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VideoDecember 5, 2019

Expert Answers: How remittances–“dollars wrapped with care”–are a lifeline for developing countries

Do you send money home to your family overseas? If so, you’re contributing to the global flow of remittances, or as the World Bank’s Dilip Ratha calls them, “dollars wrapped with care”. They’re a lifeline for developing countries, allowing families to afford food, clothing, housing, and education.