Read all posts for ‘remittances’

My work requires me to take auto rickshaw rides every now and then, and on two such occasions I encountered two young men who spoke fluent English which rather took me by surprise. One of them, Sunil, noticing my raised eyebrow, said, ’Mam, I am a graduate in English Literature […]

As of May 2011, annual remittances to the continent of Africa exceeded 40 billion US dollars. According to the World Bank, remittances to sub-Saharan Africa totaled 21.5 billion USD. “Cash backs” from emigrants to the Global South have become essential to local economies. In the case of Somalia, it began […]

Migration is a worldwide phenomenon from which Cambodia is no exception. After a long decade of isolation due to genocide and political conflict, this country is now integrated with regional blocs or bodies—like ASEAN and WTO—and has adopted the free market system which is meant to respect the free movement […]

Most immigrants send money home to help their families, but few realize the huge global impact of these payments. Samuil Simeonov asks whether they’re really doing as much good as they might hope.

One of the key motivating factors for many of the refugees and migrants I know to make the (often treacherous) journey to Australia is the hope that in the future, they will be able to send money home to support relatives left behind. Some may call it “brain drain” and […]