Category: World Bank

Removing bottlenecks to flow of remittances should be a top priority during COVID-19: Policy Brief

Removing bottlenecks to flow of remittances should be a top priority during COVID-19: Policy Brief

Summary With close to $500 billion of remittances flowing around the world, the phenomenon of remittances as a force for community development and individual empowerment cannot be ignored. Remittances impact the lives of almost a billion people, worldwide. While the flow of money during the best of times is constrained by various policy initiatives and …

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Coronavirus: How can we keep remittances flowing?

Coronavirus: How can we keep remittances flowing?

The World Bank is projecting the largest decline in remittances in history, due to COVID-19. On April 23, 2020, The World Bank hosted a webinar with Dr. Dilip Ratha, Chief Economist Remittances unit at the bank on how we could keep remittances flowing. Here is an abridged version of the webinar. Q: Can you give …

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Development: For whom and why?

Development: For whom and why?

Over the last two weeks, I have had a few interesting discussions on ‘development,’ both in the context of local community development and international development. One can see conflation of security discourses, humanitarian and related concerns in each of these debates.  The dominant narrative about ‘development,’ in the context of Asia and Africa seems to …

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