Publication - Remittances in ACP countries

Remittances in ACP Countries: Key Challenges and Ways Forward
Informing Discussions of the ACP-EU Dialogue on Migration and Development

Year of publication: 2017
Publisher: IOM
Pages: #188 p.
Category: Books
Subject: Remittances, Migration and Development

Remittances –money migrants send home– play an important role in development as they are a steady, reliable source of investment that helps millions of individuals and households to raise living standards, improve health, education, entrepreneurship and in many instances can foster financial inclusion. This is especially true for ACP countries, which present some of the highest remittance dependency ratios in the world. Despite multiple efforts and international commitments, challenges still remain. Sending remittances has a high cost and there are many obstacles to access affordable formal remittance channels.
This book focuses on the main challenges that ACP countries faces in relation to remittances today and, provides nine possible ways forward to tackle the difficulties ACP countries face in relation to remittances.

Table of contents:
1. Introduction
2. Overview of remittances
3. Overview of current initiatives
4. Key challenges facing remittances in ACP states
5. Ways forward: Key recommendations and best practices
6. Conclusion
ANNEX 1: Country Fiches
ANNEX 2: Diaspora investment
ANNEX 3: Glossary
ANNEX 4: List of tables, figures and boxes