Leveraging migration for Africa : remittances, skills, and investments

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Title:

Author:

Ratha, Dilip.

ISBN:

9780821382578

9780821387184

Publication Information:

Washington, DC : World Bank, c2011.

Physical Description:

xix, 212 p. : col. ill. ; 26 cm.

Contents:

Migration patterns and policies in Africa. Migration from and within Africa -- Immigration to Africa -- Understanding cross-country migration patterns -- Socioeconomic characteristics of migrants from Africa -- Managing migration. Migrant remittances. Recent remittance trends and the impact of the global financial crisis -- Implications of remittances at the macroeconomic level -- Development impact of remittances at the microeconomic level -- Remittance markets in Africa -- Toward less costly and more transparent remittances : policy changes. Migration of the highly skilled. Benefits and patterns of high-skilled migration -- Earnings of tertiary-educated migrants in destination labor markets -- Policy options. Harnessing the resources of the diaspora. Locating the African diaspora -- Benefiting from diasporas -- An emerging policy agenda to maximize the benefits of diasporas -- Dealing with diaspora communities abroad.

Subject Term:

Emigrant remittances -- Africa.

African diaspora -- Economic aspects.

Investments, Foreign -- Africa.

Economic development -- Africa.

Geographic Term:

Africa -- Emigration and immigration -- Economic aspects.

Added Author:

Ratha, Dilip.

Copies:

Available:*

Library	Material Type	Item Barcode	Shelf Number	Copy	Status
Searching... 1:IIEMSA	1:GEN-BOOK	33168025551785	338.96 L659 2011	1	Searching... Unknown

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Summary

A joint effort led by the African Development Bank and the World Bank, 'Leveraging Migration for Africa' is the first comprehensive publication on harnessing migration, remittances, and other diaspora resources for the development of Africa. It comes at a time when countries in Africa and elsewhere are grappling with difficult choices on how to manage migration.Policy makers can help leverage the contributions of migrants to the development of Africa, reduceremittance costs, improve the efficiency of remittance markets in both origin and destination countries, and address the needs of the origin countries without restricting the emigration of high-skilled professionals. Innovative financing mechanisms such as issuance of diaspora bonds and securitization of future remittance flows can help finance big-ticket projects, such as railways, roads, power plants, and institutions of higher learning that will, step by step, help to transform Africa. This volume contributes to a greater understanding of migration and its potential role in Africa's development.