ABSTRACT
The dramatic growth of remittances in recent years has exposed their ability to reshape migrants’ source countries at the macroeconomic and microeconomic levels. A form of self-help, their sending and usage can be harnessed by households to promote change. Studies have demonstrated the positive correlation of remittances with a variety of outcomes, like poverty reduction, economic growth, educational results, entrepreneurship, access to health care, lower income inequality, and lower infant mortality.
