Remittances to Asia plunged during the 1997 Asian financial crisis, but the drop was temporary as the flows were increasing once again after just 1 year. The current crisis, however, is fundamentally different in that even the countries that send remittances have been adversely affected. The...

Bangladesh, India, Pakistan and Sri Lanka have all experienced a sharp increase in remittances during the past decade, and are the countries among the top 20 receivers of remittances. The report provides a strategic overview of key issues relating to the remittances industry in the South Asia...

South Asia has experienced a sharp increase in remittances since the mid-1990s. According to recent World Bank research, Bangladesh, India, Pakistan, and Sri Lanka are all among the world's top 20 receivers of remittances, with estimated receipts of US$3.2 billion, US$17.4 million,US$4.0...