Aga, Gemechu AyanaEigen-Zucchi, ChristianPlaza, SoniaSilwal, Ani Rudra2014-02-122014-02-122013-04-19https://hdl.handle.net/10986/17020Officially 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 in the United States (U.S.), including for migrants are improving, as also reflected in the quota for H-1B visas being rapidly filled for fiscal year 2014. Political momentum behind immigration reform in the US is growing. Average remittance prices were broadly unchanged at just above 9 percent over the last year, while the weighted average dropped in the first quarter of 2013 to an all-time low of 6.9 percent. While this suggests progress in reducing prices in high volume remittance corridors, prices continue to remain high in smaller corridors, affecting countries that have greater dependence on remittances. Migration and remittances are being featured in ongoing discussions on the millennium development goals and the post-2015 agenda.en-USCC BY 3.0 IGOACCOUNTINGAUTOMATIC TELLERAVERAGE REMITTANCEBACKED SECURITIESBALANCE OF PAYMENTSBALANCE OF PAYMENTS STATISTICSBANK ACCOUNTSBONDSCENTRAL BANKSCITIZENSHIPCOMMERCIAL BANKSCOMPENSATION OF EMPLOYEESCOUNTRIES OF ORIGINCREDITWORTHINESSCURRENT POPULATIONDATA ON REMITTANCESDEPOSITSDEVELOPING COUNTRIESDIASPORADISCLOSURE REQUIREMENTSDISCRIMINATIONECONOMIC CONDITIONSECONOMIC GROWTHEMERGING MARKETSEXCHANGE RATEEXCHANGE RATE MOVEMENTSEXTERNAL DEBTFINANCIAL CRISISFINANCIAL SERVICESGLOBAL DEVELOPMENTHOUSINGILLEGAL MIGRANTSIMMIGRANTIMMIGRANT POPULATIONIMMIGRATIONIMMIGRATION REFORMIMMIGRATION SYSTEMIMPACT OF MIGRATIONIMPORTANT POLICYINCOMEINCREASE IN REMITTANCESINFORMAL CHANNELSINFORMATION TECHNOLOGYINTEREST RATESINTERNAL MIGRANTSINTERNATIONAL BANKSINTERNATIONAL MIGRANTSINTERNATIONAL REMITTANCEJOB OPPORTUNITIESLABOR MARKETLAWSLEVEL OF DEBTLOW-INCOME COUNTRIESMARKET COMPETITIONMIGRANTMIGRANT FAMILIESMIGRANT REMITTANCESMIGRANT WORKERSMIGRANTSMIGRATIONMILLENNIUM DEVELOPMENT GOALSMONEY HOMEMONEY TRANSFERMONEY TRANSFER COMPANIESMONEY TRANSFER OPERATORSNATIONAL BORDERSNATIONAL LEVELNATIVE WORKERSOFFICIAL DEVELOPMENT ASSISTANCEOIL PRICESPAYMENT SYSTEMSPOLICY DIALOGUEPOPULATION DYNAMICSPORTFOLIOPOST OFFICESPRIVATE DEBTPROGRESSRECIPIENT COUNTRIESRECIPIENT COUNTRYREMITTANCEREMITTANCE CORRIDORSREMITTANCE COSTSREMITTANCE FLOWSREMITTANCE INDUSTRYREMITTANCE INFLOWSREMITTANCE SENDINGREMITTANCE SENDING COUNTRIESREMITTANCE SERVICEREMITTANCE SERVICE PROVIDERSREMITTANCE SERVICESREMITTANCE TRANSFERREMITTANCE TRANSFERSREMITTANCESREMITTANCES FROM MIGRANTSREMITTANCES REMITTANCESRESOURCE FLOWSRESPECTRETURNSEND REMITTANCESSERVICE PROVIDERSSKILLED MIGRANTSSPILLOVERSTOCKSTEMPORARY WORKTRANSFER COSTSTRANSPARENCYUNDOCUMENTED MIGRANTSUNEMPLOYMENTUSE OF REMITTANCESWORK PERMITSWORKFORCE10.1596/17020