Huge remittances could cause huge appreciation to the currencies. We need to ask ourselves, how do we measure the remittances, what effects do they have on social programs. |
The fears over money laundering and terrorist financing are an over- reaction to an otherwise smaller problem affecting the lives of very poor people. These regulations governing remittances can be avoided. |
The fears over money laundering and terrorist financing are an over-reaction to an otherwise smaller problem affecting the lives of very poor people. These regulations governing remittances can be avoided. |
The over-regulation of banking sector can be avoided because they affect the entry into the market of poor migrant workers. The remittances give a lifeline to people in poor countries. |