjectSERVICE PROVIDERS
dc.titleMigration and Remittancesen
dc.title.subtitleRecent Developments and Outlooken
dc.typeBriefen
dc.typeFichefr
dc.typeResumenes
dspace.entity.typePublication
okr.date.disclosure2016-06-02
okr.date.doiregistration2025-04-29T09:40:05.161012Z
okr.doctypePublications & Research
okr.doctypePublications & Research::Brief
okr.docurlhttp://documents.worldbank.org/curated/en/136611467989539595/Migration-and-remittances-recent-developments-and-outlook
okr.guid136611467989539595
okr.identifier.externaldocumentum090224b08438eba0_1_0
okr.identifier.internaldocumentum26430471
okr.identifier.report106033
okr.importedtrue
okr.language.supporteden
okr.pdfurlhttp://documents.worldbank.org/curated/en/136611467989539595/pdf/106033-BRI-PUBLIC-KNOWLEDGE-NOTE-MigrationandDevelopmentBrief24.pdfen
okr.topicFinance and Financial Sector Development::Access to Finance
okr.topicFinance and Financial Sector Development::Banks & Banking Reform
okr.topicFinance and Financial Sector Development::Currencies and Exchange Rates
okr.topicFinance and Financial Sector Development::Debt Markets
okr.topicMacroeconomics and Economic Growth::Remittances
okr.unitMigration and Remittances-WB (DECMR)
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