The role of remittances in development and economic growth is not well understood. This is partly because the literatures on the causes and effects of remittanc

Migrants have long faced unwarranted constraints to sending money to family members and relatives in their home countries, among them costly fees and commission

International migration, the movement of people across international boundaries to improve economic opportunity, has enormous implications for growth and welfar

In this paper we survey the recent literature assessing the development impact of international migrant remittances. We begin by arguing that international migr

Given the large size of aggregate remittance flows (billions of dollars annually), they should be expected to have significant macroeconomic effects on the econ