http://www.nextbillion.net/newsroom/2006/11/01/call-for-caution-over-migrants-cash Comments for "Call for Caution Over Migrants' Cash" en http://www.nextbillion.net/newsroom/2006/11/01/call-for-caution-over-migrants-cash <div class="flexinode-body flexinode-4"><span class="flexinode-timestamp-13"> November 30, 2006 - 14:00, </span> <span class="flexinode-textfield-14"> Financial Times</span> <div class="flexinode-textfield-15"> Call for caution over migrants&#039; cash</div><br> <div class="form-item"> <label>Story Link:</label> <a href="http://www.ft.com/cms/s/acc86cea-6839-11db-90ac-0000779e2340.html">http://www.ft.com/cms/s/acc86cea-6839-11db-90ac-0000779e2340.html</a> </div> <div class="flexinode--41"> <strong>Teaser: </strong><br /> The World Bank will on Tuesday urge policymakers to take a more cautious approach towards the development potential of remittances, the multi-billion dollar financial flows sent home by migrant workers in North America, Europe and Asia.<br class="clear" /></div> <div class="flexinode-textarea-6"> The World Bank will on Tuesday urge policymakers to take a more cautious approach towards the development potential of remittances, the multi-billion dollar financial flows sent home by migrant workers in North America, Europe and Asia.<br /><br />In a report analysing their significance in Latin America and the Caribbean, bank economists argue that remittances are not “manna from heaven”, that the benefits have been “overestimated” and that associated social and economic costs in developing countries have not been taken into account.<br class="clear" /></div> </div> http://www.nextbillion.net/newsroom/2006/11/01/call-for-caution-over-migrants-cash#comment Remittances Wed, 01 Nov 2006 13:47:45 -0500 Rob Katz 3544 at http://www.nextbillion.net