Remittances are less effective than aid in diminishing inequality in developing countries.

Question

Quizplus · Accepted Answer

Research has shown that remittances can actually have a positive impact in reducing inequality in developing countries, as they often go directly to households and can provide a stable source of income. However, aid can also have a significant impact in reducing inequality, and both remittances and aid are important in addressing development challenges. It is not accurate to say that one is necessarily more effective than the other in this regard.

Remittances Are Less Effective Than Aid in Diminishing Inequality in Developing