Wednesday, December 19, 2007

[IWS] MPI: THE GLOBAL REMITTANCES GUIDE [19 December 2007]

IWS Documented News Service
_______________________________
Institute for Workplace Studies----------------- Professor Samuel B. Bacharach
School of Industrial & Labor Relations
-------- Director, Institute for Workplace Studies
Cornell University
16 East 34th Street, 4th floor
---------------------- Stuart Basefsky
New York, NY 10016
-------------------------------Director, IWS News Bureau
________________________________________________________________________

Migration Policy Institute (MPI)

The GLOBAL REMITTANCES GUIDE [19 December 2007]
http://www.migrationinformation.org/datahub/remittances.cfm


Remittances are among the most tangible links between migration and development. Officially recorded flows totaled over US$280 billion worldwide in 2006. Nearly three-quarters were sent to developing countries. In 22 countries, remittances were equal to more than 10 percent of Gross Domestic Product (GDP) in 2006; in six countries they were equal to more than 20 percent of GDP.

Learn about remittance trends and patterns of the world, six regions, and the top remittances-receiving countries in terms of the volume and the share of GDP, by selecting the geography of interest. Click on one of the two maps below to visualize global remittance flows, either numerically or as a share of GDP.

Note: These data only capture remittances sent through formal channels such as banks and money transfer operators. Currently, no uniform and authoritative historical data on informal flows exist. However, where estimates of informal remittances are available, we include them in the remittances profiles. Given the widespread use of informal remittance channels in many countries, the remittance data presented in this guide should be regarded as underestimates of the total flows.

For ALL REMITTANCE PROFILES see-
http://www.migrationinformation.org/dataHub/remit_pdf/All_regions.pdf
[full-text, 55 pages]
______________________________
This information is provided to subscribers, friends, faculty, students and alumni of the School of Industrial & Labor Relations (ILR). It is a service of the Institute for Workplace Studies (IWS) in New York City. Stuart Basefsky is responsible for the selection of the contents which is intended to keep researchers, companies, workers, and governments aware of the latest information related to ILR disciplines as it becomes available for the purposes of research, understanding and debate. The content does not reflect the opinions or positions of Cornell University, the School of Industrial & Labor Relations, or that of Mr. Basefsky and should not be construed as such. The service is unique in that it provides the original source documentation, via links, behind the news and research of the day. Use of the information provided is unrestricted. However, it is requested that users acknowledge that the information was found via the IWS Documented News Service.

****************************************
Stuart Basefsky                   
Director, IWS News Bureau                
Institute for Workplace Studies 
Cornell/ILR School                        
16 E. 34th Street, 4th Floor             
New York, NY 10016                        
                                   
Telephone: (607) 255-2703                
Fax: (607) 255-9641                       
E-mail: smb6@cornell.edu                  
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