Understanding remittances in Understanding Society: quantifying ties overseas and ties to Britain

Publication type

Book Chapter

Authors

Omar Khan and Alita Nandi

Publication date

Abstract


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.

Subjects

Migration, Ethnic Groups and Finance

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