Wednesday, November 16, 2005

World Bank 2006 Global Economic Prospects Report

"Migration, though it has been with us for millennia, has only recently emerged as a way to reduce poverty in developing countries. The recent report by the Global Commission on International Migration urged that the role of migrants in economic growth and development be “recognised and ­reinforced”.

The World Bank’s 2006 Global Economic Prospects report, to be launched today, looks at how to enhance the poverty-reducing impact of remittances and migration. It follows another recently-published Bank research study, based on household surveys, that shows that remittances – which totalled $232bn (£133.6bn, €198.4bn) worldwide in 2005, of which $167bn went to developing countries – do reduce poverty."

World Bank Chief Economist and Senior Vice President for Development Economics François Bourguignon "Migration can enrich all sides if interests are shared" Financial Times, November 15, 2005.


Kyiv Mohyla Academy, Kyiv, Ukraine, the oldest university in Eastern Europe.

"Established in the 17th century by the Metropolitan Petro Mohyla, the Kyiv-Mohyla Academy became a widely respected educational institution and a centre for the development of Ukraine's first national political, cultural, and government elite. The Academy was closed in 1817 by the Russian tsarist government. In 1992, after a 175-year hiatus, the Kyiv-Mohyla Academy was reinstated as a secular teaching institution, becoming a symbol of the rebirth of independent Ukraine. The Academy was granted the status of "National University" in 1994. The Academy has become a centre for the promotion of democratic values in Ukraine, and its students are actively involved in the political life of the country. The Kyiv-Mohyla Academy is a bilingual institution: courses are taught in Ukrainian and English."

Photo and Academy text credit:


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