Macroeconomic Volatility, Institutions and Financial Architectures 2008
DOI: 10.1057/9780230590182_7
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“…106 Meanwhile, the prospects for employment and higher wages often compel people from countries such as the Philippines and Indonesia to move to more prosperous economies within the subregion. 107 Many migrants send significant shares of their earnings to their families back home, with the Philippines, for example, consistently ranking among the largest remittancerecipient countries in the world. In 2018, the Philippines, whose international remittance inflows amounted to USD 34 billion, was the fourth largest remittance recipient globally after India, China and Mexico.…”
Section: South-east Asiamentioning
confidence: 99%
“…106 Meanwhile, the prospects for employment and higher wages often compel people from countries such as the Philippines and Indonesia to move to more prosperous economies within the subregion. 107 Many migrants send significant shares of their earnings to their families back home, with the Philippines, for example, consistently ranking among the largest remittancerecipient countries in the world. In 2018, the Philippines, whose international remittance inflows amounted to USD 34 billion, was the fourth largest remittance recipient globally after India, China and Mexico.…”
Section: South-east Asiamentioning
confidence: 99%