UN member states are holding consultations as part of the development of a Global Compact for Safe, Orderly and Regular Migration.
Eduardo Munoz/Reuters
In a changing and unsettled world, migration can be a greater-than-ever contributor to development for communities of origin, destination areas, and for the migrants themselves.
No need for a bank: Just a smartphone and a blockchain.
Houman Haddad/UN World Food Program
With fewer options available to send much-needed money to their family overseas, migrant communities fear severe consequences.
Remittance recipients whose priority is the socioeconomic improvements of their lives were found to be less engaged with democratic processes.
Reuters/Mohamed Nureldin Abdallah
Remittances may hinder the development of democracy in sub-Saharan Africa. A lot depends on whether recipients value rights and freedom much more than improving their standard of living.
The old-fashioned way to send money home.
Shutterstock
The World Bank recently forecast that remittances to developing countries will total more than US$450 billion this year, a bit bigger than Venezuela’s economy and more than double a decade a go. Given…
