Remittances

Remittances

Migrant remittances are one of the largest international financial flows to developing countries, exceeding $400 billion in 2012--three times the amount of total foreign aid flows to developing countries that year. Our research on remittances focuses on ways to increase the financial benefits of these flows to the individuals sending and receiving money. Evaluations in this area have explored topics such as increasing savings among remittance receivers and reducing transaction fees for senders.