There are four main messages that emerge from this book. First, no matter how authors look at the issue, remittances are extremely important in the Latin American context. With remittances estimated to have topped more than US$50 billion in 2006, Latin America is now the main destination of these flows. Second, remittances generate a number of important positive contributions to economic development. In particular, they tend to reduce poverty and...
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2007/01/01
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42699
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1
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1
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2010/05/19
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Disclosed
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Remittances and development : lessons from Latin America
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Finance & Private Sector Development
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