E.g., 12/01/2022
E.g., 12/01/2022
Remittances

Remittances

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Remittances are among the most tangible links between migration and development. According to World Bank projections, global remittances will reach $515 billion in 2015. Developing countries receive the lion’s share of global remittances, and in 25 countries, remittances were equal to more than 10 percent of gross domestic product as of 2011. Remittances, as the research here discusses, can play an effective role in reducing poverty, and they provide a convenient angle for approaching the complex migration agenda.

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Perhaps best known for its brain drain and the related success of its diaspora, Ghana also has an important role in West African migration patterns, past and present. Micah Bump of Georgetown's Institute for the Study of International Migration takes a detailed look at a country in transition.

Jeffrey H. Cohen of Pennsylvania State University outlines the migration and remittance patterns of people from the southern Mexican state of Oaxaca.

Dean Yang of the University of Michigan explains how a change in currency values prompted families in the Philippines to invest more in education and enterprises.

Dilip Ratha of the World Bank outlines recent research findings on remittances and points out the gaps in our knowledge.

The Source presents three tables ranking countries around the world by total remittances received, by remittances per capita, and by remittances per GDP, based on the latest International Monetary Fund data.

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Recent Activity

Articles

With the goal of building and sustaining economic growth in mind, some countries have intensified their efforts to court investments from their nationals and co-ethnics abroad, recognizing that diaspora entrepreneurs are uniquely positioned to spot opportunities in their countries of origin and capitalize on them.

Articles

Diaspora entrepreneurs have several advantages over other entrepreneurs or investors because they have social, political, and economic connections in two or more countries. Kathleen Newland and Hiroyuki Tanaka discuss the conditions and commitments on the part of countries of origin that can help attract and support diaspora entrepreneurs.

Reports
October 2011

Migration and development have emerged as a pressing policy priority on the global agenda. This report identifies critical lessons from the past decade of policy experimentation and offers recommendations for migration and development policy.

Reports
June 2011

The report examines U.S. immigration and international development policies, which have unique objectives and respond to distinct political and administrative constraints, and points out that international development has never been a U.S. immigration policy objective; nonetheless, it is an unintended consequence.

Articles

Haiti and Pakistan were an unlikely pair until 2010, when horrific natural disasters made it impossible for the world to ignore their devastation.

Video
November 30, 2010
Over the past year, MPI has partnered with the U.S. Agency for International Development (USAID) and the John D. and Catherine T. MacArthur Foundation to examine how diasporas contribute to – or detract from - development efforts in their countries of origin. MPI and USAID have published an edited volume of the research. Please join us for the release of the book where speakers will discuss new thinking on the role of diaspora engagement in U.S. foreign and development policy.
Books
November, 2010

This edited volume examines the development impact of diasporas in six critical areas: entrepreneurship, capital markets, "nostalgia" trade and "heritage" tourism, philanthropy, volunteerism, and advocacy.

Reports
August 2010

A growing body of evidence suggests that diasporas play a critical role in supporting sustainable development by transferring resources, knowledge, and ideas back to their home countries, and in integrating their countries of origin into the global economy.

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