Ang, Alvin P.; Sugiyarto, Guntur; Jha, Shikha - 2010
households out of poverty. Remittances thus may help in fighting poverty in the Philippines but not in rebalancing growth …As one of the world's largest recipients of remittances, the Philippines received remittances roughly 12% of its gross … to the Philippines do not have a significant influence on other key items of consumption or investment such as spending …