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.
While Ethiopians have long followed seasonal migration patterns within the Horn of Africa, it was only after the political upheavals of the 1970s that they began to settle in the West, as MPI's Aaron Matteo Terrazas reports.
Mexico has often been cited as a successful example of the positive relationship between migration and development. But Raúl Delgado-Wise and Luis Eduardo Guarnizo show why Mexico's model is unsustainable.
A number of governments and institutions are determined to ride international migration toward a future of greater prosperity. MPI's Kathleen Newland outlines what they all should know about the pluses and minuses of the most basic issues that frame the debate on migration and development: remittances and the brain drain.