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Cash Flow Fever

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Abstract
There have always been economic migrants - people who swap regions, countries, even continents - to find better wages to pay for a better life. One out of every ten people on the planet either sends or receives money from abroad. And unlike all other forms of financial aid that travels into developing countries, remittances go directly to the poor. Worldwide, it's estimated that amounts to a staggering two hundred billion dollars a year.
With the scent of serious money, some banks are getting involved. And that could lead to a reduction in costs, as well as a change in how remittances are transferred. Aiding the flow of money to poor rural areas may be the most important effect in the current transformation of the remittance market. What impact can this have on the fight against poverty? To find out more, Life travels to the United States and El Salvador to uncover this hidden economy.
Series
Life 5
Duration
00:23:11 (HH:MM:SS)
Language:
English
Target or Intended Audience
adult/continuing education, higher education, high school (grades 10-12), college
Copyright Holder
Name Bullfrog Films (Firm)
Roledistributor
Telephone800-543-3764
AddressBullfrog Films, PO Box 149Oley, PA 19547
Email[email protected]
Copyright Date
2005-01-01
Rights Declaration:
This video is protected by copyright. You are free to view it but not download or remix it. Please contact the licensing institution for further information about how you may use this video.
Persistent/Share URL
https://54098.surd9.group/show.php?pid=njcore:29140
Basic LTI parameter
pid=njcore:29140
PID
njcore:29140