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Remittances are a hugely important international monetary flow. The World Bank estimates that they will grow by more than 3% in 2024 to reach $887 billion. To put things in perspective, this is more than the annual Gross Domestic Product of countries such as Switzerland, Poland, Argentina, Thailand or Egypt.
This Working Paper analyzes the changes in the definitive financing of the autonomous communities under the common system from 2002 to 2021.
