Migrant remittances are a lifeline for families, and a force for development

15 Oct 2015 by Ben Slay, Senior Economist and Mihail Peleah, Programme Specialist in Green Economy and Employment

A worker in TajikistanRelative to GDP, remittances flowing into Tajikistan are among the largest in the world. Photo: Mashid Mohadjerin
With an influx of refugees and migrants making headlines in Europe and politicians around the world debating the merits of immigration, it’s important to take a step back and consider the development impact migration has for both sending countries and host nations. International labour migration has become a key driver of development around the world. One way migration impacts development is through the accompanying remittances, the money sent by migrant workers (and diasporas) to relatives back home. … Read more

UNDP Around the world