Global Remittances Cycle

Oscar Monterroso and Diego Vilán
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Diego Vilán: https://www.federalreserve.gov/econres/diego-vilan.htm
Authors registered in the RePEc Author Service: Diego Vilán

No 2025-02-27, FEDS Notes from Board of Governors of the Federal Reserve System (U.S.)

Abstract: Workers' remittances, the earnings sent home by migrant workers abroad, play a crucial role in supporting the economies of developing countries. Remittances enable lower-income households in developing nations to secure access to essential needs such as food, housing, education and healthcare services.

Date: 2025-02-27
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Persistent link: https://EconPapers.repec.org/RePEc:fip:fedgfn:2025-02-27

DOI: 10.17016/2380-7172.3715

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