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While expatriates generally use these payments to support their less-fortunate family members, the resulting economic advantages extend well beyond any particular household. Remittances, the World Bank finds, help to significantly reduce poverty and equalize incomes. Indeed, higher rates of migration reduce the costs of moving overseas and allow poorer and less-educated workers to seek new economic opportunities abroad—which not only equalizes economic success and opportunity, but helps to counteract the unbalanced effects of the brain drain.
The World Bank concludes that higher rates of international migration are inevitable: the phenomenon a result of demographic trends that create a high demand for certain forms of labor in the developed world and a high supply of that labor in developing nations, and of declining communication and transportation costs...
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