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How remittances reduce poverty

Remittances from migrant workers to their families back home is a leading way to reduce household poverty and boost foreign exchange earnings for developing countries.

Recommended new podcast and major report:

Migrant workers add huge value to the countries where they work-- Listen to key conclusions from a new OECD, ILO and ADBI report (featured below) that proves Asian migrant workers add economic value to their new host countries.

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  • Labor Migration in Asia: Increasing the Development Impact of Migration through Finance and Technology 

    Development, Organization for Economic Co-operation and; International Labour Organization (Asian Development Bank Institute, 2018-04-15)
    This report documents the increase in labor migration in Asia and looks a t how finance and technology can aid its positive impact on home countries. As diasporas increase, governments have reached out to citizens abroad to provide them with financial ...
  • Internal Migration and Labour Mobility in Pakistan 

    Ishfaq, Sadia; Ahmed, Vaqar; Hassan, Danish; Javed, Asif (Sustainable Development Policy Institute, 2017-06-22)
    Internal migration and labour mobility is now increasingly being studied through the lens of human security. Global estimates suggest that 740 million people around the world are internal migrants (UNOCHA 2010). Given its large number, especially within ...