Diaspora bonds coming to Kenya, and maybe Ghana
Economist Dilip Ratha discusses diaspora bonds in today's talk.
Continue readingAt over US$400 billion per year, and growing, remittances -- money sent home by migrants -- are three times bigger than the total of international aid budgets, and represent some of the largest financial inflows to poor countries. Economist Dilip Ratha was the first to point out the global and national significance of remittances and their social and economic impact.
He is the manager of the Migration and Remittances team at the World Bank and the head of the Global knowledge partnership on migration and development (KNOMAD). He also co-coordinates the G8/G20 Global Remittances Working Group, and is involved in a number of other organizations focusing on remittances. Besides migration, he has done pioneering work on innovative financing including diaspora bonds and South-South foreign direct investment.
“No one has done more than Dilip Ratha to make migration and its potential rewards a top-of-the-agenda concern in the world’s development ministries.” — The New York Times
Economist Dilip Ratha discusses diaspora bonds in today's talk.
Continue readingToday was the first day of TEDGlobal 2014. If you weren’t able to clear your schedule to watch TED Live today and experience the magic in real-time, we’re here to help. Here are some highlights from the day: What maps can tell you about hip-hop fans At TED University, a session of talks by conference attendees, Dave Troy […]
Continue readingSession 3 of TEDGlobal 2014 took a look at things thatmove across borders, from identity to violence, from money to music. Below, a recap of these moving talks. Filmmaker José Padilha, director of Elite Squad and the remake of RoboCop, talks about a new project about Friendship Bridge, which connects Brazil, Paraguay and Argentina. A hotspot for violence, this slim arch […]
Continue reading