Understanding remittances in Understanding Society: quantifying ties overseas and ties to Britain
AuthorsOmar Khan and Alita Nandi
Sending money overseas is seen as a key feature of immigrant behaviour. Globally, the World Bank has estimated $440 billion were remitted in 2010, compared to $132bn in 2000 and $69bn in 1990. Results from Understanding Society allow us to appreciate in greater detail how and why people in the UK remit money overseas. In summarising and analysing these findings, we also discuss their relevance to policy related to migration, integration, international development and financial inclusion.