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Remittances and the Micro- Economy

From a micro-economic perspective, exploiting a wage differential clearly benefits the individual and the household to which he or she belongs. It is quite obvious that the overall impact of remittances on access to basic services such as education and health is positive. Besides, there is increasing recognition of the rather positive impact remittances have on investments as well as an almost universal recognition of their positive impact on poverty reduction, among the recipient households.