Where high-income countries have broken their promise of financial redistribution, global migrants have stepped in. Out of their earnings, the remittances they send to their families back home are now the single largest source of external finance in many low-income countries, outstripping both ODA and foreign direct investment. Those worker remittances constitute around 25% of GDP in countries like Nepal, Lesotho and Moldova, and are a vital source of resilience during domestic economic and humanitarian crises.87 That makes migration one of the most effective ways of reducing global income
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