Another estimate of worldwide remittances
Friday, May 30, 2008 at 2:39AM
Thomas P.M. Barnett

BRIEFING: "Work In, Cash Out," sourced from World Bank and IMF's Balance of Payments Statistics Yearbook 2007, in BusinessWeek, 19 May 2008, p. 14.

$240 billion.

Mexico's government matches remittances 3 to 1 in dollars used for community projects. Interesting.

Highest dependencies: Honduras (26%), Moldova (36%), Tajikistan (36%) and Kyrgyzstan (27%).

My spouse and I, BTW, are applying now for an international adoption from Kyrgyzstan, giving up our attempt to do one from Taiwan, which has gotten too crowded and too slow with the new rules imposed by China on its own adoption programs.

We have informed Vonne Mei that the Mongols are coming!

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