How monies sent home by foreign workers impact the economies of developing countries will be the focus of an upcoming lecture by Dilip Ratha, senior economist at the World Bank. "Migration, Remittances, and Development: Policy Options, which will be held at 7 p.m. Monday, Sep. 29, in Foster Auditorium, 101 Pattee Library.
Ratha, a migration scholar, is widely credited with drawing attention to the significance of migration remittances and their impact on developing countries, and revealing the importance of south-south capital flows. His research focus is on financing development in poor countries, leveraging remittances and developing innovative financial mechanisms for development. Ratha's publications include the recent "Migration and Remittances Factbook 2008" (2008), "South-South Migration and Remittances" (2007) and "Remittances: Development Impact and Future Prospects" (2005).
The event is co-sponsored by the Department of Labor Studies and Employment Relations, the Asian Studies Program and the Social Sciences Library at Penn State. For information, contact Suresh Canagarajah at asc16@psu.edu or (814) 865-6227.