Overseas Filipino Workers: The Modern-Day Heroes of the Philippines
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Overseas Filipino Workers: The Modern-Day Heroes of the Philippines
There are many variations of this that highlight the inadequacy of the “money-in-the-bank” metric. There are many millionaires that have no desire to influence or help their families and close communities. On the other hand, there are people earning a minimum wage that send what little they have back home to assist their parents and friends.
Lawrence Yeo • Money Is the Megaphone of Identity
The third world’s remittance economy—which is basically the money sent home by people who have migrated to first-world nations, and which rivals international aid in scope—did not crash during the last financial crisis. In fact in many instances it grew, baffling economists.