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Migrant Labor Remittances in Africa

Reducing Obstacles to Developmental Contributions

Bibliographic Data

ID19948990
AuthorsCersten Sander, Samuel Munzele Mainbo
Year2005
Publication date2005-02-01
Open AccessNo
TypeBOOK
PublisherWorld Bank, Washington, DC (PUBLISHER)
DOI10.1596/9672
OpenAlexW2135593383
LanguageEN
Citations received30

Migrants have received heightened international recognition from the development community in recent times. New World Bank estimates on the volume of remittances show that documented remittance flows continue to increase at a rapid rate, putting global annual flows at US$88 billion for 2002 (revised up from earlier estimates of US$80 billion reported in the 2003 World Bank Global Development Report) and projecting $90 billion for 2003, based on trends in the first half of the year. Actual figures are generally accepted to be much higher. This means that remittance flows constitute the largest source of financial flows to developing countries after Foreign Direct Investment (FDI), and indeed in many countries exceed FDI flows

Balance of payments · Business · Context (archaeology) · Development economics · Economic growth · Economics · Foreign direct investment · Geography · Incentive · International economics · Investment (military) · Macroeconomics · Market economy · Political science · Remittance · Revenue · Economic Growth and Development · Finance · Migration and Labor Dynamics · Migration, Ethnicity, and Economy

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Unique citing works30
Citations per year1,43
Citation span2005 - 2021 (17)
Citation velocityhistorical
Highly citedNo
Citation typesNeutral: 11

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