Migration, Remittances and Development
This publication presents the current situation with regard to the magnitude and economic impact of migrants’ remittances to their countries of origin. In 2004, remittances exceeded official development aid in several emigration countries: they totalled USD 126 billion according to IMF estimates.
The book surveys the channels used to collect these funds; the role of banking systems and other financial institutions; the introduction of new technologies and their impact on fund collection; how the funds are transferred; and how to reduce the costs. Focus is also placed on the different ways in which migrants themselves participate -- together with non-governmental organisations, host countries and sending countries -- to open up new avenues for policies on development aid and co-development. The direct role that migrants can play at the local level is highlighted.
Several countries and regions are illustrated: Southern European countries, Mexico, Turkey, North African and sub-Saharan African countries, the Philippines and some Latin American countries.
Also available in: French
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The Remittances of Moroccan Emigrants and their Usage
The Moroccan population living abroad is estimated at some 3 million people, that is, 10% of the population of Morocco.1 About four-fifths of Moroccans residing abroad (MRA) live in Europe. It is a comparatively old migration, dating back to the beginning of the 20th century. Thus migration has considerably increased since the 1960s.
Also available in: French
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