Where remittances are often sent in response to family and community needs, diaspora bonds are a direct investment in the economy at the national level. Even though they are being explored for the first time by African governments, the idea of issuing diaspora bonds is not new.

Remittance flows are sometimes the most important source of income that families in developing countries can rely on. Unless the transfer costs can be reduced, their impact on reducing poverty will not reach its full potential.

Each year, inhabitants of the least-developed Asian countries pursue the economic benefits of overseas employment despite the high social cost at home and possibility of injury at the hands of employers abroad.

The Russians and Japanese, as well as Europeans, are not having enough children to replace themselves. Only by lowering the barriers to citizenship can shrinking countries revive their economies

WASHINGTON -- The slumping global economy is slowing the amount of money that migrant workers send home to their families in Latin America and the Car...

Developing countries may face a financing gap of $270bn to $700bn this year as trade income dwindles and rich nations vie for capital to deal with a g...

MEXICO CITY — The money sent home by Mexican migrants fell in 2008 for the first time on record, Mexico's central bank said Tuesday _ part of a ...

TOSH-TEPPA, Tajikistan -- In poverty-stricken Tajikistan, the global financial crisis is measured in bags of flour. At least that is how Bibisoro ...