Remittances in conflict and crises : how remittances sustain livelihoods in war, crises and transitions to peace
Fagen, Patricia Weiss
This newsletter looks at aspects of how migrant workers use or send their money back to their home country. Although migrant workers, refugees and immigrants have been sending home money, goods and ideas for millennia, donors and international finance agencies did not pay very much attention to the phenomenon until about a decade ago. Interest has grown exponentially as statistics show what we now call migrant remittances to be among the most important contributing factors to national economies in several countries. By all accounts migrant remittances reduce poverty in important ways in developing countries. Countries in the conflict, war-to-peace transition and crisis categories are likely to be especially dependent on remittances. Slow recovery of livelihoods and persistent violence or repression ensure high levels of migration and the need for remittances for several years after conflict and crises have ended.
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