Migration and Remittances : Recent Developments and Outlook

Ratha, Dilip K. ; De, Supriyo ; Dervisevic, Ervin ; Plaza, Sonia ; Schuettler, Kirsten ; Shaw, William ; Wyss, Hanspeter ; Yi, Soonhwa ; Yousefi, Seyed Reza

关键词: SANITATION;    MONEY TRANSFER SYSTEMS;    LABOR MIGRANTS;    COSTS OF REMITTANCES;    MONETARY POLICY;   

RP-ID  :  106033

学科分类：社会科学、人文和艺术（综合）

来源: World Bank Open Knowledge Repository

【 摘 要 】

Using newly available census data, thestock of international migrants is estimated at 247 millionin 2013, significantly larger than the previous estimate of232 million, and is expected to surpass 250 million in 2015.Migrants’ remittances to developing countries are estimatedto have reached $436 billion in 2014, a 4.4 percent increaseover the 2013 level. All developing regions recordedpositive growth except Europe and Central Asia (ECA), whereremittance flows contracted due to the deterioration of theRussian economy and the depreciation of the ruble.In 2015,however, the growth of remittance flows to developingcountries is expected to moderate sharply to 0.9 percent to$440 billion, led by a 12.7 percent decline in ECA andslowdown in East Asia and the Pacific, Middle-East and NorthAfrica, and Sub-Saharan Africa. The positive impact on flowsof a robust recovery in the US will be partially offset bycontinued weakness in Europe, the impact of lower oil priceson the Russian economy, the strengthening of the US dollar,and tighter immigration controls in many source countriesfor remittances. Remittance flows are expected to recover in2016 to reach $479 billion by 2017, in line with the morepositive global economic outlook.