Insights › International Migration - Migration and Development
For developing countries, migration can be a blessing and a curse: a blessing for providing remittances and overseas contacts and experience; a curse for taking away the brightest and the best. The policy challenge is to minimise the costs and maximise the benefits for developing and developed countries.
Chapter 6 looks at how migration helps shape the economic and social direction of some of the world’s poorer countries. The economic benefits of moving to another country can be substantial in terms of raising the incomes of migrants. But it can also have a powerful impact – both positive and negative – on the communities they leave behind, especially in the developing world.The brain drain
Did You Know?
Measured as a percentage of its GDP, Tajikistan was the biggest remittance-receiving country in the world in 2006. Remittances accounted for 36% of Tajikistan’s GDP – equivalent, in effect, to more than a third of the country’s total economic activity...
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