A World Bank report released on July 30 finds that poverty in Pakistan fell by an impressive 17.3 percentage points between 2001 and 2008 (from 34.5 percent in 2001-02 to 17.2 percent in 2007-08…

Sanket Mohapatra |

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 |

Excerpt from the budget speech (July 13, 2009, para 139) by the Nepal finance minister for the new fiscal year beginning this month: "An arrangement has been made to issue "…

Dilip Ratha |