Thinking global, living local: Voices in a globalized world

The New Development Mantra

Written by on . Published in Cash back

Remittances have emerged as an important source of external development finance for developing countries in recent years. This paper examines the causes and implications of remittance flows. It suggests a role for an international organization to intermediate these flows to lower transaction costs and increase transparency, which would both enhance these flows and maximize their benefits.

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Samuil Simeonov

Samuil Simeonov is a political scientist