World Bank Migration and Remittances

World Bank Migration and Remittances refer to the movement of people across countries and the money they send home. Many individuals work abroad to earn or save money, which they then send back to support their families and communities. These remittances are a vital source of income for developing countries, helping to improve living standards, fund education, and boost local economies. The World Bank studies these patterns to understand their impact on economic development and to inform policies that support migrant workers and recipients.