End of preview - This article contains approximately 1152 words.
Subscribers: Log in now to read the full article
Not a Subscriber?
Choose from one of the following options
Back
Andean Group - August 2020
Pandemic stems flow of remittances
Remittances – money sent home by people living overseas to family and friends – traditionally provide something of a cushion in times of economic crisis for developing countries. Historical data has shown that remittances can be counter-cyclical, as migrants who know that family at home are struggling make an effort to send more money to tide them over.
