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April 2018

Record high remittances to low- and middle-income countries in 2017

Dilip Ratha's picture
The World Bank’s latest Migration and Development Brief shows that officially recorded remittances to developing countries touched a new record—$466 billion in 2017, up 8.5 percent over 2016. The countries that saw the highest inflow in remittances were India with $69 billion, followed by China ($64 billion), the Philippines ($33 billion), Mexico ($31 billion), Nigeria ($22 billion), and Egypt ($20 billion).

Global Compact on Migration

Mahmoud Mohieldin's picture
The Global Compact on Migration (GCM) – a global agreement being negotiated by over 200 countries –can promote safe, orderly and regular migration, but first it will need to address a number of challenges to non-migrants. These include maintaining national identity in the face of large immigration flows, perceived (and actual) job competition impacting native workers in host countries, and the difficulties faced by family members of migrants who are left behind in the country of origin.