In countries affected by fragility, conflict, and violence, the private sector plays a critical role in providing jobs and income. Inclusive and sustainable economic growth can also help heal…

Martin Spicer, Franck Bousquet |

Children from Gwoza, an area within Borno State, North East, Nigeria. Photo by: Nabil Shaiban/World Bank Her tears remain vivid in my mind. She was one of so many young Nigerian kids that we met…

Nabil Ali Shaiban |

"The average length of time that refugees spend in camps is 17 years." This cruel statistic has been quoted many times, influencing our perception of refugee crises as never-ending…

Xavier Devictor, Quy-Toan Do |

IDPs in North-East Nigeria. Photo by Immanuel Afolabi,  The Center on Conflict and Development at Texas A&M University Oumar (not his real name) lives with his parents and six younger siblings…

Rachid Benmessaoud |

Also available in: Français | العربية | 中文 | Español ​In 1964, I came to the United States from South Korea, then an extremely poor developing country that most experts, including those at the…

Jim Yong Kim |

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 |

The Financial Times on August 28th carried Nigeria’s request for proposal for potential financial advisers for a $100 million diaspora bond. To my knowledge, after Israel, this is the first…

Dilip Ratha |

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 |

Recent attention has shifted from analyzing the impact of skilled migration on sending country labor markets to a broader agenda that also considers the channels by which diasporas promotes trade…

Sonia Plaza |