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Thematic Area: Migration & Development

One of four Global Remittances Working Group Thematic Areas, MIGRATION & DEVELOPMENT, activities include:

  • Analysis of remittance behavior by migrants' legal status, skill level, gender, and duration of stay;
  • Effect of remittances on: poverty and inequality, health, education, labor market participation;
  • Remittances and business formation;
  • Dutch disease effects of remittances;
  • Remittances in fragile and conflict countries;
  • Remittances as insurance against economic shocks & effect of remittances on country creditworthiness;
  • Securitization of future remittances and diaspora bonds, and collective remittances for community development;
  • Policy coherence (taxation, exclusivity contracts, migration, trade and investment agreements, financial literacy programs)

Thematic Area Coordinator
  • Mr. Dilip Ratha, Lead Economist, Development Economics Prospects Group, World Bank
Thematic Area Resources

Migration and Remittance Trends 2009: A Better-Than-Expected Outcome So Far, But Significant Risks Ahead (PDF). Dilip Ratha, Sanket Mohapatra, and Ani Silwal, World Bank. November 2009.


Mobilizing Migrant Resources for Development Financing: Diaspora Bonds and Securitization of Future Remittance Flows (PDF)
Developing countries facing a decline in private capital flows (by 50 percent or more in 2009 according to some estimates) are looking towards their emigrants as a source of (hard currency) external finance during difficult times. Innovative financing options that leverage on the resources of their relatively richer emigrants, such as diaspora bonds and the securitization of future remittance flows, are now being considered seriously by several developing countries, especially those that are at risk of being shut out of international credit markets. Ethiopia and Sri Lanka have recently issued financing instruments aimed at their diaspora, while countries such as Brazil and Peru are returning to the future-flow securitization market.
Dilip Ratha and Sanket Mohapatra, World Bank

»Remittances and Natural Disasters: Ex-post Response and Contribution to Ex-ante Preparedness (PDF)
Sanket Mohapatra, George Joseph, Dilip Ratha, The World Bank, Sustainable Development Network Vice Presidency, Global Facility for Disaster Reduction and Recovery Unit & Development Prospects Group Migration and Remittances Team. June 2009.
Thematic Area Participants

Last updated: 2009-11-06

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