Thinking global, living local: Voices in a globalized world

  • Migrant Workers Sending Less Money to Latin America

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    Funds sent by overseas workers back to Latin America and the Caribbean are expected to drop steeply in 2009, shrinking a crucial source of cash for many families in the region. Remittances to the region began to slow in 2008 after a decade of growth, according to the Inter-American Development […]

  • Negative Effects of Remittances

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    Last year, the official amount of remittances in the Phillipines reached US$14.4 billion, more than 10 per cent of the country’s GDP. Thus, the country is now the world’s third highest remittance-recipient country after India and Mexico. But how much do the Philippines pay for the remittances? How do natives […]