Cash Trails

Remittances have overtaken foreign direct investment as the largest flow of capital into emerging economies. The FT examines how the money migrants send home connects disparate countries in unexpected ways.

Remittances are vital for Himalayan nation’s economy but local industry has lagged behind

Migrants’ money channelled into diaspora bonds and infrastructure investment

White House threatens to use remittances from US as leverage in migration dispute

Remittances of cash, food and goods comprise nearly 10 per cent of GDP