1887

A Study of Migrant-Sending Households in Serbia Receiving Remittances from Switzerland

image of A Study of Migrant-Sending Households in Serbia Receiving Remittances from Switzerland

This report specifically presents the results of IOM’s mandated work, in particular, the volume, frequency, transfer mechanisms, use, determinants, and impact of remittances on transnational Serbian households receiving support from relatives in Switzerland. This report concludes with recommendations for ways in which these remittance flows and their development impacts can be enhanced.

English

.

Introduction

In the past two decades, economic remittances have fast become a major source of income for many migrant-sending countries. At the household level, migrant remittances are making significant contributions to poverty reduction; remittances also constitute a growing source of foreign exchange, enabling countries to acquire vital imports or pay off external debts. Additionally, there is growing awareness and evidence of the potential contribution remittances can make to economic development in migrant-sending countries at the local, regional and national levels.

English

This is a required field
Please enter a valid email address
Approval was a Success
Invalid data
An Error Occurred
Approval was partially successful, following selected items could not be processed due to error