Thanks to 74 percent of Swiss voters and to all of the 26 cantons who voted against the referendum to introduce strict immigration quotas, I am now relieved.  If the referendum on November 30 by…

Hanspeter Wyss |

As I mentioned in my previous blog, a renewed focus on Anti Money Laundering and Combatting the Financing of Terrorism (AML-CFT) regulations in Australia, the UK, and in the USA are impacting…

Sonia Plaza |

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 |

Remittances have been the main source of foreign exchange supporting Somalia during the conflict for the last twenty years. A recent IMF fact-finding mission to Somalia found that about $2 billion…

Sonia Plaza |

While we know a lot about the impact of remittances on growth, investment, poverty, inequality, health, and education, the potential effects of international remittances on the domestic financial…

Maria Soledad Martinez Peria |

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 |

Migration is a strategy followed by women when they face poverty or when they widowed or divorced. In India, women mainly migrate because they get married. In other countries women migrate to get…

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 |

The United States has recently signed separate Memorandums of Understanding (MoUs) with El Salvador and Honduras to assist them in securitizing their future remittance receipts to raise financing…

Sanket Mohapatra |