Migrants have received heightened international recognition from the development community in recent times. New World … Bank estimates on the volume of remittances show that documented remittance flows continue to increase at a rapid rate … financial flows to developing countries after Foreign Direct Investment (FDI), and indeed in many countries exceed FDI flows. …

development assistance from overseas. This notwithstanding, migrants’ remittances imperatively remain a better source of finance … from the widely known sources like foreign portfolio investment (FPI), foreign direct investment (FDI) and official … motivation for this study to assess how migrant remittances can directly and/or indirectly influence industrialization using a …