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Book Excerpt: The Migration-Development Regime
Too Many Remittances?
At a time where the international flow of remittances has received a great deal of criticisms by those on the political right, Jorge de Leon Miranda, a researcher at the International Monetary Fund, attempts to investigate the magnitude and effects of international remittances. In doing so, he discovered that remittances from the United States make up a great deal of the remittance inflow for at least fifteen countries and that the level of remittance inflow has an appreciable effect level of that country's development.