A blog about migration, remittances, and development
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This blog is hosted by Dilip Ratha, lead economist at the World Bank. Its goal is to leverage migration and remittances for development.
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- November 2009 (3)
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SLOW DOWN NOT YET
SUCH PREDICTIONS AS YOURS TEND TO MAKE ECONOMICS CONTINUE TO BE THE DISMAL SCIENCE OF OLD.
REMITTANCE FLOWS TO THIRD WORLD COUNTRIES FROM DEVELOPED ECONOMIES ARE REAL., DELIBRATE AND SUSTAINED CAPITAL FLOWS.
TRADE DEVELOPMENTS, CAPITAL PROJECTS DO NOT RESPOND TO MINOR HICCUPS OF A NUMBER OF FINANCIAL INSTITUTIONS IN THE US.
STATISTICS BEING SUPPLIED ARE UNREAL BEING THAT THE UNSET OF CRICIS JUST MID SEPTEMBER 2008 DOES NOT AFFORD SUFFICIENT TIME FOR THEIR CRITICAL ANALYSIS AND RELIANCE.
PERHAPS,A LITTLE EXAGGERATIONS, BUT THESE COMMENTS DO HARM THE ECONOMY THE MORE.
CHUKU UDENSI
ACCOUNTANT/FINANCIAL CONSULTANT
NIGERIA.