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Dilip Ratha
Head - KNOMAD, Lead Economist - Migration and Remittances, Social Protection and Jobs Global Practice
The World Bank
Dilip Ratha is an economist specializing in migration, remittances and innovative financing. According to the New York Times, “No one has done more than Mr. Ratha to make migration and its potential rewards a top-of-the-agenda concern in the world’s development ministries.” He is credited to be the first to analyze and formalize the global significance of remittances. In 2012, he set up the Global Knowledge Partnership on Migration and Development (KNOMAD), a multidisciplinary, global hub of knowledge on migration. He is the focal point for the World Bank’s Migration Working Group and the Diaspora Bond Task Force, and a co-coordinator of the (G8/G20) Global Remittances Working Group. He is currently the chair of the Consortium Advisory Group (and previously the founding CEO) of the Migrating out of Poverty Research Consortium based in the University of Sussex. He is a member of the World Economic Forum Council on migration and of the advisory committee of the Migration Policy Center of European University Institute, Florence. He is also the brain behind the African Institute for Remittances. Besides migration, he has done pioneering work on innovative financing including diaspora bonds, future-flow securitization, shadow sovereign ratings, performance-indexed bonds and South-South foreign direct investment. Prior to joining the World Bank, he worked as a regional economist for Asia at Credit Agricole Indosuez, Singapore where he advised institutional investors in Asian equity, fixed income and foreign exchange markets. He has also worked as an assistant professor of economics at the Indian Institute of Management, Ahmedabad, and as an economist at the Policy Group, New Delhi. He has a Ph.D. in economics from the Indian Statistical Institute, New Delhi where he worked as a visiting lecturer and helped build a prototype planning model for India. Dilip hosts People Move, a popular blog, and can be followed on Twitter at @DilipRatha. His TED Talk, “The hidden force in global economics: sending money home,” can be viewed at http://go.ted.com/xnB.
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