The hidden force in global economics: sending money home | Dilip Ratha | TED Talk

Learn how remittances play a major role in the economies of many countries in the TED Talk “The hidden force in global economics: sending money home.” In 2013, international migrants sent $413 billion home to friends and family. Economist Dilip Ratha explains that this money is often forgotten in the larger context, but it is significant to the economies of many developing countries. Learn why Ratha says remittances are a growing global trend; one that will have an even bigger impact on personal finance and economics in years to come.