Tuesday, November 27, 2012

Voice of America: Remittances Can Help Economies of Poorest Countries Grow

Voice of America
Voice of America is an international news and broadcast organization serving Central and Eastern Europe, the Caucasus, Central Asia, Russia, the Middle East and Balkan countries
Remittances Can Help Economies of Poorest Countries Grow
Nov 27th 2012, 15:34

A new United Nations report argues that the world's poorest countries could lift their populations out of poverty if they used remittances to improve their productive capacities. The Least Developed Countries Report 2012 published by the United Nations Conference on Trade and Development (UNCTAD) also explores ways to reverse the so-called "brain drain." Remittances mean big money. The U.N. Conference on Trade and Development reports citizens of the world's poorest countries working abroad ...

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