remittance

NEWS: The Country Training People to Leave

March 9, 2015 // 0 Comments

A great article to discuss when teaching BRAINDRAIN. The country training people to leave By Stephen SackurBBC, Philippines The Philippines has one of the fastest growing economies in Asia – but there aren’t enough jobs to go around. So every year the government teaches thousands of people the skills they need to get jobs abroad. When I arrive at the state-run Housemaids Academy in Manila morning exercises are well under way. A squad of uniformed cleaners is poking feather dusters into all corners of the sitting room. In the kitchen trainee cooks are immersed in the finer points of salad preparation. The academy has the feel of a soap-opera set – each room meticulously dressed to ape the reality of a grand residence. Below stairs is a classroom filled with old fashioned school desks. Here, I’m told, the trainee house servants take lessons in hygiene, respect and personal finance. The Philippines government schools tens of thousands of maids, chauffeurs, [...]

NEWS via Pew Research: Remittance Flows Worldwide in 2012

February 25, 2014 // 0 Comments

Remittance Flows Worldwide in 2012 U.S. top sending country; India top receiving country Click above for full interactive “Remittances” are funds or other assets sent to their home countries by migrants, either themselves or in the form of compensation for border, short-term and seasonal employees (World Bank, 2013). Total remittances received by a country, as reported by the World Bank, include remittances sent via formal channels, such as banks and other businesses that transfer money. Data in this interactive are provided by the World Bank and follow World Bank definitions adopted from the International Monetary Fund nations (World Bank, 2013). If unofficial remittances were counted, the total could be as much as 50% higher or more, according to household surveys and other evidence cited by the World Bank (World Bank, 2005). Remittance data are provided by the World Bank and follow World Bank definitions adopted from the International Monetary Fund (World Bank, 2013). [...]
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