Most developed countries have foreign aid programs that aim to alleviate poverty and foster economic growth in less developed countries, but with very limited success. A large body of evidence indicates that the root of the economic development problem is cross-country differences in the...

This paper models the process of migration from a traditional to a modern sector. Migrants from the traditional sector experience a period of unemployment before finding modern sector jobs. Because of congestion in the process that matches the unemployed with jobs, an increase in the amount of...

There is now a broad consensus of economists, political scientists, sociologists and scientists in other fields on a wide range of benefits that international migration brings to global development. Main aim of the paper is to provide an analysis of economic and developmental impacts of...

This contribution investigates the opportunities of migration for developing countries. The benefits of migration for sending countries are often undervalued. But migrants may foster trade, remittances, innovations, investments back home, and even return home at some time with better human...