Articles on Remittances
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With fewer options available to send much-needed money to their family overseas, migrant communities fear severe consequences.
Remittances may hinder the development of democracy in sub-Saharan Africa. A lot depends on whether recipients value rights and freedom much more than improving their standard of living.
The World Bank recently forecast that remittances to developing countries will total more than US$450 billion this year, a bit bigger than Venezuela’s economy and more than double a decade a go. Given…


