Book DC-EN-1 [*] DEEEP-BOOK-2014-247

Migrant Remittances. An Overview of Global and Swedish Flows; 2009/5

M. Engdahl

The Nordic Africa Institute (Nordiska Afrikainstitutet)
ISBN: 978-91-7106-651-0

Abstract: Migrant remittances – money and gifts sent to relatives back home – have attracted increasing international attention. The flow of remittances has become a major source of revenue for developing countries, exceeding the volume of aid. Three recent studies at Uppsala University bring this issue to light in the context of Sweden’s Policy for Global Development. Very little has so far been known about the flow of remittances from Sweden; official data indicate an amount exceeding 4 billion kronor in 2006. The real flows are most likely higher; Swedish and international studies estimate that real remittances are 30-50 per cent above the officially recorded amounts. Statistics Sweden (SCB) is recommended to enhance its records of remittances in terms of desirable scope and reliability, for instance regarding specification of the amounts remitted to different countries. Remittance flows from Sweden are linked to the remitters’ incomes and, hence, vary with the business cycle. Experience suggests that the ongoing world economic crisis will have a negative impact on remittance flows also from Sweden. It is suggested that enhanced knowledge in Sweden about available remittance services and their costs and measures to promote a better functioning remittance market could increase the net value of these money.

Keyword(s): Developing Countries ; Development Policy ; Flow Of Remittences ; Flows Of Global Remittances ; Foreign Aid ; Migrant Remittences ; Migrant Workers ; Migrants ; Migration ; ODA ; Official Development Assistance ; Pgd ; Policy Of Global Development ; Remittences ; Sweden ; Sweden

The record appears in these collections:
Books, Guides & Methodologies > Books
Development and Global Justice

[*] This refers to the hardcopy version which you can find in the CONCORD library. You are invited to our office to browse our resources.

 Record created 2014-11-19, last modified 2014-11-19

External link:
Download fulltext
Full report
Rate this document:

Rate this document:
(Not yet reviewed)