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By the Numbers.(International Edition)(emigrant remittances)(Brief article)
Newsweek International
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November 10, 2008 |
COPYRIGHT 2008 Newsweek, Inc. All rights reserved. Any reuse, distribution or alteration without express written permission of Newsweek is prohibited. For permission: www.newsweek.com. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright
PERISCOPE
The United Nations' Ban Ki-moon warned that the economic crisis could devastate global remittances, the backbone of many developing nations' economies. A look at the money flows that stand to get hit:
318Billions of dollars in remittances sent home by migrants last year, with 14 percent coming from America.
27Billions of dollars in remittances sent to India, the top recipient last ...
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Source: HighBeam Research, By the Numbers.(International Edition)(emigrant remittances)(Brief...