A newborn baby receives its first shower with cold bottled water, outside the tent where it was delivered, in the make-shift tent city of Idomeni, Greece. At the same time, two patients diagnosed…

Georgia-Christina Kosmidou |

Last week the New York Times featured an editorial suggesting that the World Bank should become a remittance center. Remittances are the "largest and arguably most effective antipoverty…

Dilip Ratha |

Photo: istockphoto.com Right after the holiday season Greece announced their controversial plan to build a 12 km long wall to stop the flood of illegal immigrants to the EU. The wall will cover…

Elina Scheja |

On September 16 Greece announced that it plans to issue a diaspora bond. In the past the governments of India and Israel have raised over $35 billion dollars, often in times of liquidity crisis.…

Dilip Ratha |

I was in Dubai two weeks ago to attend a meeting of the World Economic Forum. Our hosts, the Government of Dubai, told us that Dubai had turned the corner – hotel occupancy was up, airline traffic…

Dilip Ratha |