What are remittances? Understanding Remittances Basics

In this video I explain the basics around remittances including what remittances are, the growth of monetary remittances over time and some key characteristics.

References used in this video:
Levitt,P. (1998) "Social remittances: Migration driven local-level forms of cultural diffusion" International Migration Review 4, pp. 926–48.
Graphic source: World Bank (2018)
World Bank (2019) migration and development brief 31
UN News (2019) https://news.un.org/en/story/2019/06/1040581

Видео What are remittances? Understanding Remittances Basics канала Melissa Siegel