Remittances
Recent Activity
Recent Activity
The recent special session of the United Nations (UN) General Assembly, labeled the High-Level Dialogue on International Migration and Development (HLD), was the UN's second-ever discussion devoted solely to international migration. This article examines the implications and outcomes of the HLD, identifies some of the issues that garnered widespread support, and assesses whether the international community is inching toward greater multilateral engagement on migration.
Diasporas can play an important role in the economic development of their countries of origin or ancestry. Beyond their well-known role as senders of remittances, diasporas also can promote trade and foreign direct investment, create businesses, spur entrepreneurship, and transfer new knowledge and skills. Policymakers increasingly recognize that an engaged diaspora can be an asset — or even a counterweight to the emigration of skilled and talented migrants.