Why is this interesting? - The Balikbayan Edition

On work, sacrifice, and a tangible link to home.

Colin here. Remittances—the money and material sent from people working abroad back home—are a big part of how the world functions. A migrant laborer goes and seeks work in another country where economic conditions are better and sends a portion of their pay, often a large one, to families at home. Figures from the World Bank peg this market at around $…