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Do Migrant Remittances Reinforce Development?
Posted: 2012-09-19 | Updated: 2012-09-20
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| UN Photo / A.Duclos |
This week two fellows tackled a major question in the development debate. In an article for UNU HQ Prof. Wim Naudé weighed up ‘Migration, Remittances and Resilience in Africa’, finding that the money sent home by migrants is more “stable than other financial flows, including aid”, thus providing “resilience on a continent that has been disaster- and conflict-prone”. Meanwhile Dr. Thomas Ziesemer gave a lecture on ‘Worker Remittances, Migration, Accumulation, and Growth in Poor Developing Countries’. His conclusion: remittances have a positive effect on GDP per capita, investment and literacy. See the media below. |
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