The Inter-American Development Bank has just published an interesting report on remittances. This report presents fieldwork research and results of a nationwide survey of Latin American and Caribbean migrants on how the economic crisis is affecting their economic situation and their ability to send remittances.
The study shows that difficulties are mounting for migrants who send [...]
By Laura Chappell and Alex Glennie
21 July 2009 (IPPR) -It is becoming increasingly clear that migration can have important impacts upon development. As a result, policymakers are searching for ways to increase migration’s developmental benefits, and decrease its costs. But what are the levers for doing so?
Some of the earliest efforts to maximise the development [...]
By Ataur Rahman
August 18, 2009 (The Seoul Times)
Dhaka,Bangladesh Jul 29, 2009 - Creating migration opportunities for the very poor could accelerate the pace of poverty reduction, says the World Bank (WB).”Migration involves high costs but also has high annual returns in terms of remittances accounting 1.5 to 2.5 times of the GDP,” said WB senior [...]
Aug 17th 2009, (Economist.com)
Remittances held up well in 2008, but this year will be much worse
LAST year was a terrible one for private financial flows to the poor and emerging economies. They collapsed from $1.16 trillion in 2007 to $707 billion as panicky rich-world investors deserted emerging- and developing-country equity and debt markets last year [...]
United Nations, Bali - Migrants are left out of current stimulus packages and HIV/AIDS programmes are under threat, warns a UN paper released today at the 9th International Congress on AIDS in Asia and Pacific (ICAAP). The adverse impact of the financial crisis on health and migration is likely to expand, just as it did [...]