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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: the hidden engine of globalisation
With 270m migrants around the world, the money they send home now exceeds foreign direct investment
Video: Hong Kong's remittance market set for mobile transformation
Workers spend $25m a year sending money home
Ukraine’s workers abroad fuel property boom back home
European labour shortages lure young people in search of higher wages
Mountain to climb for Nepal as migrants return
Remittances are vital for Himalayan nation’s economy but local industry has lagged behind
Expatriate workers’ remittances targeted as source of finance
Migrants’ money channelled into diaspora bonds and infrastructure investment
Overseas earnings trigger Trump tussle with Central America
White House threatens to use remittances from US as leverage in migration dispute
Workers abroad offer lifeline for Zimbabwe’s economy
Remittances of cash, food and goods comprise nearly 10 per cent of GDP