Thinking global, living local: Voices in a globalized world

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  • The New Development Mantra

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    Remittances have emerged as an important source of external development finance for developing countries in recent years. This paper examines the causes and implications of remittance flows. It suggests a role for an international organization to intermediate these flows to lower transaction costs and increase transparency, which would both enhance […]

  • South-South Migration and Remittances

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    By a rough estimate, in 2005, two of every five migrants in the world — some 78 million out of 191 million migrants — were residing in a developing country. Most of these migrants are likely to have come from other developing countries. However, the extent of migration between developing […]