The World Bank reports that in 2005 remittances to developing countries sent through formal financial channels was about US$167 billion. A consensus has now emerged that remittances are an important form of international development finance. We argue that remittances are particularly important for sustainable development because the process involves self-help by people who originated from developing countries.
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pdf
Categories:
Enterprise and Employment in Africa, Investment
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Publication Date:
31/08/2006
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