To fully leverage the potential of both financial flows – remittances and investment – it is important to have greater understanding of the implications of each, as well as their differences, similarities and complementarities. While both financial flows come from the same origin – migrants and the wider diasporas – they are different in scope and modalities. Fostering them both requires dedicated policies, initiatives and interventions from governments and public agencies in countries of both origin and residence, supported by evidence and analysis.
Through this joint webinar, IFAD and the European Commission’s Joint Research Centre shed light on these two modalities of migrants’ financial contribution to their countries of origin and their complementarities, to offer cues on how they can be supported and leveraged, and to identify potential strategies in alignment with development challenges.
Watch the session recording here
Read the concept note here
