The Hidden Force in Global Economics: Sending Money Home by Dilip Ratha | Audiobook

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Title: The Hidden Force in Global Economics: Sending Money Home
Author: Dilip Ratha
Narrator: Dilip Ratha
Format: Original Recording
Length: 16 mins
Language: English
Release date: 09-29-01
Publisher: TED Talks
Genres: Live Events, Culture

Summary:
In 2013, international migrants sent $413 billion home to families and friends - three times more than the total of global foreign aid (about $135 billion). This money, known as remittances, makes a significant difference in the lives of those receiving it and plays a major role in the economies of many countries. Economist Dilip Ratha describes the promise of these "dollars wrapped with love" and analyzes how they are stifled by practical and regulatory obstacles.

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