a blog about the promise of globalization, clouded by nationalism and greed. will the fog lift, or are those thunder clouds on the horizon?
Sunday, September 19, 2010
Toiling Far From Home for Philippine Dreams
The town of Mabini, in the Philippines, is filled with large new homes much more luxurious than standard Filipino homes. They are largely unoccupied, built by the 15% of the town's citizens who are OFWs -- Overseas Filipino Workers. Working mainly as maids, nurses or service workers, these Filipinos return money to the Philippines as remittances, which rose from $7.6 billion in 2003 to $17.3 billion in 2009. These payments now account for more than 10% of Phillipines' GDP and are the main factor driving the country's economic growth.
Toiling Far From Home for Philippine Dreams - NYTimes.com

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