The Power of Sending Money Back Home at the Inter-American Development Bank’s Conference

Sabrina Discusses the Power of Sending Money Back Home at the Inter-American Development Bank’s (Multilateral Investment Fund) Conference.

May 31, 2005. Montreal, Canada

Remittances have become a key source of capital for many developing countries; receiving US$150 billion in 2004 from their expatriates. These funds surpass the aid provided by donor nations and multilateral agencies.

The event was organized by the Washington DC-based Inter-American Development Bank’s Multilateral Investment Fund in collaboration with the Canadian Foundation for the Americas. The MIF, IDRC, and CIDA financed research for the conference.

Sabrina presented results from research she conducted of the Haitian Diaspora in Canada with her colleagues Pierre Renaud and Gaetan Tremblay. CIDA financed the original research to inform the Government of Canada’s position on the roe of the Diaspora in the reconstruction of Haiti for the 2004 Conference with Prime Ministers Paul Martin and Gérard Latortue.

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