Dilip Ratha Biography

Dilip Ratha is Manager, Migration and Remittances Unit and Head, Global Knowledge Partnership on Migration and Development (KNOMAD) in the Development Prospects Group of the World Bank. 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) Global Remittances Working Group. 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.” Besides migration and remittances, Dilip’s research reflects a deep interest in innovative financing for poor countries: diaspora bonds, future-flow securitization, shadow sovereign ratings and South-South foreign direct investment. 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. Prior to joining the World Bank, he worked as a regional economist for Asia at Credit Agricole Indosuez, Singapore; 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 also worked as a visiting lecturer and helped build a CGE model of the Indian economy. Dilip hosts People Move, a popular blog. His TED Talk "The hidden force in global economics: sending money home" has been viewed over a million times.

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