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LatAm and Caribbean migrants send home $45.8bn

Financial Times: “Economic migrants from Latin America and the Caribbean sent home $45.8bn last year, 20 per cent more than in 2003.” It seems like remittances are a bigger component of our economies every year. This is an important indicator of the further mixing of cultures that we addressed in the Practical Global IA session at the Summit. (“Follow the money.”)

March 23, 2005 | Archived in Business, Culture