Migration and Economic Development: Impacts of Remittances on Sending Countries

Migration has steadily increased, bringing radical changes to society, moving beyond local and national borders and becoming global. According to the International Migration Report 2020, the worldwide number of international migrants (including refugees) is 272 million, of which nearly two-thirds are labour migrants. The migration process has brought enormous changes to our societies, within both the countries of origin (native country of the migrant) and destination (country where the migrant resides). In this discussion concerning labour migration and development, the role of remittances is an often-highlighted topic.

By: Mohammed Ameen Arimbra

Published on March 8, 2020


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