This book provides a multidisciplinary analysis of the links between migration and remittances. The role of remittances in influencing migration decision is explored in relation to economic development, education, the labour market, and social factors. The impact of remittances on migration is examined from a global perspective, with a focus on both specific countries and larger regions, such as the European Union and the former Soviet states. The challenges in managing migration flows are also discussed, alongside the impact of COVID-19 on migration, and policy suggestions are made for the efficient management of labour migration.This book aims to offer a comparative analysis of the impact of remittances resulting from labour migration and foreign direct investment on the economic growth. It will be relevant to researchers and policymakers interested in labour and migration economics.