The World Bank - Working for a world free of poverty
East Asia & Pacific is facing some great development challenges today: urbanization, protection of the environment, the need to find renewable energy sources and many others. This site wants to create a conversation around those important issues. More »
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channel remittances to productive uses
I agree with your reading on the Philippine economy. Sadly, OFW remittances that could be an investment source only fuel the growth of mega-shoppings malls with China-made products. The government should have a comprehensive and pro-active role in assisting OFWs find productive uses for their hard-earned money.