Document Type

Honors Project

Abstract

Remittances serve as a financial lifeline for households in emerging economies around the world, affording basic social services such as food, education, and healthcare. Alternatively, remittances from diaspora populations are an opportunity for countries to finance development projects. The case of Morocco illustrates the central role that remittances can play in the development policy of countries with high labor out-migration. Yet using remittances for long-term development requires public social protection programs to substitute for the redirection of these private funds used by individual households.

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