According to some statistics, approximately 80% of China's inward FDI comes from its overseas migrants. Indeed, the PRC's central and local governments place particular emphasis on the role of overseas Chinese in developing the country's provinces. Similar policies apply in other developing countries, making the need to track and understand South-South migration that much more essential.
Monday, January 21, 2008
The recent edition of The Economist has a fantastic special report on global migration, emphasizing many points particularly salient to South-South population movements. Third World migration has for a long time been ignored, but is quickly making its way into the spotlight as scholars and policymakers alike are beginning to recognize its potential developmental implications.