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The importance of remittances

How important are remittances from migrant workers for the economies of low-income countries? And how does international legislation to prevent illicit financial flows affect the ability to send such remittances?

Anders Olofsgård - Deputy Director at the Stockholm Institute of Transition Economics - discussed in the latest episode of Sveriges Radio P1-Morgon the importance of remittances to many low income countries, and how legislation to prevent money laundering and terror financing has had unintentional negative consequences on the ability and cost of sending such remittances.

Listen to the rest of the interview here. (NB. In Swedish!)

About Anders Olofsgård

Anders Olofsgård is currently deputy director at the Stockholm Institute of Transition Economics, and associate professor at the Stockholm School of Economics. Before that he was...

Profile picture of Anders Olofsgård

Anders Olofsgård is currently deputy director at the Stockholm Institute of Transition Economics, and associate professor at the Stockholm School of Economics. Before that he was associate professor at the Edmund A. Walsh School of Foreign Service, Georgetown University. He earned his Ph. D. in economics from the Institute for International Economic Studies, at Stockholm University, in 2001. Anders’ primary research areas are political economy, development and applied microeconomics, and he has published widely in both economics and political science journals. Anders has also been a visiting scholar at the research department of the IMF, and done work for among others the World Bank, USAID and the Swedish Parliament.

More info about Anders Olofsgård and his research projects here.

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