Your English writing platform
Discover LudwigExact(12)
For now, Somalilanders rely on remittance companies, notably Dahabshiil – one of Africa's biggest money-transfer companies, for their financial needs.
As the name suggests, WorldRemit focuses on remittance and wants to move money more efficiently than Western Union and others.
As such, from a theoretical point of view, overall remittance flows could increase or decrease as: ∂ a + z + x ∂ Π ≥ or ≤ 0. Therefore, the empirical analysis can shed some more light on the overall impact of tougher immigration enforcement on remittance outflows.
The second is more of a business and legal issue: financial regulators looking to reduce money laundering and funding for illicit activities like terrorism are increasingly cracking down on remittance services that cannot provide a clear enough electronic track of how money has moved.
Additionally, CEMLA has provided training to public institutions to allow them to provide reliable market information--for example, helping central banks to collect and disseminate data on remittance flows--which helps the private sector understand market dynamics and thereby informs its investment and operational decision making.
Other developing countries and regions are also heavily reliant on remittance income.
Similar(45)
Somalia is one of the countries that most depends on remittances: one study found that 80% of the capital for start-up firms came from the diaspora.
Although this paper focuses on remittances, this was just one of several issues explored with respondent migrant nurses in both interviews and questionnaires.
Still, the organization said, "the humanitarian crisis in Libya and the unsettled conditions in some neighboring countries are likely to have the greatest impact on remittance-receiving countries in South Asia, which have an estimated 11 million expatriate workers living in the region".
The Philippine economy relies on remittances from overseas workers.
Tajikistan is the country most dependent on remittances in the world.
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com