Migrant workers sent $6.77 billion home to Bangladesh in July-December, down 8.41% from the same time a year ago. For the first time in recent memory, Bangladesh has experienced a decline in…

Zahid Hussain |

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 |

The very name “brain drain” suggests that high-skilled migration can be nothing but bad for developing countries. Indeed, the prospect of a harmful effect of brain drain is often one of the first…

David McKenzie |

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 |