ABSTRACT

The fastest way to eliminate poverty and share prosperity is to allow the poor to migrate to a richer destination. Emigrants help their countries of origin by sending remittances, stimulating Foreign Direct Investment (FDI), improving access to foreign capital markets, providing grants for development, establishing contacts to promote trade and investment, and transferring technology and know-how through, for example, professional associations, temporary assignments of skilled expatriates in origin countries, and the return of emigrants with enhanced skills.