Social Finance Working Paper #21: Migrant worker remittances, micro-finance and the informal economy

Abstract

Reviews data on unrecorded remittance flows, identifies the determinants of remittance flows and analyses their uses. Explores policy measures to attract remittances and to influence their domestic uses, highlighting the role of microfinance in linking unrecorded remittances to development. Focuses on the Asia-Pacific region, Sudan and Egypt.