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A joint effort led by the African Development Bank and the World Bank, 'Leveraging Migration for Africa' is the first comprehensive publication on harnessing migration, remittances, and other diaspora resources for the development of Africa. It comes at a time when countries in Africa and elsewhere are grappling with difficult choices on how to manage migration.Policy makers can help leverage the contributions of migrants to the development of Africa, reduceremittance costs, improve the efficiency of remittance markets in both origin and destination countries, and address the needs of the orig

Africa --Emigration and immigration --Economic aspects. --- African diaspora --Economic aspects. --- Economic development --Africa. --- Emigrant remittances --Africa. --- Investments, Foreign --Africa. --- Emigrant remittances --- African diaspora --- Investments, Foreign --- Economic development --- Finance --- Business & Economics --- International Finance --- Economic aspects --- Economic aspects. --- Africa --- Emigration and immigration --- Development, Economic --- Economic growth --- Growth, Economic --- Black diaspora --- Diaspora, African --- Immigrant remittances --- Remittances, Emigrant --- Economic policy --- Economics --- Statics and dynamics (Social sciences) --- Development economics --- Resource curse --- Human geography --- Africans --- Foreign exchange --- Migrations --- Eastern Hemisphere --- Transatlantic slave trade

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The diaspora of developing countries can be a potent force for development, through remittances, but more importantly, through promotion of trade, investment, knowledge and technology transfers. The book aims to consolidate research and evidence on these issues with a view to formulating policies in both sending and receiving countries.

Africa -- Emigration and immigration -- Economic aspects. --- Africans -- Foreign countries -- Economic aspects. --- Economic development -- Finance -- Africa. --- Emigrant remittances -- Africa. --- Entrepreneurship -- Africa. --- Migration for Development in Africa (Program) African diaspora -- Economic aspects. --- African diaspora --- Africans --- Economic development --- Emigrant remittances --- Entrepreneurship --- History & Archaeology --- Regions & Countries - Africa --- Economic aspects --- Foreign countries --- Finance --- Economic aspects. --- Migration for Development in Africa (Program) --- Africa --- Emigration and immigration --- Entrepreneur --- Intrapreneur --- Immigrant remittances --- Remittances, Emigrant --- Development, Economic --- Economic growth --- Growth, Economic --- Black diaspora --- Diaspora, African --- International Organization for Migration. --- MIDA --- Capitalism --- Business incubators --- Foreign exchange --- Economic policy --- Economics --- Statics and dynamics (Social sciences) --- Development economics --- Resource curse --- Ethnology --- Human geography --- Migrations --- Eastern Hemisphere --- Transatlantic slave trade

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Remittances sent by African migrants have become an important source of external finance for countries in the Sub-Saharan African region. In many African countries, these flows are larger than foreign direct investment and portfolio debt and equity flows. In some cases, they are similar in size to official aid from multilateral and bilateral donors. Remittance markets in Africa, however, remain less developed than other regions. The share of informal or unrecorded remittances is among the highest for Sub-Saharan African countries. Remittance costs tend to be significantly higher in Africa both

Sociology of minorities --- International finance --- Sub-Saharan Africa --- Africa, Sub-Saharan --Economic conditions. --- Africa, Sub-Saharan --Emigration and immigration --Economic aspects. --- Africans --Economic aspects --Europe, Western. --- Economic development --Finance --Africa, Sub-Saharan. --- Emigrant remittances --Africa, Sub-Saharan. --- Financial services industry --Africa, Sub-Saharan. --- Immigrants --Economic aspects --Europe, Western. --- Emigrant remittances --- Economic development --- Financial services industry --- Africans --- Immigrants --- Finance --- Business & Economics --- International Finance --- Economic History --- Economic aspects --- Africa, Sub-Saharan --- Emigration and immigration --- Economic aspects. --- Economic conditions. --- Emigrants --- Foreign-born population --- Foreign population --- Foreigners --- Migrants --- Services, Financial --- Development, Economic --- Economic growth --- Growth, Economic --- Immigrant remittances --- Remittances, Emigrant --- Africa, Black --- Africa, Subsaharan --- Africa, Tropical --- Africa South of the Sahara --- Black Africa --- Sub-Sahara Africa --- Subsahara Africa --- Subsaharan Africa --- Tropical Africa --- Persons --- Aliens --- Ethnology --- Service industries --- Economic policy --- Economics --- Statics and dynamics (Social sciences) --- Development economics --- Resource curse --- Foreign exchange