Migration, Diasporas and the Sustainable Development Goals in Least Developed Countries

Keith Nurse

CDP Background Papers from United Nations, Department of Economics and Social Affairs

Abstract: Migration and the growth of global diasporas are key contemporary trends which impact on the pledge to "leave no one behind" in the 2030 Agenda. The developmental potential of migration is captured in four Goals and five Targets in the Sustainable Development Goals (SDGs). The paper offers critical perspectives on the SDGs targets with a discussion on the economic challenges as well as the opportuni- ties for trade and entrepreneurship. The focus is particularly on remittances (including South-South remittances) and other financial investments such as diaspora savings and bonds. The second area of analysis is financial innovation through the growth of money transfer organizations in LDCs (i.e. Haiti, Tonga and Bangladesh) and the rise of mobile money. The paper also discusses the impact of these trends on financial inclusion and the banking of unbanked populations, and concludes with key recom- mendations and insights.

Keywords: International migration; diasporas; international public policy; economic globalization; remittances; trade and entrepreneurship; 2030 agenda; SDGs; LDCs (search for similar items in EconPapers)
JEL-codes: F22 F24 F5 F6 (search for similar items in EconPapers)
Date: 2018-11
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Persistent link: https://EconPapers.repec.org/RePEc:une:cpaper:048

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