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Saturday, December 19, 2009

Impact of the global recession on international labor migration and remittances

Implications for poverty reduction and development in Nepal, Philippines, Tajikistan, and Uzbekistan

Summary

The German Federal Ministry for Economic Cooperation and Development has commissioned a series of country studies to assess the impact of the global financial and economic crisis on external migration, return migration, remittances, and the consequent effects on poverty and development. Migration is usually seen as a livelihood strategy by migrants and their families; and remittances provide important resources to finance everyday life. The first four country studies represent broad regional variety and were carried out in March 2009 (Mali, Nepal, Philippines, and Uzbekistan); studies on Albania, Armenia, and Tajikistan are currently being drafted. Read more...

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