If you only read one thing this week…


Remittances Triple Aid Amounts by ifyouonlyreadonethingthisweek
February 3, 2011, 11:38 am
Filed under: Development theory

Many of the countries where we all work have large groups of people who reside outside of their home country and send money home through Western Union. Recently, the World Bank produced a new factbook about migration and remittances.  One of the most interesting findings is that migrants are sending home more than three times the amount of aid countries are receiving. Also, remittances were hardly affected by the recent economic downturn. Read more about how this information could affect international development work here.

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