The World Bank's Policy Research Report series brings to a broad audience the results of World Bank research on development policy. The reports are designed to contribute to the debate on appropriate public policies for developing economies.
The search for better employment opportunities and wages is the key mechanism by which the majority of the world’s population, especially the poor, can hope to improve their lives. Migration is therefore an essential path toward worldwide poverty eradication and economic growth. This Policy Research Report examines the determinants and labor market impacts of global migration patterns, and considers the impact on destination and source countries, as well as the migrants themselves.
This report argues that CCTs have been an effective way to redistribute income to the poor, while recognizing that even the best-designed and best-managed program cannot fulfill all of the needs of a comprehensive social protection system.
This report noted that globalization has helped reduce poverty in a large number of developing countries but it must be harnessed better to help the world’s poorest, most marginalized countries improve the lives of their citizens.
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