Financial flows for developing countries
With increased globalization and a smaller world, money flows more easily and the flows have increased. Where aid once represented a majority of the funds from high income countries to developing countries, this has now been surpassed by investments and worker’s remittances, and these flows show no sign of slowing down – maybe pausing for an occasional downturn in the global economy. The question is when this will start show as a significant decrease in poverty.
Year: 2008
From collection: Environment and Poverty Times #5: Pro-poor growth issue
Cartographer: Hugo Ahlenius, UNEP/GRID-Arendal