Remittance flows to developing countries: trends, importance and impact

Cátia Batista, Gaia Narciso, Carol Newman

Research output: Chapter in Book/Report/Conference proceedingChapter

Abstract

Estimates of remittance flows to developing countries reached $406 billion in 2012 and are forecast to grow at a rate of 8% over the next two years. The aim of this chapter is to analyse the impact of remittances on recipient households and countries. We start by surveying the economics literature on the effect of remittances on poverty and consumption of remittance recipients. Next, we explore the recent evidence on whether and how remittances are invested in human capital and entrepreneurial activities. Finally, we discuss the likely impact of more stringent immigration rules and rising unemployment rates in developed countries on future remittance flows.

Original languageEnglish
Title of host publicationEnacting Globalization
Subtitle of host publicationMultidisciplinary Perspectives on International Integration
EditorsLouis Brennan
Place of PublicationLondon
PublisherPalgrave Macmillan
Chapter21
Pages230-239
Number of pages10
ISBN (Electronic)9781137361943
ISBN (Print)9781137361936
DOIs
Publication statusPublished - 2 Dec 2013

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