True True 1 1 1 10 True False False Dilip Ratha Load More Migrant labor | Podcast Dilip Ratha on the Power of Remittances Millions of families around the world- even some countries, rely on workers living abroad to keep their economies afloat. In fact, global remittances reached a record $647 billion in 2022—three times that of official development assistance. Dilip Ratha is lead economist for migration and remittances at the World Bank. In this podcast, Ratha says remittances are timely, large, stable, and best of all, they are countercyclical. Dilip Ratha Migrant labor | September 2023 Resilient Remittances The money that migrant workers send home provides stable income to millions of people in developing economies Dilip Ratha Migrant labor | Back to Basics Remittances For many countries, money transfers from citizens working abroad are a lifeline for development Dilip Ratha See Also Magazine Archives Country Focus Blogs
