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China, Philippines and Indonesia, top remittance receivers in 2007

Michael Figueroa's picture

According to the Bank's recently published Migration and Remittances Factbook, the Top 10 remittance recipients in East Asia & Pacific in 2007 were: China ($25.7 bn), Philippines ($17.0 bn), Indonesia ($6.0 bn), Vietnam ($5.0 bn), Thailand ($1.7 bn), Malaysia ($1.7 bn), Cambodia ($0.3 bn), Mongolia ($0.2 bn), Fiji ($0.2 bn), Myanmar ($0.1 bn).

 

Is China de-linking from the U.S. economy?

David Dollar's picture

The year 2007 was an important milestone in modern economic history.  While the U.S. grew well, China contributed more to global GDP growth than the U.S. did.  That pattern is likely to continue for the foreseeable future.  Roughly speaking, the U.S. economy is about four times the size of China’s.  If the U.S.

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