Each year, tens of millions of people migrate all over the world in search of safety, economic prosperity, or a better quality of life. Although split by national boundaries, many families still rely upon migrants for support, resulting in a global flow of money and remittances. In this episode, we will discuss foreign remittances and their impact on the source and recipient countries.
Take a look at some of our favorite articles that we came across while researching this topic:
- Remittances from abroad are major economic assets for some developing countries, Pew Research, Drew Desilver
- Migration and Remittances Factbook 2016, World Bank Group
- Remittances Are Blowing Up, but Economic Growth Isn’t. What Gives?, Center for Global Development, Michael Clemens