02215cas a2200301 a 4500 AALejournalIMF022354 230101c9999 xx r poo 0 0eng d 5.00 USD 9781513592954 1018-5941 BD-DhAAL BD-DhAAL da Silva Filho, Tito Nicias Teixeira. No Easy Solution : A Smorgasbord of Factors Drive Remittance Costs / Tito Nicias Teixeira da Silva Filho. Washington, D.C. : International Monetary Fund, 2021. 1 online resource (62 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students There has been a global push to decrease the cost of remittances since at least 2009, which has culminated with its inclusion in the Sustainable Development Goals in 2015. Despite this effort and the emergence of new business models, remittance costs have been decreasing very slowly, disproving predictions that sharp declines would be just around the corner. In addition, remitting to poorer countries remains very expensive. Oddly, this situation has not been able to elicit academic interest on the drivers of remittance costs. This paper delved deeply into the remittances ecosystem and found a very complex, heterogenous and unequal environment, one in which costs are driven by a myriad of factors and where there are no easy and quick solutions available, which explains the disappointing outcome so far. Nonetheless, it also shows that while policymakers have limited room to act they still have a very important role to play. Mode of access: Internet Demographic Economics imf Globalization imf International Migration imf Pension Funds imf Remittances imf IMF Working Papers; Working Paper ; No. 2021/199 Full text available on IMF http://elibrary.imf.org/view/journals/001/2021/199/001.2021.issue-199-en.xml IMF e-Library