Migration and the remittances that top 300 billion$

Migrants often seek greener pastures and then they settle down and seek ways of sending some of the benefits back home. This is all so true in the modern world. Today migrants go off to work at greener pastures [developed countries] and they send their profits home and this is what we call remittances. If you were to take all the remittances that the migrants managed to send home last year, well they reach a whopping 300 billion$ and that is a whole lot more than the financial aid being currently provided by the developed world to the lesser countries. The migrants have proved time and time again that they have the stuff and the perseverance to work harder which is why their talents are so widely respected by so many corporates like Microsoft.
The Migration of humans has been there for quite a while and it is this very same migration of the human species that has spread the human race to all corners of the world. We all came out of Africa in search of greener pastures and now we can all trace our roots all the way back to Africa. Today migration has taken a different form, it is driven more by purely socio economic factors than by mere socio factors as it was the case in that very first migration out of Africa. Today saw India top the list of having the most remittances sent by the migrants to home. India's remittances for 2006 stood at 24.5 billion$ and they managed to pip both Mexico and China for the top spot. What is interesting to note is that the Migrant remittance sis evolving the way that money transfers are made. Since most of the relatives of the migrants back home lack even a basic bank account, the money remittances are made using innovative methods for eg, some of the remittances have been made by using mobile banking methods. The migrants have always added value to the society at large and they have proved time and time again that they are as creative as the best of us!

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