Migration and Remittances, April 2017 : Recent Developments and Outlook

This Migration and Development Brief provides an update on worldwide remittance flows and the global migration crisis. It focuses on two Sustainable Development Goal (SDG) indicators: reducing remittance costs, and reducing recruitment costs for lo...

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Bibliographic Details
Main Author: World Bank Group
Format: Brief
Language:English
Published: World Bank, Washington, DC 2018
Subjects:
Online Access:http://documents.worldbank.org/curated/en/753091534421290610/Global-compact-on-migration
http://hdl.handle.net/10986/30278
Description
Summary:This Migration and Development Brief provides an update on worldwide remittance flows and the global migration crisis. It focuses on two Sustainable Development Goal (SDG) indicators: reducing remittance costs, and reducing recruitment costs for low-skilled migrants. In September 2016, the United Nations General Assembly Summit on “Large Movements of Refugees and Migrants” committed to develop two global compacts: a Global Compact on Refugees, and a Global Compact for Safe, Orderly, and Regular Migration. Negotiations on both compacts are expected to continue through 2017, with final adoption expected at a United Nations international conference in 2018. The Brief reports on progress in the preparation of the global compacts, with an expanded discussion of the Global Compact on Migration.