Sunday, May 31, 2009

Migrants, Remittance-dependence, and the Philippine Economy


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As our contribution for the Philippine process of the Peoples’ Global Action on Migration, Development and Human Rights to prepare for the 2nd Global Forum on Migration and Development (GFMD) which was hosted by the Philippines on October 27–30, I was tasked to present for the Freedom from Debt Coalition on the effects of migrants remittances on the Philippine economy.

What I did was to look on important macroeconomic indicators, specifically employment, fiscal indicators, and monetary indicators (many of which were made available by the Philippine government for the public on the NSCB website). This was my presentation: