Tag: remittances

Do remittances reduce poverty?

Vishwesh Sundar has recently graduated with an Advanced Master’s degree in International Relations and Diplomacy from Leiden University, The Hague. He was also a research assistant at the Leiden University Institute for Area Studies where he assisted with a project on South-to-West Asia migration governance. We live in a globalised world, and my family is […]

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Is the African Diaspora the Continent’s “Secret Weapon”?

Diasporas are often treated as foreigners in their adopted homes and as traitors in their place of birth, despite often hidden cultural and economic contributions. In this post, first published on the LSE’s Africa Centre blog, Behailu Shiferaw Mihirete writes about the potential hidden within the African diaspora across the globe.  Behailu is a is […]

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What difference do remittances and migration make back home?

Reading the Economist cover to cover is an illicit pleasure – it may be irritatingly smug and right wing, especially on anything about economic policy, but its coverage on international issues consistently goes way beyond standard news outlets. This week’s edition had everything from the changing face of Indian marriage to the spread of pedestrian […]

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Migrant remittances are even more amazing that we thought

At least in economic terms, migration appears to be some kind of developmental wonder-drug. Remittances from migrants to developing countries are now running at some three times the volume of aid, and barely faltered during the 2008-9 financial crisis (see graph). The World Bank’s latest Global Economic Prospects report looks at the impact of migrant […]

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$2 leaving developing countries for every $1 going in – big new report on the state of global financial flows

A very useful new report from Eurodad, published today, provides ‘the most comprehensive review of the quantity of different financing sources available to developing countries, and how they have changed over the past decade.’ This in the run up to the big UN summit on financing for development (FfD) in Addis Ababa in July 2015. […]

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Why are Africans getting ripped off on remittances?

Whatever your views of migration, a consensus ought to be possible on one thing: if migrants do send money home, as much as possible of the hard-earned dollars that they send should actually get there, to be spent on putting feeding the kids, putting them through school or even having a bit of fun (that’s […]

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Migration and Development: Who Bears the Burden of Proof? Justin Sandefur replies to Paul Collier

Justin Sandefur responds to yesterday’s post by Paul Collier on the impact of migration on developing countries, and you get to vote The global diaspora of educated Africans, Asians, and Latin Americans living in the developed world stand accused of undermining the development of their countries of origin. Paul Collier’s recent book, Exodus, makes the case […]

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How does emigration affect countries-of-origin? Paul Collier kicks off a debate on migration

Take a seat people, you’re in for a treat. Paul Collier kicks off an exchange with Justin Sandefur on that hottest of hot topics, migration. I’ve asked them to focus on the impact on poor countries, as most of the press debate concentrates on the impact in the North. Justin replies tomorrow and (if I […]

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My first trip to Central Asia. First impressions of Tajikistan, world’s most remittance-dependent country (and a very big flagpole)

Spent last week in Tajikistan, my first trip to the former underbelly of the Soviet Union, aka Central Asia. I was there to help our country team think through some work on improving accountability in the water sector (more interesting than it sounds – blog tomorrow). And weatherwise, looks like I got out just in […]

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Why on earth is Barclays (still) cutting the remittance lifeline to Somalia?

Oxfam’s tame ex-banker Will Martindale wonders what on earth Barclays is up to in cutting the remittance lifeline to Somalia “I can skype my mum, and see her, and watch her go hungry, fall ill. But they’re saying I can’t transfer money for food or to see a doctor. How can that be?” Istarlin lives […]

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How is the recession hitting remittances from migrant workers?

Remittances sent to developing countries in 2008 from migrant workers overseas came to a massive $305bn – two and a half times greater than the (record) volume of global aid. But how are they weathering the global crisis? I’ve just been reading the World Bank’s latest (OK, end of March – I’m playing catchup as […]

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