Mobility and Human Development
Hein de Haas, Francisco Rodríguez
Over the past decade, the potential of migration to promote development in origin countries of migrants has gained increasing interest among policy‐makers, development agencies and international organizations. This growing interest has particularly been boosted by the realization of the magnitude of remittances and their relevance to economic development. Recent data show that the magnitude of registered remittances outstrips some other sources of potential development finances such as official development assistance and foreign capital market flows (Ratha, 2003). This has coincided with a massive increase in interest among researchers from various disciplines in the impact of international migration on development in sending and receiving countries.