Discussion Paper

Global Remittances Cycle


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.

https://doi.org/10.17016/2380-7172.3715

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Bibliographic Information

Provider: Board of Governors of the Federal Reserve System (U.S.)

Part of Series: FEDS Notes

Publication Date: 2025-02-27

Number: 2025-02-27