Aga, Gemechu AyanaRatha, DilipSilwal, Ani2014-02-182014-02-182012-11-20https://hdl.handle.net/10986/17062The officially recorded remittances to developing countries are expected to reach 406 billion dollar in 2012, up by 6.5 percentage from 381 billion dollar in 2011. The true size of remittance flows, including unrecorded flows through formal and informal channels, is believed to be significantly larger. Compared to private capital flows, remittance flows have shown remarkable resilience since the global financial crisis, registering only a modest fall in 2009, followed by a rapid recovery. The size of remittance flows to developing countries is now more than three times that of official development assistance.en-USCC BY 3.0 IGOABUSEATM CARDSAVERAGE REMITTANCEBALANCE OF PAYMENTSBALANCE OF PAYMENTS STATISTICSBANK ACCOUNTBENEFICIARIESBENEFICIARYBENEFICIARY FINANCIAL INSTITUTIONSBILATERAL FLOWBILLSBRANCHLESS BANKINGCAPITAL FLOWSCENTRAL BANKSCITIZENSCLARITYCOMPENSATION OF EMPLOYEESCONSUMER PROTECTIONCONSUMER PROTECTIONSCURRENT POPULATIONDATA ON REMITTANCESDEPOSITDEPRECIATIONDEVELOPING COUNTRIESDEVELOPING COUNTRYDOWNWARD PRESSUREDURABLEDURABLE ASSETSECOSYSTEMELECTRONIC TRANSFERSENTRY BARRIERSEURO ZONEEXCHANGE RATEEXCHANGE RATESFINANCIAL CRISISFINANCIAL INSTITUTIONFINANCIAL INSTITUTIONSFINANCIAL SERVICESFLOW OF MIGRANTSFRAUDULENT TRANSACTIONSGROSS DOMESTIC PRODUCTGROWTH OF REMITTANCESGROWTH RATEGROWTH RATESHOME CURRENCYINCOMEINFORMAL CHANNELSINTERNATIONAL MIGRATIONINTERNATIONAL MONEYINTERNATIONAL MONEY TRANSFERINTERNATIONAL REMITTANCEINTERNATIONAL REMITTANCESINTERNATIONAL STANDARDSINTERNATIONAL TRANSACTIONSLABOR MARKETLABOR MARKETSLIQUID ASSETSLOCAL CURRENCYLOW-INCOME COUNTRIESMARKET COMPETITIONMARKET CONDITIONSMIGRANTMIGRANT REMITTANCEMIGRANT REMITTANCESMIGRANTSMOBILE PHONEMOBILE PHONESMONETARY FUNDMONETARY INSTRUMENTSMONEY HOMEMONEY LAUNDERINGMONEY TRANSFERMONEY TRANSFER OPERATORSMONEY TRANSFERSNATIVE WORKERSOFFICIAL DEVELOPMENT ASSISTANCEOIL PRICEOIL PRICESPAYMENT SERVICEPAYMENT SERVICESPAYMENT SYSTEMPOLITICAL UNCERTAINTYPORTFOLIOPRIVATE CAPITALPRIVATE DEBTQUOTASRECIPIENTS OF REMITTANCESREMITTANCEREMITTANCE AMOUNTREMITTANCE CHANNELSREMITTANCE CORRIDORSREMITTANCE COSTSREMITTANCE FLOWREMITTANCE FLOWSREMITTANCE INFLOWSREMITTANCE MARKETREMITTANCE OUTFLOWSREMITTANCE RECEIVINGREMITTANCE RECEIVING COUNTRIESREMITTANCE SENDERSREMITTANCE SERVICEREMITTANCE SERVICE PROVIDERSREMITTANCE SERVICESREMITTANCE TRANSFERREMITTANCE TRANSFERSREMITTANCESRESOURCE FLOWSRETURNSEND MONEYSEND REMITTANCESEND REMITTANCESSERVICE PROVIDERSKILLED MIGRANTSSLOWDOWNSMALL BUSINESSESSTOCKSTAXTAX RATESTELECOMMUNICATIONSTERRORISMTRADE SECTORSTRANSACTIONTRANSFER COSTSTRANSFER PROVIDERTRANSFER SERVICESTRANSPARENCYTREASURYUNDOCUMENTED MIGRANTSUNEMPLOYMENTUNEMPLOYMENT RATEUNEMPLOYMENT RATESWIRE TRANSFERWIRE TRANSFERSWORLD DEVELOPMENT INDICATORS10.1596/17062