Growing remittance industry

Progressive Migration Group series

Policy Brief

13/05/2024

Focus on the one billion people supported by migrants

This policy brief is centred around remittances. While they may be in the form of either cash or goods to support their families and may be sent through various channels (such as digital services, post office and money operators), official statistics often do not entirely capture these flows and their broad scope. The official reference limits remittances to two items in the balance of payments framework: personal transfers and compensation of employees.

Furthermore, the limited tracking and collection of remittance data among countries impacts regional and global reporting. This brief intends to discuss remittances in the broader sense, despite data limitations. It also offers recommendations to EU policymakers centred around remittances as a game changer, the need for a balanced narrative on migration and the recognition of a new Africa, which has matured in its knowledge and skills base.

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Friedrich-Ebert-Stiftung
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13/05/2024

Growing remittance industry

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13/05/2024

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Is it time to turn down the volume on the migration debate?

by IPS Journal 13/11/2023
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