Word: outflows
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Dates: during 2000-2009
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...find in rural areas are built from remittances; people point to the homes and describe them as "from Saudi," "from Dubai," "from Italy," etc. When you ask a youngster what she dreams of being, she will say, "I want to be a nurse, so I can go abroad." The outflow of Filipino workers is about supply and demand. It is about globalization and economic growth. I just hope that this phenomenon is temporary and our country does not find it has been forced to destroy the fabric of family life. Lisa Crisostomo, Rillaar, Belgium...
...that outflow of deposits is also part of a longer-term trend away from corporate credit unions. When the corporates were set up in the 1970s, they were meant to provide the liquidity that retail credit unions couldn't get elsewhere. As the era of deregulation descended on the financial-services industry, though, retail credit unions were increasingly able to fund themselves directly in the capital markets. To stay competitive, corporate credit unions knew they had to pay higher yields - and that meant riskier investments. "Over time they morphed into something more like investment banks," says Charles Felker, a managing...
...constructed concrete homes you find in rural areas are built from remittances; people point to the homes and describe them as "from Saudi," "from Dubai," "from Italy," etc. When you ask a youngster what she dreams of being, she will say, "A nurse, so I can go abroad." The outflow of Filipino workers is about supply and demand, globalisation and economic growth. I just hope that this phenomenon is temporary. Lisa Crisostomo, Rillaar, Belgium...
...find in rural areas are built from remittances; people point to the homes and describe them as "from Saudi," "from Dubai," "from Italy," etc. When you ask a youngster what she dreams of being, she will say "I want to be a nurse, so I can go abroad." The outflow of Filipino workers is about supply and demand. It is about globalisation and economic growth. I just hope that this phenomenon is temporary and our country does not find it has been forced to destroy the fabric of family life. Lisa Crisostomo, RILLAAR, BELGIUM...
...economy. Throw in frozen credit markets, high inflation, soaring unemployment and a new tax to pay for the financial crisis bailout, and it's little wonder Ireland's workers are again pondering a move abroad. Dublin's Economic and Social Research Institute, a think tank, forecasts a net migratory outflow of 30,000 in 2009, the highest rate for 20 years. The stalled economy, McLarnon says, has "created a sense of urgency...