Microsoft CEO and Chairman Satya Nadella is one of the most prominent Indian Americans.
Brad Barket/Getty Images for Fast Company
Indian American donors will have an opportunity to collectively fund improvements in education, health care and gender equality in India on March 2, 2023.
It’s time to acknowledge the varied forms of co-operativism, mutual aid, self-help groups and ROSCAs that are important to the vitality of civic life.
Thousands of racialized women around the world run mutual aid co-ops to help each other and develop their communities.
Septianda Perdana/Antara Foto
Migrant workers’ families suffer from limited access to pandemic-related health care and loss of income.
A woman counts money outside a U.S. remittance collection agency in San Isidro, El Salvador.
Marvin Recinos/AFP via Getty Images
Remittances to countries like Mexico, Pakistan and Vietnam are keeping pace with 2019’s record levels or in some cases rising, despite spring forecasts of a 20% decline.
A deserted street in Cairo after coronavirus-related restrictions were tightened. Egypt has been one of the hardest hit in Africa.
Photo by Mohamed Elraai/picture alliance via Getty Images
The hard truth is that the more the isolation is contained, the greater the economic problems will be.
A woman walks past a police armed vehicle in Eastleigh - Nairobi’s “little Mogadishu”
Photo by Billy Mutai/SOPA Images/LightRocket via Getty Images
Nairobi’s refugees have few savings and depend on the day-to-day cash they generate from street vending.
Money transfer offices in Amman, Jordan reopened in late March.
The way richer nations respond to the coronavirus crash will have significant economic ramifications for countries dependent on remittances.
Westpac chief executive Brian Hartzer will step down with $2.68 million. Had he stayed on he could have received share rights worth $20 million.
Westpac’s decision to shut down its LitePay money transfer system will hurt people relying on remittances throughout the Pacific region.
Venezuela has been in economic and political crisis for years.
Reuters/Carlos Garcia Rawlins
For one, you can’t break an economy that’s already broken.
There are good reasons to be sceptical of the Facecoin project.
Costa Ricans held a march in solidarity with Nicaraguan refugees on Aug. 25, 2018. An estimated 500,000 Nicaraguans live in Costa Rica, with more arriving daily as crisis in the country deepens.
Reuters/Juan Carlos Ulate
Nicaraguan migrants send over US$1 billion home each year. This money has played a changing role in domestic politics – first boosting the Ortega regime and, now, sustaining the uprising against him.
A Turkana woman buys food from a refugee woman in Kakuma camp in north western Kenya.
Refugee Studies Centre
Refugee policy may well be a humanitarian issue. But it is also a development issue.
UN member states are holding consultations as part of the development of a Global Compact for Safe, Orderly and Regular Migration.
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
Already becoming a darling of Wall Street, blockchain technology’s biggest real benefits could come to the world’s poorest people. Here’s how.
The indefinite ruler: Tajik President Emomali Rahmon.
Tajikistan, a longstanding human rights violator, has been cracking down harshly on what’s left of its political opposition.
Limitations to the flow of money to countries like Eritrea has family members in Australia worried.
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.
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…