Global Remittances: Impact on Migrant Workers and Economies

This chapter delves into the crucial role global remittances play in supporting migrant workers' families, focusing on countries like India, Mexico, Morocco, and the Philippines. It discusses the challenges faced by migrant workers amidst decreased remittances due to global economic changes, particularly during the COVID-19 pandemic. The episode highlights the significance of using legitimate money transfer services, discusses transaction costs, and emphasizes the importance of remittances in sustaining households and economies.