28 April 2015 3:00PM
The powerful earthquake that rocked Nepal on April 25 left death and destruction in its wake. As disaster relief efforts and money trickle into the country, Quartz reports that remittances are likely to spike and will be instrumental in rebuilding Nepal’s economy.
Professor Connel Fullenkamp agreed that remittances would increase following the natural disaster; however, he said it is a mistake to assume they will go to long-term projects.
Read the full article on Quartz.