Brewed Fresh Daily
Anotated links from a Cleveland area obsessive coffee drinker, avid quotation collector, voracious internet content consumer, amatuer social network analyzer, and armchair economic developer. Recently referred to as a "web activist".3/28/2004
Real Economic Development
The US is the primary source of remittances Latin American and Caribbean workers sent $38B back home from abroad in 2003, the Inter-American Development Bank believes. The sum is probably an understatement, the IADB says, but is still bigger than foreign direct investment and official aid combined.The vast majority of the money came from workers in the US, with Japan in second place... Globally, experts believe remittance flows could be as much as $150B a year.What do you think the answer is?
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