The traditional route of industrialization for developing countries may no longer be available for the Middle East and North Africa (MENA) region. This should not be a source of regret, as the…

Ferid Belhaj, Rabah Arezki |

The side event on diaspora bonds organized during the annual meetings of the World Bank and the IMF attracted significant interest. Senior officials in the Bank considered forming a task force to…

Dilip Ratha |

We invite you to use open and free access to data collected through the Migration and Remittances Household Surveys conducted for the Africa Migration Project. Please access the household data…

Sonia Plaza |

Kenya’s Central Bank Governor Njuguna Ndung’u recently urged the country’s mobile money transfer (MMT) operators to reduce their transaction fees. According to the Governor, “There is no way one…

Sanket Mohapatra |

   Photo © WorldBank/Flicker An Economist article discusses how a “private-private-NGO” partnership between Safaricom (the parent company of Kenya’s mobile money transfer service M-Pesa), an…

Sanket Mohapatra |

Latin America and Caribbean: Remittances to Mexico declined 35.8% y-o-y in October. Year-to-date decline is 16.5%. Remittances to Colombia declined 19.5% y-o-y in October. Year-to-date decline is…

Ani Silwal |

Santa Catalina Arch, Antigua, Guatemala. Photo © Sanket Mohapatra/World Bank I recently made a presentation on the impact of the financial crisis and our outlook for remittances in 2009-10 at a…

Sanket Mohapatra |