Last updated: 13 july, 2009 - 08:14 GMT

Migrants role in sending home payments

The global financial crisis and the recession are affecting the lives of people across the world.

Migrant workers rest on a Beijing street

Migrant workers rest on a Beijing street

It is cutting the money foreign workers send back home to their families, which are also known as remittances. Many migrant workers have also lost their jobs

The sums involved are huge - the money sent back by the world's 200 million migrant workers amounts to roughly $300bn - and this is particularly important for some poorer economies, as the BBC's Mark Gregory reports for the BBC's Taking the Pulse of the Global Economy.

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First broadcast on 17 June 2009

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