More than 1 million Bangladeshis live permanently outside the country and some 200,000 or more leave the country every year to work elsewhere. Most of these migrants send part of their earnings home on a regular or irregular basis. This report takes Bangladesh as a case study and looks at the importance of remittances for the economic development of the origin countries of migrant communities.

In 2011 the World Bank—with funding from the Bill and Melinda Gates Foundation—launched the Global Findex database, the world's most comprehensive data set on how adults save, borrow, make payments, and manage risk. Drawing on survey data collected in collaboration with Gallup, Inc., the Global Findex database covers more than 140 economies around the world. The initial survey round was followed by a second one in 2014 and by a third in 2017. Compiled using nationally representative surveys of more than 150,000 adults age 15 and above in over 140 economies, The Global Findex Database 2017: Measuring Financial Inclusion and the Fintech Revolution includes updated indicators on access to and use of formal and informal financial services. It has additional data on the use of financial technology (or fintech), including the use of mobile phones and the Internet to conduct financial transactions. The data reveal opportunities to expand access to financial services among people who do not have an account—the unbanked—as well as to promote greater use of digital financial services among those who do have an account. The Global Findex database has become a mainstay of global efforts to promote financial inclusion. In addition to being widely cited by scholars and development practitioners, Global Findex data are used to track progress toward the World Bank goal of Universal Financial Access by 2020 and the United Nations Sustainable Development Goals. The database, the full text of the report, and the underlying country-level data for all figures—along with the questionnaire, the survey methodology, and other relevant materials—are available at www.worldbank.org/globalfindex.

This book evaluates Bangladesh’s impressive economic and social progress, more often referred to as a ‘development surprise’. In doing so, the book examines the gap in existing explanations of Bangladesh’s development and then offers an empirically informed analysis of a range of distinctive factors, policies, and actions that have individually and collectively contributed to the progress of Bangladesh. In an inclusive way, the book covers the developmental role, relation, and impact of poverty reduction, access to finance, progress in education and social empowerment, reduction in the climatic vulnerability, and evolving sectoral growth activities in the agriculture, garments, and light industries. It also takes into account the important role of the government and NGOs in the development process, identifies bottlenecks and challenges to Bangladesh’s future development path and suggests measures to overcome them. By providing an inclusive narrative to theorize Bangladesh’s development, which is still missing in the public discourse, this book posits that Bangladesh per se can offer a development model to other developing countries.

This book examines how migrant remittances contribute to household social resilience in rural Bangladesh. Using a mixed methods approach, the authors show that remittances play a crucial role in enhancing the life chances and economic livelihoods of rural households, and that remittance income enables households to overcome immediate pressures, adapt to economic and environmental change, build economic and cultural capital, and provide greater certainty in planning for the future. However, the book also reveals that the social and economic benefits of remittances are not experienced equally by all households. Rural village households endure a precarious existence and the potentially positive outcomes of remittances can easily be undermined by a range of external and household-specific factors leading to few, if any, benefits in terms of household social resilience.

This publication showcases the beginnings of the People‘s Republic of China–Asian Development Bank knowledge sharing platform, its context, activities, challenges, and lessons learned. It concludes by mapping out the next steps to bring it to its strategic mission.

Migrants have long faced unwarranted constraints to sending money to family members and relatives in their home countries, among them costly fees and commissions, inconvenient formal banking hours, and inefficient domestic banking services that delay final payment to the beneficiaries. Yet such remittances are perhaps the largest source of external finance in developing countries. Officially recorded remittance flows to developing countries exceeded US$125 billion in 2004, making them the second largest source of development finance after foreign direct investment. This book demonstrates that governments in developing countries increasingly recognize the importance of remittance flows and are quickly addressing these constraints.

This book answers key questions about environment, people and their shared future in deltas. It develops a systematic and holistic approach for policy-orientated analysis for the future of these regions. It does so by focusing on ecosystem services in the world’s largest, most populous and most iconic delta region, that of the Ganges-Brahmaputra delta in Bangladesh. The book covers the conceptual basis, research approaches and challenges, while also providing a methodology for integration across multiple disciplines, offering a potential prototype for assessments of deltas worldwide. Ecosystem Services for Well-Being in Deltas analyses changing ecosystem services in deltas; the health and well-being of people reliant on them; the continued central role of agriculture and fishing; and the implications of aquaculture in such environments.The analysis is brought together in an integrated and accessible way to examine the future of the Ganges Brahmaputra delta based on a near decade of research by a team of the world’s leading scientists on deltas and their human and environmental dimensions. This book is essential reading for students and academics within the fields of Environmental Geography, Sustainable Development and Environmental Policy focused on solving the world’s most critical challenges of balancing humans with their environments. This book is licensed under a Creative Commons Attribution 4.0 International License.

Banking the Poor explores level and determinants of financial access in 54 countries, mostly in Africa. It collects information from two sources: central banks and leading commercial banks in each surveyed country. It explores associations between countries' banking policies and practices and their levels of financial access, measured in terms of the numbers of bank account per thousand adults. It builds on the previous work measuring financial access through information from regulators, from banks, and also from users' perspectives in household surveys.

This volume provides theoretical treatments of remittance on how its development potential is translated into reality. The authors meticulously delve into diverse mechanisms through which migrant communities remit, investigating how recipients engage in the development process in South Asia.