About: micro-finance

Mahmoud Mohieldin [World Bank Photo Collection/Flickr]
Development Policy 01-08-2014

Remittances and savings of the diaspora can finance development

There are more than 230 million international migrants worldwide - more than the population of the world’s fifth most populous country, Brazil. To help finance development, new “diaspora” financial instruments, or diaspora bonds, could be created, write Mahmoud Mohieldin and Dilip Ratha.
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