Last year, a combination of mass migration, the largest refugee crisis since World War II and stagnant living standards proved to be an explosive cocktail for political elites in Europe and the US.

In 2017, middle-income countries are facing even stronger headwinds. They house the majority of the world’s 21m refugees and are struggling with depressed global markets and lower remittances. In this context, donors and governments must rethink how they respond to global displacement. Instead of focusing on providing refugees with short-term handouts, they must expand employment opportunities both for those fleeing their homes and for the communities that host them. Read more