Migration, Remittances and Development

image of Migration, Remittances and Development

This publication presents the current situation with regard to the magnitude and economic impact of migrants’ remittances to their countries of origin. In 2004, remittances exceeded official development aid in several emigration countries: they totalled USD 126 billion according to IMF estimates.

The book surveys the channels used to collect these funds; the role of banking systems and other financial institutions; the introduction of new technologies and their impact on fund collection; how the funds are transferred; and how to reduce the costs. Focus is also placed on the different ways in which migrants themselves participate -- together with non-governmental organisations, host countries and sending countries -- to open up new avenues for policies on development aid and co-development. The direct role that migrants can play at the local level is highlighted.

Several countries and regions are illustrated: Southern European countries, Mexico, Turkey, North African and sub-Saharan African countries, the Philippines and some Latin American countries.

English French


Some Lessons from the Agence Francaise de Développement in the Field of Co-Development

The Agence Française de Développement (AFD) (French Development Agency) has a long history of regarding migrants as “stakeholders in the development of their home country”. This approach dates back to 1974, when the AFD (then known as the Caisse Centrale de Coopération Economique) introduced an occupational training programme for migrant workers volunteering for economic reintegration in highly skilled jobs that were unfilled in their home country.

English French

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