Document Type
Hungry Cities Research Briefs
Publication Date
10-2024
Abstract
In the last three decades, evidence in the Global South has indicated that remittances are essential for economies and the welfare or livelihoods of migrant-sending households (Ratha, 2013; Smith & Floro, 2021; Yoshino et al., 2018). The latest World Bank remittances report indicates that formal remittance transfers to low-and middle-income countries (LMICs) reached billion USD656 billion in 2023 (Ratha et al., 2024). International migrants transfer remittances for various economic, social, and cultural reasons including shielding against economic shocks, covering expenses for food, education, healthcare, and shelter, maintaining social ties, supporting cultural activities, and fostering entrepreneurship and investments. In Africa, remittances play a crucial role in poverty alleviation, providing resources during economic shocks, income for entrepreneurship, and access to basic needs such as food, healthcare, education, and shelter (Ajefu & Ogebe, 2021; Aregbeshola, 2022; Sithole et al., 2022; Tevera & Chikanda, 2009).
Recommended Citation
Sithole, Sean T.; Tevera, Daniel; and Dinbabo, Mulugeta F., "No. 08: Uncovering International Migration and Remittance Patterns in Southern Africa During COVID-19: Compelling Evidence from Cape Town, South Africa" (2024). Hungry Cities Partnership. 116.
https://scholars.wlu.ca/hcp/116
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