Commentary on session III: U.S.-Mexico remittances: recent trends and measurement issues

Summary and discussion of the three papers in this session: "Leveraging remittances for development" by Dilip Ratha; "Remittances and their microeconomic impacts: evidence from Latin America" by Catalina Amuedo-Dorantes; and "The relationship between international migration, trade, and development: some paradoxes and findings" by J. Edward Taylor. ; The rest of this commentary explores recent trends in U.S.?Mexico remittances, explaining how they are measured and comparing them with forecasts of remittances based on an econometric model and with trends in other developing countries.