The Double-Edged Sword: Analyzing the Impact of OFW Remittances on the Philippine Economy
The Vital Role of OFW Remittances in the Philippine Economy For decades, the Philippines has witnessed a significant outflow of its workforce seeking opportunities abroad. This phenomenon, driven by a complex interplay of economic disparities, limited domestic prospects, and the allure of higher wages in foreign lands, has resulted in millions of Filipinos working overseas,…