Panorama internacional

Remittances/Demographics: an expensive exodus


Ayhan - Trading, 9 August 2020.
From making beds in Hong Kong to building multi-star resorts in Dubai, migrant workers help underpin two economies. They provide cheap labour for the rich world and vital income for poorer countries. Remittances last year overtook foreign direct investment as the biggest source of external financing to these nations, equal to one-tenth of economic output in the Philippines and 16 per cent in Jamaica.
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