The Growing Opportunities in Money TransferReport Details:Published:August 2012No. of Pages: 91Price: Single User License – US$3800•The report provides market analysis, information and insights on the growing opportunities in money transfer, including:•The global remittance industry and flows in developing countries•Global trends and challenges in international migration•Strategies for greater remittance growth•Remittances in developing countries•The recent impact and economic implications of remittancesExecutive summaryDespite a series of economic adversities and financial instabilities in recent years, the remittanceindustry has remained resilient in many economies, most strikingly so in developing countries.Furthermore, the continuing progression of global migration trends means that this market is likelyto remain strong for the foreseeable future, as a growing number of migrants use remittances tosend money home to relatives. Despite positive projections, some financial institutions andeconomic experts predict a more pessimistic picture for the future of remittances, raising concernsfor the negative effects of diaspora and remittances to the economy and population in general. Forexample, issues such as the international deployment bans, political uprisings and crises,exchange rate appreciation and depreciation, high remitting costs, strict regulations andtransaction policies continue to hinder the smooth rise of remittances in many countries,particularly in developing nations.Scope•This report will provide you with:•A comprehensive analysis on recent trends, challenges, and practices in remittances•Evaluates the demand, impact and potential trends of remittances worldwide•Provides historic and forecast data on world wide remittances flow•In depth analysis on flow of remittances at the regional level•Exhaustive summary on the global migration trends and growth and development of diaspora communitiesKey highlights
•The growth rate of remittances was higher in 2011 than in 2010 for all regions, except the Middle East and North Africa where flows were disrupted by the Arab Spring.•The momentum of female migration in Europe has been slowing since 2000 and showed a decline from 52.9% in 2000 to 52.2% in 2010.•Remittance is the second largest external financing source in many developing countries.Reasons to buy•Harness untapped opportunities in the remittances market•Understand the need to lower transaction costs for remittance transactions•Capture a broader base of remittance customers•Predict the future growth of the remittances channelGet your copy of this report @http://www.reportsnreports.com/reports/189862-the-growing-opportunities-in-money-transfer.htmlMajor points covered in Table of Contents of this report includeTable Of ContentsExecutive SummaryTable of ContentsList of Tables1 Remittances Today and Tomorrow: An Overview of Present and Future Trends,Challenges and Practices in Remittance Flows2 Remittance Today: Recent Trends, Challenges and Practices in Remittances3 Migration Trends4 Remittances in developing countries5 The Recent Impact and Economic Implications of Remittances6 Players and strategies in migration and remittances7 Revolutionising Remittance Transactions8 The Future of Remittances9 Moving Forward: Recommendations for Steady Growth in RemittancesList Of Tables
Table 1.1: Outlook for Worldwide Remittance Flows, 2012-2014, (US$ billion)Table 2.1: Tabular presentation of remittances conceptsTable 2.2 Migrant remittance inflows are better monitored than outflowsTable 2.3 Central Banks are starting to record transfers through new remittance technologies andchannelsTable 2.4 Officially-recorded remittances worldwide from 1995-2011Table 2.5 Officially-recorded remittances in East Asia and Pacific (1995-2011)Table 2.6 Officially-recorded remittances in Europe and Central Asia (1995-2011)Table 2.7 Officially-recorded remittances in Latin America and the Caribbean (1995-2011)Table 2.8 Officially-recorded remittances in Middle East and North Africa (1995-2011)Table 2.9 Officially-recorded remittances in South Asia (1995-2011)Table 2.10 Officially-recorded remittances in Sub-Saharan Africa (1995-2011)Table 5.1 Top 10 countries according to their migrant population in 2010Table 5.2 Emigrant Population Growth in 2010Table 5.3: Percentage of low, middle, and highly-skilled immigrants in the United StatesTable 5.4 Leading non-traditional destinations for U.S. students studying abroad for 2009-2010Table 6.1 Remittance sending countries to the Philippines in 2010Table 6.2 MENA countries and their remittance inflow growth rates in 2010 (by percentage)Table 8.1 Immigration laws enacted from various statesTable 8.2 Average costs in sending US$200 in remittancesTable 8.3 Average costs in sending US$500 in remittancesTable 10.1 Resource Flows to Developing Countries (US$ billions)Table 10.2 Customer satisfaction in the money sending method usedList Of FiguresFigure 2.1 The top-cited method for estimating remittance transfers through informal channelsFigure 2.2 Remittances and other resource flows to developing countries, 1990-2014Figure 2.3 Top 10 recipients of migrant remittances as a % of GDP, 2010Figure 2.4 Top 10 remittance corridors as a % of recipients GDP, 2010Figure 2.5 Remittances as a % of GDP, 2010Figure 2.6 Top 10 recipients of migrant remittances (US$ billion, 2011e)Figure 2.7 Top remittance-sending countries 2009 (US$ billions)Figure 2.8 Remittance flows to developing regions 2009-2013 (US$ Billions)Figure 2.9 Total amount of remittances received in 2011 by country in US$ MillionsFigure 2.10 Remittances to Latin America and the Caribbean (2005-2011) in US$ billionsFigure 2.11 Trends in remittances to Latin America and the Caribbean (2006-2011) Millions ofU.S. DollarsFigure 2.12 Remittances to Latin America and the Caribbean (2007-2011) Y-o-Y GrowthFigure 5.1 International migration corridors, (In million, 2010)Figure 5.2 Origin of international students in the USFigure 6.1 Comparison of remittance inflow received by the Philippines from 2005 -2011
Figure 6.2 Annual remittances in US$ million (2005 -2011)Figure 6.3 Monthly remittances in US$ million (2008-2012)Figure 8.1 Remittance prices worldwide of remittance sending countries (Q1 2012)Figure 8.2 Remittance costs - trends by region (2008 - Q1 2012)Figure 8.3 Remittances as % of GDP and remittance costs in receiving countries in the East Asiaand Pacific RegionFigure 8.4 Remittances as % of GDP and remittance costs in receiving countries in EasternEurope and Central AsiaFigure 8.5 Remittances as % of GDP and remittance costs in receiving countries in Latin Americaand the Caribbean RegionFigure 8.6 Remittances as % of GDP and remittance costs in receiving countries in the MiddleEast and North AfricaFigure 8.7 Remittances as % of GDP and remittance costs in receiving countries in the South AsiaRegionFigure 8.8 Remittances as % of GDP and remittance costs in receiving countries in Sub-SaharanAfricaFigure 9.1 M-PESAs growth in revenuesContact: firstname.lastname@example.org for more information.