Remittances by emigrants : issues and evidence
- SantiagoCL CEPAL 2003
- 40 p.
Discusses global and regional trends in remittances flows and their growing importance as a source of external transfer to developing countries. Examines measurement issues and discusses the main micro-motives for remittances and their implications for their stability across cycles. Analyzes their development impact. Presents an overview of the international market for remittances and provides evidence on costs of sending them to various country groups. Highlights policies to cut the costs of sending remittances and enhancing their development impact.