Explanation:

The World Development Report 2023 was recently released by World Bank.

World Development Report 2023

• It is an annual report released by World Bank.

• It proposes an integrated framework to maximize the development impacts of cross-border movements on both destination and origin countries and on migrants and refugees themselves.

• The framework rests on a Match and Motive matrix.

• Match - How closely migrants’ skills and attributes match the needs of destination countries.

• Motive - What motives underlie their movements.

Key Findings of the Report

• The report finds that 120% income gain for Indians going to work overseas compared to a 40% rise in case of internal migration.

• Top Migration Corridors - India-US, India-GCC and Bangladesh-India, Mexico-US, China-US, Philippines-US and Kazakhstan-Russia.

• The share of working-age adults will drop sharply in many countries over the next few decades.

• Mostly developing and poor countries like India are witnessing a rise in young population, while the developed countries have crossed that phase as depopulation has set in.

Hence option 3rd is correct.