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International Transactions in Remittances: Guide for Compilers and Users

October 2009

The IMF's Statistics Department, together with a group of experienced compilers referred to as the “Luxembourg Group”, has prepared International Transactions in Remittances: Guide for Compilers and Users (RCG). The link to the text of the RCG is presented below.

View full text PDF (1,003 kb PDF file)

Contents

Foreword
 
Acknowledgements
 
List of Abbreviations
 
1. Background and Purpose of the International Transactions in Remittances: Guide for Compilers and Users (pdf file)
A. Background
B. Purpose of the RCG
C. Organization of the RCG
D. Terminology Used in the RCG
 
2. Understanding Remittances: Demography, Transaction Channels, and Regulatory Aspects (pdf file)
A. Demographic Perspective of Remittances
B. Inventory of Transaction Channels and Institutional Environment
C. Legal and Regulatory Issues
 
3. Concepts and Components (pdf file)
A. Underlying Concepts
B. Standard Components
C. Supplementary Items
D. Related Concepts
 
4. Data Sources and Estimation Methods (pdf file)
A. International Transactions Reporting Systems
B. Direct Reporting by Money Transfer Operators
C. Surveys of Households
D. Indirect Data Sources
E. Summary Table
 
5. Compilation and Data Processing Issues (pdf file)
A. General Compilation Issues
B. Using Data from Diverse Sources
C. A Comprehensive Approach to Improving Remittance Data
D. Database Management and Computing Requirements
   
6. Dissemination Issues (pdf file)
A. General Dissemination Issues
B. Standard and Supplementary Components
C. Bilateral Data
D. Disseminating to Special User Groups
E. Data and Metadata from Experimental Compilation
 
Appendix 1. Glossary of Terms (pdf file)
 
Appendix 2. Data Quality Assessment Framework: Generic Framework (pdf file)
 
Bibliography (pdf file)
 
Index (pdf file)
 
For questions relating to remittances, please contact the IMF at stabpm6@imf.org.