By this time next year, LIRNEasia will have much to say on this subject.
Western Union Empire Moves Migrant Cash Home – New York Times
With five times as many locations worldwide as McDonald’s, Starbucks, Burger King and Wal-Mart combined, Western Union is the lone behemoth among hundreds of money transfer companies. Little noticed by the public and seldom studied by scholars, these businesses form the infrastructure of global migration, a force remaking economics, politics and cultures across the world.
Last year migrants from poor countries sent home $300 billion, nearly three times the world’s foreign aid budgets combined.
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2 Comments
Donald Gaminitillake
Interesting from telegrames to money trasfers
In srilanka Ceylinco group promoted this product with lots of ad on TV “Uncle Johnson” sending the money to buy a wedding ring!!!!
Today Ceylinco is out of this western union but Peoples Bank has taken agency!!! Also I have seen NDB and Aitkenspence has joined.
Donald
Jimmy T
One would expect remittances to remain relatively stable because the money isn’t usually used for investments, but I guess unemployment is going to hurt just about everyone! Here is an interesting article on why remittances might fall in the next couple of years: https://www.mindreign.com/en/mindshare/Global-Economics/Remittances/sl35291137bp484cpp10pn1.html
Pioneering Big Data for Public Good: LIRNEasia featured in Oxford University Press Book
The ‘Human Development and the Data Revolution’ report, edited by Mark Graham, Sanna Ojanperä, and Eduardo López and published by Oxford University Press features LIRNEasia as a significant case study, detailing our establishment, research, challenges, and lessons learned in leveraging big data for public good in the Global South. Through the Chapter 7 “Leveraging Big Data for Public Purposes in the Global South: LIRNEasiaʼs Experiences”, the report highlights how LIRNEasia has pioneered the use of big data across the Asia-Pacific, offering valuable real-world experiences and a critical Global South perspective on data-driven development.
Key takeaways for Sri Lanka’s digital transformation: LIRNEasia CEO Helani Galpaya’s interview with The Morning
By Nethmi Rajawasam In a recent interview with The Morning newspaper, LIRNEasia CEO Helani Galpaya discussed Sri Lanka’s progress in building digital public infrastructure, offering insights into innovative solutions and policy recommendations for enhancing government digital systems. Read the full interview to explore how Sri Lanka can leverage new approaches to achieve its digital ambitions.
LIRNEasia is hiring: Senior Researcher
LIRNEasia is looking for a talented individual to join the team as a Senior Researcher to drive impactful research. The full job description is available below.
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