{"title":"Migration, Diasporas, Remittances and the Sustainable Development Goals in Least Developed Countries","authors":"K. Nurse","doi":"10.1515/jgd-2019-0006","DOIUrl":null,"url":null,"abstract":"Abstract Migration, diasporas and the growth of remittances are key contemporary development trends which impact directly the lives of one in seven persons and often some of the most vulnerable and as such are critical to achieving the Sustainable Development Goals and the 2030 Agenda of “leaving no one behind”. Migration is captured in four Goals and five Targets in the SDGs however it is argued that the developmental potential of migration for LDCs is an underexploited asset. The paper offers critical perspectives on the SDGs targets by analysing the impact of remittances (including South-South remittances) and other financial investments such as diaspora savings and bonds. The analysis then focusses on financial innovation through the growth of money transfer organizations in LDCs (i.e. Haiti, Tonga and Bangladesh) and the rise of mobile money. The impact of these trends on financial inclusion and the banking of unbanked populations is then considered. The paper concludes with some key recommendations and insights.","PeriodicalId":38929,"journal":{"name":"Journal of Globalization and Development","volume":" ","pages":""},"PeriodicalIF":0.0000,"publicationDate":"2018-12-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1515/jgd-2019-0006","citationCount":"10","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Journal of Globalization and Development","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1515/jgd-2019-0006","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q3","JCRName":"Economics, Econometrics and Finance","Score":null,"Total":0}
引用次数: 10
Abstract
Abstract Migration, diasporas and the growth of remittances are key contemporary development trends which impact directly the lives of one in seven persons and often some of the most vulnerable and as such are critical to achieving the Sustainable Development Goals and the 2030 Agenda of “leaving no one behind”. Migration is captured in four Goals and five Targets in the SDGs however it is argued that the developmental potential of migration for LDCs is an underexploited asset. The paper offers critical perspectives on the SDGs targets by analysing the impact of remittances (including South-South remittances) and other financial investments such as diaspora savings and bonds. The analysis then focusses on financial innovation through the growth of money transfer organizations in LDCs (i.e. Haiti, Tonga and Bangladesh) and the rise of mobile money. The impact of these trends on financial inclusion and the banking of unbanked populations is then considered. The paper concludes with some key recommendations and insights.
期刊介绍：
The Journal of Globalization and Development (JGD) publishes academic research and policy analysis on globalization, development, and in particular the complex interactions between them. The journal is dedicated to stimulating a creative dialogue between theoretical advances and rigorous empirical studies to push forward the frontiers of development analysis. It also seeks to combine innovative academic insights with the in-depth knowledge of practitioners to address important policy issues. JGD encourages diverse perspectives on all aspects of development and globalization, and attempts to integrate the best development research from across different fields with contributions from scholars in developing and developed countries. Topics: -Economic development- Financial investments- Development Aid- Development policies- Growth models- Sovereign debt
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