Migrant remittances continue to grow as source of income for developing countries
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The Inter-American Development Bank has an interesting article on remitances, and while it focusses on remitances sent to Latin America from the USA, it speaks to a trend that is similar in many parts of the world of remittances continuing to grow as a source of income for developing nations. You can read the report, called “Sending Money Home, Leveraging the Development Impact of Remittances”, and a summary at the IDB’s website, here.
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