Migration, though it has been with us for millennia, has only recently emerged as a way to reduce poverty in developing countries. The recent report by the Global Commission on International Migration urged that the role of migrants in economic growth and development be "recognised and ÂÂreinforced".
The World Bank's 2006 Global Economic Prospects report, to be launched today, looks at how to enhance the poverty-reducing impact of remittances and migration. It follows another recently-published Bank research study, based on household surveys, that shows that remittances - which totalled $232bn (£133.6bn, €198.4bn) worldwide in 2005, of which $167bn went to developing countries - do reduce poverty.
