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Remittances

A Lifeline at Risk

Raymond C. Offenheiser | Posted 06.26.2014 | Impact
Raymond C. Offenheiser

The remittance corridor to Somalia is uniquely stressed -- and uniquely important. At the moment, Somalia's remittance system is its life-support, its economic engine and the glue holding its communities together.

Increasing Competition and Reducing Fees Can Help Harness Remittances for Economic Development

Amini Kajunju | Posted 06.23.2014 | Impact
Amini Kajunju

While remittances to Africa are helping to reduce poverty in individual households in sub-Saharan Africa, panelists from top financial institutions and the African Diasporan community agreed that channeling remittances flows through collective investment schemes and other innovative approaches are necessary to maximize its impact for sustainable development.

Keep the Lifelines Open for Family-to-Family Support in Somalia

Barkhad Abdi | Posted 07.13.2014 | World
Barkhad Abdi

As Money Service Business accounts continue to be closed, the ultimate victims are the Somalis who rely on remittances from abroad.

Manuel Zelaya's Economy: The Other Side of the Coin

Marco Cáceres | Posted 01.23.2014 | World
Marco Cáceres

President Zelaya's heart may have been in the right place, but he wasn't governing; he was simply handing out cash that would eventually have to be paid back by a future government or force a future president to yet again travel around the world begging for forgiveness.

The Immigration Debate in the US Should Include Role of Remittances

Gabriel Sanchez Zinny | Posted 10.20.2013 | Latino Voices
Gabriel Sanchez Zinny

One of the most important dynamics relating to the large numbers of foreign immigrants that live and work in the United States has gotten relatively little attention - that is, remittances.

Philippines as the New ASEAN Growth Pole: Not Even Corruption Can Stop it

Richard Javad Heydarian | Posted 10.13.2013 | Business
Richard Javad Heydarian

Halfway into his six-year term, President Benigno Aquino III is facing a spate of major corruption scandals, which could potentially undermine his "good governance" initiative -- the policy that largely explains renewed global confidence in the Philippine economy in recent years.

Our Vietnamese Hearts: The Diaspora 38 Years Later

Andrew Lam | Posted 06.28.2013 | HuffPost Home
Andrew Lam

Mẹ Việt Nam ơi, Chúng Con Vẫn Còn đây (Oh Mother Vietnam, We Are Still Here) The lyrics from this sentimental song come back to me once in...

Changes to CFPB Guidelines on Remittances Keep Responsible Providers in the Game

Janis Bowdler | Posted 01.30.2013 | Business
Janis Bowdler

One of the first moves by the newly minted Consumer Financial Protection Bureau (CFPB) was to issue a rule implementing new protections for money sent to loved ones abroad, known as remittances.

Remittances and Immigration

Andrew Wainer | Posted 12.24.2012 | Latino Voices
Andrew Wainer

The international component of immigration policy -- both as the source of unauthorized immigrants and as recipients of immigrant remittances - is largely absent from discourse on immigration policy.

Your Wad Is My Bond: Are Diaspora Bonds Worth the Risk for Diaspora Africans?

Dele Meiji Fatunla | Posted 05.27.2012 | World
Dele Meiji Fatunla

Where remittances are often sent in response to family and community needs, diaspora bonds are a direct investment in the economy at the national level. Even though they are being explored for the first time by African governments, the idea of issuing diaspora bonds is not new.

Remittances Rebound But Pressures Persist

Otaviano Canuto | Posted 07.26.2011 | World
Otaviano Canuto

Remittance flows are sometimes the most important source of income that families in developing countries can rely on. Unless the transfer costs can be reduced, their impact on reducing poverty will not reach its full potential.

Helping Immigrants Build Somalia's Future, One School At A Time

The Huffington Post | Yepoka Yeebo | Posted 05.26.2011 | Impact

"You don't have to look far to see the difference education makes in peoples lives," said Hodan Guled. Hodan fled Somalia with her parents as the c...

The Deportation Regime

Arlene M. Roberts | Posted 05.25.2011 | Books
Arlene M. Roberts

Freedom of movement, the ability to cross borders, to create a new life in an adopted homeland is a goal to which many aspire - and even achieve. Imm...

Sensational Cases Expose Conditions Faced by Overseas Workers Throughout Asia

Rebecca Buckwalter-Poza | Posted 05.25.2011 | World
Rebecca Buckwalter-Poza

Each year, inhabitants of the least-developed Asian countries pursue the economic benefits of overseas employment despite the high social cost at home and possibility of injury at the hands of employers abroad.

Standing Tall With 2,500 of Our Closest Friends

Janet Murguía | Posted 05.25.2011 | Politics
Janet Murguía

I just got back from the White House, where I watched President Obama sign the banking reform bill, and I reflected on what a significant victory it is for Hispanics and other minorities pursuing the American Dream.

A Migration Summit To Address Shrinking Birth Rates

John Feffer | Posted 05.25.2011 | World
John Feffer

The Russians and Japanese, as well as Europeans, are not having enough children to replace themselves. Only by lowering the barriers to citizenship can shrinking countries revive their economies

Remittances To Latin America, Caribbean Nations To Decline This Year After A Decade Of Growth

McClatchy | Lesley Clark | Posted 05.25.2011 | World

WASHINGTON -- The slumping global economy is slowing the amount of money that migrant workers send home to their families in Latin America and the Car...

World's Poor Left To Fend For Themselves As Rich Nations Cope With Budget Pressures

Al Jazeera English | Posted 05.25.2011 | World

Developing countries may face a financing gap of $270bn to $700bn this year as trade income dwindles and rich nations vie for capital to deal with a g...

Yearly Mexican Remittances Drop Significantly

AP | JULIE WATSON | Posted 05.25.2011 | World

MEXICO CITY — The money sent home by Mexican migrants fell in 2008 for the first time on record, Mexico's central bank said Tuesday _ part of a ...

Life Harder For World's Poor As Remittances Begin To Slow

Nytimes.com | SABRINA TAVERNISE | Posted 05.25.2011 | World

TOSH-TEPPA, Tajikistan -- In poverty-stricken Tajikistan, the global financial crisis is measured in bags of flour. At least that is how Bibisoro ...