Outlook for Remittance Flows 2011-13 : Remittance Flows Recover to pre-Crisis Levels

Officially recorded remittance flows to developing countries recovered quickly to $325 billion in 2010 after the global financial crisis. But they have not kept pace with rising prices in recipient countries. Remittance flows are expected to grow a...

Full description

Bibliographic Details
Main Authors:	Mohapatra, Sanket, Ratha, Dilip, Silwal, Ani
Format:	Brief
Language:	English
Published:	World Bank, Washington, DC 2012
Subjects:	ACCOUNTING ACROSS BORDERS ADVANCED ECONOMIES ANNUAL GROWTH BACKED BONDS BALANCE OF PAYMENTS BALANCE OF PAYMENTS STATISTICS BOND BONDS CENSUSES CENTRAL BANK CENTRAL BANKS CHECKS CITIZENSHIP COMMODITY COMMODITY PRICES COMPENSATION OF EMPLOYEES COMPLICATIONS CURRENCY APPRECIATION CURRENCY VALUE CURRENT POPULATION DATA ON REMITTANCES DEBT MANAGEMENT DEVELOPING COUNTRIES DEVELOPMENT GOALS DIASPORA DISSEMINATION DOLLAR EXCHANGE RATES DOMESTIC INFLATION EARTHQUAKE EMPLOYMENT OPPORTUNITIES EQUITY FLOWS EXCHANGE OF INFORMATION EXCHANGE RATE EXCHANGE RATES EXPENDITURE EXTERNAL FINANCING FINANCIAL CRISIS FOREIGN DIRECT INVESTMENT FOREIGN STUDENTS GLOBAL ECONOMY GROWTH OF REMITTANCES GROWTH RATE GROWTH RATES HIGH INFLATION HIGH-INCOME COUNTRIES HIGH-INCOME COUNTRY ILLEGAL MIGRANTS IMMIGRANT IMMIGRANTS IMMIGRATION IMMIGRATION POLICIES IMMIGRATION POLICY INCOME INFLATION INFORMATION TECHNOLOGY INNOVATIVE FINANCING INTEREST RATE INTERNATIONAL COMMUNITY INTERNATIONAL ORGANIZATION FOR MIGRATION INTERNATIONAL STUDENTS INVENTORY INVESTMENT BANKING ISSUANCE LABOR MARKET LABOR MARKETS LABOR SHORTAGES LEGAL FRAMEWORK LIQUIDITY LIQUIDITY CRISIS LOCAL CURRENCY LOW-INCOME COUNTRIES MATURITIES MIGRANT MIGRANT FLOWS MIGRANT LABOR MIGRANT TRANSFERS MIGRANT WORKERS MIGRANTS MIGRATION MINIMUM SALARY NATIVE WORKERS NUMBER OF WORKERS OIL PRICE OIL PRICES OIL REVENUES OIL-EXPORTING COUNTRIES OUTPUT PACE OF DECLINE POLITICAL RISK POPULATION DIVISION PORTFOLIO POVERTY REDUCTION PRESS RELEASE PRIVATE DEBT PUBLIC-PRIVATE PARTNERSHIPS PURCHASING POWER RATE OF INFLATION RATES OF INFLATION RECIPIENT COUNTRIES RECIPIENTS OF REMITTANCES REMITTANCE REMITTANCE DATA REMITTANCE FLOWS REMITTANCE INFLOWS REMITTANCE SENDING REMITTANCES REMITTANCES FLOWS REPATRIATION RESPECT RETURN RETURNEES RISK MANAGEMENT SAVINGS SECURITIES SKILLED MIGRANTS SKILLED MIGRATION SKILLED WORKERS SLOWDOWN SOVEREIGN RATING STOCKS SUBCOMMITTEE ON IMMIGRATION TECHNICAL ASSISTANCE TRANSPORTATION UNCERTAINTY UNEMPLOYMENT UNEMPLOYMENT RATES VALUE OF REMITTANCES VOLUME OF REMITTANCES WORLD DEVELOPMENT INDICATORS
Online Access:	http://documents.worldbank.org/curated/en/2011/05/14721360/outlook-remittance-flows-2011-13-remittance-flows-recover-pre-crisis-levels http://hdl.handle.net/10986/10889

id	okr-10986-10889
recordtype	oai_dc
spelling	okr-10986-108892021-04-23T14:02:52Z Outlook for Remittance Flows 2011-13 : Remittance Flows Recover to pre-Crisis Levels Mohapatra, Sanket Ratha, Dilip Silwal, Ani ACCOUNTING ACROSS BORDERS ADVANCED ECONOMIES ANNUAL GROWTH BACKED BONDS BALANCE OF PAYMENTS BALANCE OF PAYMENTS STATISTICS BOND BONDS CENSUSES CENTRAL BANK CENTRAL BANKS CHECKS CITIZENSHIP COMMODITY COMMODITY PRICES COMPENSATION OF EMPLOYEES COMPLICATIONS CURRENCY APPRECIATION CURRENCY VALUE CURRENT POPULATION DATA ON REMITTANCES DEBT MANAGEMENT DEVELOPING COUNTRIES DEVELOPMENT GOALS DIASPORA DISSEMINATION DOLLAR EXCHANGE RATES DOMESTIC INFLATION EARTHQUAKE EMPLOYMENT OPPORTUNITIES EQUITY FLOWS EXCHANGE OF INFORMATION EXCHANGE RATE EXCHANGE RATES EXPENDITURE EXTERNAL FINANCING FINANCIAL CRISIS FOREIGN DIRECT INVESTMENT FOREIGN STUDENTS GLOBAL ECONOMY GROWTH OF REMITTANCES GROWTH RATE GROWTH RATES HIGH INFLATION HIGH-INCOME COUNTRIES HIGH-INCOME COUNTRY ILLEGAL MIGRANTS IMMIGRANT IMMIGRANTS IMMIGRATION IMMIGRATION POLICIES IMMIGRATION POLICY INCOME INFLATION INFORMATION TECHNOLOGY INNOVATIVE FINANCING INTEREST RATE INTERNATIONAL COMMUNITY INTERNATIONAL ORGANIZATION FOR MIGRATION INTERNATIONAL STUDENTS INVENTORY INVESTMENT BANKING ISSUANCE LABOR MARKET LABOR MARKETS LABOR SHORTAGES LEGAL FRAMEWORK LIQUIDITY LIQUIDITY CRISIS LOCAL CURRENCY LOW-INCOME COUNTRIES MATURITIES MIGRANT MIGRANT FLOWS MIGRANT LABOR MIGRANT TRANSFERS MIGRANT WORKERS MIGRANTS MIGRATION MINIMUM SALARY NATIVE WORKERS NUMBER OF WORKERS OIL PRICE OIL PRICES OIL REVENUES OIL-EXPORTING COUNTRIES OUTPUT PACE OF DECLINE POLITICAL RISK POPULATION DIVISION PORTFOLIO POVERTY REDUCTION PRESS RELEASE PRIVATE DEBT PUBLIC-PRIVATE PARTNERSHIPS PURCHASING POWER RATE OF INFLATION RATES OF INFLATION RECIPIENT COUNTRIES RECIPIENTS OF REMITTANCES REMITTANCE REMITTANCE DATA REMITTANCE FLOWS REMITTANCE INFLOWS REMITTANCE SENDING REMITTANCES REMITTANCES FLOWS REPATRIATION RESPECT RETURN RETURNEES RISK MANAGEMENT SAVINGS SECURITIES SKILLED MIGRANTS SKILLED MIGRATION SKILLED WORKERS SLOWDOWN SOVEREIGN RATING STOCKS SUBCOMMITTEE ON IMMIGRATION TECHNICAL ASSISTANCE TRANSPORTATION UNCERTAINTY UNEMPLOYMENT UNEMPLOYMENT RATES VALUE OF REMITTANCES VOLUME OF REMITTANCES WORLD DEVELOPMENT INDICATORS Officially recorded remittance flows to developing countries recovered quickly to $325 billion in 2010 after the global financial crisis. But they have not kept pace with rising prices in recipient countries. Remittance flows are expected to grow at lower but more sustainable rates of 7-8 percent annually during 2011-13 to reach $404 billion by 2013. Remittance flows to Latin America are growing again in 2011 because of the stabilization of the U.S. economy. Remittance flows from Russia and the Gulf Cooperation Council (GCC) countries to Asia have been strong due to high oil prices. However, weak job markets in Western Europe are creating pressures to reduce migration. The crisis in the Middle East and North Africa has brought a great deal of uncertainty for migration and remittance flows. These political crises and the recent global financial crisis have highlighted, once again, the need for high-frequency data on migration and remittances. 2012-08-13T13:26:59Z 2012-08-13T13:26:59Z 2011-05 http://documents.worldbank.org/curated/en/2011/05/14721360/outlook-remittance-flows-2011-13-remittance-flows-recover-pre-crisis-levels http://hdl.handle.net/10986/10889 English Migration and Development Brief; No. 16 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research :: Brief Publications & Research
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English
topic	ACCOUNTING ACROSS BORDERS ADVANCED ECONOMIES ANNUAL GROWTH BACKED BONDS BALANCE OF PAYMENTS BALANCE OF PAYMENTS STATISTICS BOND BONDS CENSUSES CENTRAL BANK CENTRAL BANKS CHECKS CITIZENSHIP COMMODITY COMMODITY PRICES COMPENSATION OF EMPLOYEES COMPLICATIONS CURRENCY APPRECIATION CURRENCY VALUE CURRENT POPULATION DATA ON REMITTANCES DEBT MANAGEMENT DEVELOPING COUNTRIES DEVELOPMENT GOALS DIASPORA DISSEMINATION DOLLAR EXCHANGE RATES DOMESTIC INFLATION EARTHQUAKE EMPLOYMENT OPPORTUNITIES EQUITY FLOWS EXCHANGE OF INFORMATION EXCHANGE RATE EXCHANGE RATES EXPENDITURE EXTERNAL FINANCING FINANCIAL CRISIS FOREIGN DIRECT INVESTMENT FOREIGN STUDENTS GLOBAL ECONOMY GROWTH OF REMITTANCES GROWTH RATE GROWTH RATES HIGH INFLATION HIGH-INCOME COUNTRIES HIGH-INCOME COUNTRY ILLEGAL MIGRANTS IMMIGRANT IMMIGRANTS IMMIGRATION IMMIGRATION POLICIES IMMIGRATION POLICY INCOME INFLATION INFORMATION TECHNOLOGY INNOVATIVE FINANCING INTEREST RATE INTERNATIONAL COMMUNITY INTERNATIONAL ORGANIZATION FOR MIGRATION INTERNATIONAL STUDENTS INVENTORY INVESTMENT BANKING ISSUANCE LABOR MARKET LABOR MARKETS LABOR SHORTAGES LEGAL FRAMEWORK LIQUIDITY LIQUIDITY CRISIS LOCAL CURRENCY LOW-INCOME COUNTRIES MATURITIES MIGRANT MIGRANT FLOWS MIGRANT LABOR MIGRANT TRANSFERS MIGRANT WORKERS MIGRANTS MIGRATION MINIMUM SALARY NATIVE WORKERS NUMBER OF WORKERS OIL PRICE OIL PRICES OIL REVENUES OIL-EXPORTING COUNTRIES OUTPUT PACE OF DECLINE POLITICAL RISK POPULATION DIVISION PORTFOLIO POVERTY REDUCTION PRESS RELEASE PRIVATE DEBT PUBLIC-PRIVATE PARTNERSHIPS PURCHASING POWER RATE OF INFLATION RATES OF INFLATION RECIPIENT COUNTRIES RECIPIENTS OF REMITTANCES REMITTANCE REMITTANCE DATA REMITTANCE FLOWS REMITTANCE INFLOWS REMITTANCE SENDING REMITTANCES REMITTANCES FLOWS REPATRIATION RESPECT RETURN RETURNEES RISK MANAGEMENT SAVINGS SECURITIES SKILLED MIGRANTS SKILLED MIGRATION SKILLED WORKERS SLOWDOWN SOVEREIGN RATING STOCKS SUBCOMMITTEE ON IMMIGRATION TECHNICAL ASSISTANCE TRANSPORTATION UNCERTAINTY UNEMPLOYMENT UNEMPLOYMENT RATES VALUE OF REMITTANCES VOLUME OF REMITTANCES WORLD DEVELOPMENT INDICATORS
spellingShingle	ACCOUNTING ACROSS BORDERS ADVANCED ECONOMIES ANNUAL GROWTH BACKED BONDS BALANCE OF PAYMENTS BALANCE OF PAYMENTS STATISTICS BOND BONDS CENSUSES CENTRAL BANK CENTRAL BANKS CHECKS CITIZENSHIP COMMODITY COMMODITY PRICES COMPENSATION OF EMPLOYEES COMPLICATIONS CURRENCY APPRECIATION CURRENCY VALUE CURRENT POPULATION DATA ON REMITTANCES DEBT MANAGEMENT DEVELOPING COUNTRIES DEVELOPMENT GOALS DIASPORA DISSEMINATION DOLLAR EXCHANGE RATES DOMESTIC INFLATION EARTHQUAKE EMPLOYMENT OPPORTUNITIES EQUITY FLOWS EXCHANGE OF INFORMATION EXCHANGE RATE EXCHANGE RATES EXPENDITURE EXTERNAL FINANCING FINANCIAL CRISIS FOREIGN DIRECT INVESTMENT FOREIGN STUDENTS GLOBAL ECONOMY GROWTH OF REMITTANCES GROWTH RATE GROWTH RATES HIGH INFLATION HIGH-INCOME COUNTRIES HIGH-INCOME COUNTRY ILLEGAL MIGRANTS IMMIGRANT IMMIGRANTS IMMIGRATION IMMIGRATION POLICIES IMMIGRATION POLICY INCOME INFLATION INFORMATION TECHNOLOGY INNOVATIVE FINANCING INTEREST RATE INTERNATIONAL COMMUNITY INTERNATIONAL ORGANIZATION FOR MIGRATION INTERNATIONAL STUDENTS INVENTORY INVESTMENT BANKING ISSUANCE LABOR MARKET LABOR MARKETS LABOR SHORTAGES LEGAL FRAMEWORK LIQUIDITY LIQUIDITY CRISIS LOCAL CURRENCY LOW-INCOME COUNTRIES MATURITIES MIGRANT MIGRANT FLOWS MIGRANT LABOR MIGRANT TRANSFERS MIGRANT WORKERS MIGRANTS MIGRATION MINIMUM SALARY NATIVE WORKERS NUMBER OF WORKERS OIL PRICE OIL PRICES OIL REVENUES OIL-EXPORTING COUNTRIES OUTPUT PACE OF DECLINE POLITICAL RISK POPULATION DIVISION PORTFOLIO POVERTY REDUCTION PRESS RELEASE PRIVATE DEBT PUBLIC-PRIVATE PARTNERSHIPS PURCHASING POWER RATE OF INFLATION RATES OF INFLATION RECIPIENT COUNTRIES RECIPIENTS OF REMITTANCES REMITTANCE REMITTANCE DATA REMITTANCE FLOWS REMITTANCE INFLOWS REMITTANCE SENDING REMITTANCES REMITTANCES FLOWS REPATRIATION RESPECT RETURN RETURNEES RISK MANAGEMENT SAVINGS SECURITIES SKILLED MIGRANTS SKILLED MIGRATION SKILLED WORKERS SLOWDOWN SOVEREIGN RATING STOCKS SUBCOMMITTEE ON IMMIGRATION TECHNICAL ASSISTANCE TRANSPORTATION UNCERTAINTY UNEMPLOYMENT UNEMPLOYMENT RATES VALUE OF REMITTANCES VOLUME OF REMITTANCES WORLD DEVELOPMENT INDICATORS Mohapatra, Sanket Ratha, Dilip Silwal, Ani Outlook for Remittance Flows 2011-13 : Remittance Flows Recover to pre-Crisis Levels
relation	Migration and Development Brief; No. 16
description	Officially recorded remittance flows to developing countries recovered quickly to $325 billion in 2010 after the global financial crisis. But they have not kept pace with rising prices in recipient countries. Remittance flows are expected to grow at lower but more sustainable rates of 7-8 percent annually during 2011-13 to reach $404 billion by 2013. Remittance flows to Latin America are growing again in 2011 because of the stabilization of the U.S. economy. Remittance flows from Russia and the Gulf Cooperation Council (GCC) countries to Asia have been strong due to high oil prices. However, weak job markets in Western Europe are creating pressures to reduce migration. The crisis in the Middle East and North Africa has brought a great deal of uncertainty for migration and remittance flows. These political crises and the recent global financial crisis have highlighted, once again, the need for high-frequency data on migration and remittances.
format	Publications & Research :: Brief
author	Mohapatra, Sanket Ratha, Dilip Silwal, Ani
author_facet	Mohapatra, Sanket Ratha, Dilip Silwal, Ani
author_sort	Mohapatra, Sanket
title	Outlook for Remittance Flows 2011-13 : Remittance Flows Recover to pre-Crisis Levels
title_short	Outlook for Remittance Flows 2011-13 : Remittance Flows Recover to pre-Crisis Levels
title_full	Outlook for Remittance Flows 2011-13 : Remittance Flows Recover to pre-Crisis Levels
title_fullStr	Outlook for Remittance Flows 2011-13 : Remittance Flows Recover to pre-Crisis Levels
title_full_unstemmed	Outlook for Remittance Flows 2011-13 : Remittance Flows Recover to pre-Crisis Levels
title_sort	outlook for remittance flows 2011-13 : remittance flows recover to pre-crisis levels
publisher	World Bank, Washington, DC
publishDate	2012
url	http://documents.worldbank.org/curated/en/2011/05/14721360/outlook-remittance-flows-2011-13-remittance-flows-recover-pre-crisis-levels http://hdl.handle.net/10986/10889
_version_	1764414750484070400

Outlook for Remittance Flows 2011-13 : Remittance Flows Recover to pre-Crisis Levels

Similar Items