Wednesday, May 7, 2014
International migration has profound consequences for development, and a growing body of evidence demonstrates the actual and potential benefits of migration for both countries of origin and destination. Remittances from migrants affect the living standards of huge numbers of people and contribute to the financial stability of developing countries. Migrants also "send back" new technology, skills, and connections to their countries of origin. Yet the solid evidence base that demonstrates these linkages remains largely untapped and undervalued by policymakers.
In How Migration Can Advance Development Goals, Migration Policy Institute President and Convener of the Transatlantic Council Demetrios G. Papademetriou and Director of MPI’s Migrants, Migration, and Development Program Kathleen Newland distill the Transatlantic Council on Migration’s reflections on the migration and development nexus. Their Council statement focuses on pragmatic ways to advance international cooperation by identifying important points of consensus. Promising areas of collaboration include reducing the costs of migration, maximizing the benefits of remittances, and devising qualification recognition and skills-training systems that enable immigrants to contribute more fully to the communities in which they settle.
This Council statement provides a framework for the upcoming May 14-16, 2014 Global Forum on Migration and Development (GFMD) meeting. For seven years, these multilateral meetings have been crucial in helping create the preconditions for progress on migration and development issues by building trust, creating coalitions, and identifying specific courses of action around which consensus is possible.