Despite the surge in private capital flows in the 1990s, lending by the multilateral development banks continues to be a significant source of external finance for low-income and lower-middle-income countries. And for middle-income countries, which receive the lion's share of private flows,...

A diaspora bond is a debt instrument issued by a country - or potentially, a sub-sovereign entity or a private corporation - to raise financing from its overseas diaspora. Israel and India have raised $35-40 billion using these bonds. Drawing on their experiences, this paper discusses the...

Intro -- Table of Contents -- Foreword -- Acknowledgments -- Contributors -- Remittances: An Overview -- Part I Remittance Trends and Determinants -- Chapter 1 Workers' Remittances: An Important and Stable Source of External Development Finance -- Chapter 2 Migrant Remittances in Africa: A...

Drawing on the findings from responses to a survey conducted in 2008-09 from 114 central banks worldwide (of which 33 are in Africa), Migrant Remittance Flows aims to better understand how central banks and other national institutions regulate and collect data and other information on...

This book contains statistical snapshots for 195 countries and 13 regional and income groups. The 200+ tables, each focused on one country, region, or income group, explore immigration, emigration and skilled emigration, and inward and outward remittance flows. Summary reports on the top 10...

South-South Migration and Remittances reports on preliminary results from an ongoing effort to improve data on bilateral migration stocks. It sets out some working hypotheses on the determinants and socioeconomic implications of South-South migration. Contrary to popular perception that...

This book argues that poor countries need additional, cross-border capital channeled to the private sector for employment generation, growth, and poverty reduction. For that, innovative financing mechanisms are necessary. The volume brings together various market-based innovative methods of...