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The Remittance Market in India (Directions in Development)

Gabi G. Afram




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 | #3139705 in eBooks |  2012-01-09 |  2012-01-09 | File type: PDF

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Millions of migrants worldwide send billions of dollars in remittances each year to their families or communities of origin. In many developing countries, remittances are an important source of family and national income and also are the largest source of external financing. Remittances are better targeted at the needs of the poor than foreign aid or foreign direct investment (FDI) as recipients often depend on remittances to cover daily living expenses, to provide a cus...

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