Cross-border Remittances: Promoting Low-cost Remittance Channels

Event: 7th ADB-ADBI-OECD-ILO Roundtable on Labor Migration: Increasing the Positive Impact of Migration Through Finance and Technology

Cross-border Remittances: Promoting Low-cost Remittance Channels

18 January 2017
Author / Speaker: 
Isaku Endo, World Bank Group - Other materials by the author

View Slides

Remittances have become larger than official development assistance. They are also more stable than capital flows. This presentation shares the top recipients of remittances worldwide and the trends in international remiitances costs. It also discusses the challenges  experienced by some countries in maximizing the potential and use of remittances. 

Geographical Focus: 
Global
Type of Content: 
Learning Event

Disclaimer

The views expressed on this website are those of the authors and do not necessarily reflect the views and policies of the Asian Development Bank (ADB) or its Board of Governors or the governments they represent. ADB does not guarantee the accuracy of the data included in this publication and accepts no responsibility for any consequence of their use. By making any designation of or reference to a particular territory or geographic area, or by using the term “country” in this document, ADB does not intend to make any judgments as to the legal or other status of any territory or area.