The Wall Street Journal | 3/17/2009 12:00:00 AM
Migrant Workers Sending Less Money to Latin America
Funds sent by overseas workers back to Latin America and the Caribbean are expected to drop steeply in 2009, shrinking a crucial source of cash for many families in the region.
This year, remittances to the region are likely to decline for the first time since the bank began tracking annual flows in 2000, according to a new study by the Washington-based multilateral institution.
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