This report identifies features of remittances that make them ideal leveraging agents for poverty reduction and migration management agendas, and proposes a four-part international research and policy agenda for maximizing the development impact of international remittances.
This report captures India’s exceptional growth in reported remittances over the 15-year period between 1990 and 2005. It explores the relative importance of these remittances in India’s economy, and then identifies factors responsible for this exponential gain.
Previously confined to everyday conversations among migrants and their families, remittances are now on the minds of most governments, members of civil society, the international community, and, to some extent, the private sector. The continued deficiency in our understanding of some of the fundamental aspects of remittances is evident in current literature.
This volume finds that while emigration may be beneficial in some cases, unhindered high-skilled emigration, particularly in the case of sub-Saharan Africa, can have disastrous consequences. The author, Arno Tanner, recommends specific policies where carefully targeted development measures could be used to mitigate the negative consequences of brain drain.
This report analyzes the impact of established diaspora on the reduction of poverty in their countries of origin. It examines their contributions beyond individual remittances, in the dimensions of foreign direct investment, market development, technology transfer, philanthropy, tourism, political contributions, and the more intangible flows of knowledge, new attitudes, and cultural influence.
Although the relationship between migration and development has been widely discussed and debated for more than 30 years, a number of unanswered questions and unsettled debates remain. On April 11 and 12, 2003, the Migration Policy Institute sought to advance the dialogue. This report summarizes the key talking points of the high level meeting and offers some key summary remarks.