Outlook for Remittance Flows 2011-12 : Recovery After the Crisis, But Risks Lie Ahead

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dc.creatorMohapatra, Sanket
dc.creatorRatha, Dilip
dc.creatorSilwa, Ani
dc.date2012-08-13T13:30:37Z
dc.date2012-08-13T13:30:37Z
dc.date2010-11
dc.date.accessioned2026-07-01T01:08:56Z
dc.descriptionOfficially recorded remittance flows to developing countries are estimated to increase by 6 percent to $325 billion in 2010. This marks a healthy recovery from a 5.5 percent decline registered in 2009. Remittance flows are expected to increase by 6.2 percent in 2011 and 8.1 percent in 2012, to reach $374 billion by 2012. This outlook for remittance flows, however, is subject to the risks of a fragile global economic recovery, volatile currency and commodity price movements, and rising anti-immigration sentiment in many destination countries. From a medium-term view, three major trends are apparent: (a) a high level of unemployment in the migrant-receiving countries has prompted restrictions on new immigration; (b) the application of mobile phone technology for domestic remittances has failed to spread to cross-border remittances; and (c) developing countries are becoming more aware of the potential for leveraging remittances and diaspora wealth for raising development finance.
dc.formatapplication/pdf
dc.formattext/plain
dc.identifierhttp://documents.worldbank.org/curated/en/2010/11/13266802/outlook-remittance-flows-2011-12-recovery-after-crisis-risks-lie-ahead
dc.identifierhttps://hdl.handle.net/10986/10907
dc.identifierhttps://doi.org/10.1596/10907
dc.identifier.urihttp://hdl.handle.net/123456789/415607
dc.languageEnglish
dc.publisherWorld Bank, Washington, DC
dc.relationMigration and Development Brief; No. 13
dc.rightsCC BY 3.0 IGO
dc.rightshttp://creativecommons.org/licenses/by/3.0/igo/
dc.rightsWorld Bank
dc.subjectACCESS TO FINANCE
dc.subjectACCESS TO REMITTANCE SERVICES
dc.subjectACROSS BORDERS
dc.subjectAGGREGATE DEMAND
dc.subjectASSETS
dc.subjectAVERAGE REMITTANCE
dc.subjectBALANCE OF PAYMENTS
dc.subjectBALANCE OF PAYMENTS STATISTICS
dc.subjectBANK ACCOUNTS
dc.subjectBANK DEPOSITS
dc.subjectBANKING REGULATIONS
dc.subjectBENEFICIARY
dc.subjectBILLS
dc.subjectBOND
dc.subjectBOND INSTRUMENTS
dc.subjectBONDS
dc.subjectBRANCHLESS BANKING
dc.subjectCAPITAL FLOWS
dc.subjectCENTRAL BANK
dc.subjectCENTRAL BANKS
dc.subjectCHECKS
dc.subjectCLARITY
dc.subjectCLEARING HOUSE
dc.subjectCOMMERCIAL BANKS
dc.subjectCOMMODITY PRICE
dc.subjectCOMMODITY PRICES
dc.subjectCOMMUNITY BANKS
dc.subjectCOMPENSATION OF EMPLOYEES
dc.subjectCONSUMER PROTECTION
dc.subjectCONVENTIONAL BANKS
dc.subjectCOUNTRIES OF ORIGIN
dc.subjectCOUNTRY OF RESIDENCE
dc.subjectCREDIT COOPERATIVE
dc.subjectCREDIT ENHANCEMENT
dc.subjectCREDIT ENHANCEMENTS
dc.subjectCREDIT RATING
dc.subjectCREDIT RATING AGENCIES
dc.subjectCREDIT SCORES
dc.subjectCREDIT SCORING
dc.subjectCREDIT UNIONS
dc.subjectCREDITOR
dc.subjectCREDITWORTHINESS
dc.subjectCURRENCY EXCHANGE
dc.subjectCURRENT POPULATION
dc.subjectDATA ON REMITTANCES
dc.subjectDEBT SUSTAINABILITY
dc.subjectDEPOSITS
dc.subjectDEPRECIATION
dc.subjectDEVALUATION
dc.subjectDEVELOPING COUNTRIES
dc.subjectDEVELOPING COUNTRY
dc.subjectDEVELOPMENT FINANCE
dc.subjectDIASPORA
dc.subjectDIVERSIFICATION
dc.subjectDOLLAR PRICES
dc.subjectDOMESTIC REMITTANCES
dc.subjectDOWNWARD PRESSURE
dc.subjectDUE DILIGENCE
dc.subjectECONOMIC CRISIS
dc.subjectECONOMIC DOWNTURNS
dc.subjectECONOMIC GROWTH
dc.subjectEMIGRATION
dc.subjectEMPLOYER
dc.subjectEMPLOYERS
dc.subjectENVIRONMENT FOR REMITTANCES
dc.subjectEQUITY FLOWS
dc.subjectETHNIC GROUPS
dc.subjectEXCHANGE RATE
dc.subjectEXCHANGE RATES
dc.subjectEXTERNAL FINANCING
dc.subjectFAMILIES
dc.subjectFEDERAL RESERVE
dc.subjectFINANCIAL COLLAPSE
dc.subjectFINANCIAL CRISIS
dc.subjectFINANCIAL EMPOWERMENT
dc.subjectFINANCIAL INSTITUTIONS
dc.subjectFINANCIAL LITERACY
dc.subjectFINANCIAL SERVICES
dc.subjectFINANCIAL SYSTEM
dc.subjectFOREIGN DIRECT INVESTMENT
dc.subjectFUTURE REMITTANCE
dc.subjectFUTURE REMITTANCES
dc.subjectGLOBAL DEMAND
dc.subjectGLOBAL ECONOMY
dc.subjectGLOBAL REMITTANCE
dc.subjectGLOBAL REMITTANCE MARKET
dc.subjectGROWTH OF REMITTANCES
dc.subjectGROWTH RATE
dc.subjectHIGH-INCOME COUNTRIES
dc.subjectHIGH-INCOME COUNTRY
dc.subjectHOME COUNTRY
dc.subjectHOST COUNTRIES
dc.subjectHOST COUNTRY
dc.subjectHOUSEHOLDS
dc.subjectILLEGAL IMMIGRATION
dc.subjectIMMIGRANTS
dc.subjectIMMIGRATION POLICIES
dc.subjectINCOME
dc.subjectINCOMES
dc.subjectINCREASE IN REMITTANCES
dc.subjectINFORMAL CHANNELS
dc.subjectINSTITUTIONAL CAPACITY
dc.subjectINTEREST RATE
dc.subjectINTERNATIONAL CAPITAL
dc.subjectINTERNATIONAL CAPITAL MARKETS
dc.subjectINTERNATIONAL FINANCE
dc.subjectINTERNATIONAL INVESTOR
dc.subjectINVESTOR DEMANDS
dc.subjectISSUANCE
dc.subjectLABOR MARKET
dc.subjectLABOR MOBILITY
dc.subjectLEGAL RECOURSE
dc.subjectLEGAL STATUS
dc.subjectLIQUIDITY
dc.subjectLIQUIDITY CRISIS
dc.subjectLOCAL CURRENCIES
dc.subjectLOCAL CURRENCY
dc.subjectLOW-INCOME COUNTRIES
dc.subjectMACROECONOMIC LEVEL
dc.subjectMARKET PLAYERS
dc.subjectMATURITIES
dc.subjectMATURITY
dc.subjectMICRO ENTREPRENEURS
dc.subjectMIGRANT
dc.subjectMIGRANT DESTINATION COUNTRIES
dc.subjectMIGRANT REMITTANCE
dc.subjectMIGRANT REMITTANCES
dc.subjectMIGRANT TRANSFERS
dc.subjectMIGRANT WORKER
dc.subjectMIGRANT WORKERS
dc.subjectMIGRANTS
dc.subjectMIGRATION FLOWS
dc.subjectMOBILE PHONE
dc.subjectMOBILE PHONES
dc.subjectMONEY HOME
dc.subjectMONEY LAUNDERING
dc.subjectMONEY TRANSFER
dc.subjectMONEY TRANSFER OPERATORS
dc.subjectMONEY TRANSFER SERVICES
dc.subjectMONEY TRANSFER SYSTEM
dc.subjectMONEY TRANSFERS
dc.subjectNATIONAL BORDERS
dc.subjectNATIVE WORKERS
dc.subjectNUMBER OF MIGRANTS
dc.subjectOIL PRICE
dc.subjectOIL PRICES
dc.subjectPACE OF DECLINE
dc.subjectPACE OF INCREASE
dc.subjectPAYMENT SERVICES
dc.subjectPAYMENT SYSTEMS
dc.subjectPAYMENTS SERVICES
dc.subjectPORTFOLIO
dc.subjectPOVERTY REDUCTION
dc.subjectPRICE MOVEMENTS
dc.subjectPRIVATE CAPITAL
dc.subjectPRIVATE DEBT
dc.subjectRATE OF GROWTH
dc.subjectRECESSION
dc.subjectREGULATORY AGENCIES
dc.subjectREGULATORY AUTHORITY
dc.subjectREGULATORY OVERSIGHT
dc.subjectREMITTANCE
dc.subjectREMITTANCE CORRIDOR
dc.subjectREMITTANCE CORRIDORS
dc.subjectREMITTANCE COSTS
dc.subjectREMITTANCE DATA
dc.subjectREMITTANCE FLOWS
dc.subjectREMITTANCE INFLOWS
dc.subjectREMITTANCE OUTFLOWS
dc.subjectREMITTANCE RECEIPTS
dc.subjectREMITTANCE SERVICE
dc.subjectREMITTANCE SERVICE PROVIDERS
dc.subjectREMITTANCE SERVICES
dc.subjectREMITTANCE TRANSACTIONS
dc.subjectREMITTANCE TRANSFERS
dc.subjectREMITTANCES
dc.subjectREMITTANCES FOR INVESTMENT
dc.subjectREMITTERS
dc.subjectRESERVE
dc.subjectRESERVE BANK
dc.subjectRETURN
dc.subjectRETURN MIGRATION
dc.subjectRETURNS
dc.subjectSAVINGS
dc.subjectSAVINGS DEPOSITS
dc.subjectSEND MONEY
dc.subjectSEND MONEY HOME
dc.subjectSEND REMITTANCES
dc.subjectSKILLED MIGRANTS
dc.subjectSLOWDOWN
dc.subjectSOVEREIGN RISK
dc.subjectSTATE BANK
dc.subjectSTOCKS
dc.subjectTAX
dc.subjectTEMPORARY WORKERS
dc.subjectTERRORIST
dc.subjectTRADE TRANSACTIONS
dc.subjectTRANSACTION
dc.subjectTRANSFER SERVICE
dc.subjectTRANSPARENCY
dc.subjectTREASURY
dc.subjectUNDOCUMENTED MIGRANTS
dc.subjectUNDOCUMENTED WORKERS
dc.subjectUNEMPLOYMENT
dc.subjectUNEMPLOYMENT RATE
dc.subjectUNEMPLOYMENT RATES
dc.subjectUNION
dc.subjectVALUATION
dc.subjectWORKFORCE
dc.subjectWORLD DEVELOPMENT INDICATORS
dc.titleOutlook for Remittance Flows 2011-12 : Recovery After the Crisis, But Risks Lie Ahead

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