http://www.nextbillion.net/blogs/2006/11/02/remittances-the-new-york-times-gets-it Comments for "Remittances: The New York Times Gets It" en http://www.nextbillion.net/blogs/2006/11/02/remittances-the-new-york-times-gets-it <img src="http://www.ljova.com/nytimes-logo.jpg" border="0" width="205" height="160" align="right" />Today&#39;s New York Times has an editorial &quot;<a href="http://www.nytimes.com/2006/11/02/opinion/02thu3.html">Wiring Development</a>&quot; that, to my mind, picks up on what is really important from the <a href="http://www.iadb.org/NEWS/articledetail.cfm?Language=En&amp;parid=2&amp;artType=PR&amp;artid=3348">IADB remittance stud</a><a href="http://www.iadb.org/NEWS/articledetail.cfm?Language=En&amp;parid=2&amp;artType=PR&amp;artid=3348">y</a>, &quot;Sending Money Home&quot;, namely the opportunity for Latin American banks to turn remittance recipients (and senders, too) into real, creditworthy customers, and to add a substantial part of the money stream into productive working capital, deepens the financial sectors of recipient countries, and begins to provide the financial literacy so critical to poverty alleviation. After a spate of <a href="/blogs/2006/10/20/shame-on-cnn-remittances-become-political">mis</a><a href="/blogs/2006/10/20/shame-on-cnn-remittances-become-political">-directed</a> <a href="/blogs/2006/11/01/remittance-news-coverage-missing-the-mark">coverage</a>, it&#39;s gratifying to see that the newspaper of record sees the positive big picture. <br class="clear" /><p><a href="http://www.nextbillion.net/blogs/2006/11/02/remittances-the-new-york-times-gets-it">read more</a></p> http://www.nextbillion.net/blogs/2006/11/02/remittances-the-new-york-times-gets-it#comment Remittances Thu, 02 Nov 2006 10:31:04 -0500 williamkramer 3547 at http://www.nextbillion.net