Informal Remittance Systems in Africa, Caribbean and Pacific (ACP) countries

A report written by Frank Pieke, Nicholas Van Hear and Anna Lindley

Commissioned by: Department of International Development (DFID) UK, European Community’s Poverty Reduction Effectiveness Programme (EC-PREP), Deloitte & Touche

Country reports written by: Rémy Bazenguissa-Ganga (University of Lille), Robert Norton (Macquarie University), Adam Higazi (University of Oxford), Barbara Jettinger (University of Oxford), Anna Lindley (University of Oxford), Stephanie Riak Akuei (University College London) and Mies van Niekerk (University of Amsterdam)

Summary:

It has become a commonplace observation that remittances – financial transfers by migrants to their country of origin – between the developed and the developing world are larger than aid transfers. It is also often noted that the sums remitted through formal channels represent only a fraction of total remittances: a large though unknown amount of funds finds its way to families in migrants’ areas of origin through informal channels. This study offers a synthesis of what is known about informal remittances to African, Caribbean and Pacific countries, and their influence on development in those countries.

Click here to download the synthesis report (.pdf)

To download each country report (.pdf) click on the name of the country:

Surinam, Sudan, Somalia, Senegal, Ghana, Fiji, Congos

 

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