Definition: Workers's remittances

Category: Balance of payments

Workers’ remittances covers goods and financial instruments transferred by migrants living and working in new economies to residents of economies in which the migrant formerly resided http://ec.europa.eu/eurostat/ramon/statmanuals/files/REM_FLOWS_EN_2007.pdf
Source:
Eurostat, "Remittance flows to and from the EU", Methodologies and working papers, 2007 edition, Office for Official Publications of the European Communities, Luxembourg, 2007
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