Greater development in low-income countries leads to growing markets for trade and investment for developed economies, and creates reduced pressure for migration as living and working conditions improve in sending countries. As of 2011, countries in South Asia, South-East Asia and the Pacific receive almost half the estimated remittances in the world (ADB, 2012a). In 2012, the countries of East Asia, South Asia and the Pacific received a record $219 billion in remittances in 2012 (World Bank, 2012b).