How Free Trade Might Be the World's Best Option

In Bangladesh, remittances from people living and working abroad added up to nearly Tk. 1.2 trillion last year—more than four times the nearly Tk. 250 billion that foreign aid agencies spent in the country.

Almost 5 percent of the total working age population is now migrant workers, and every year, roughly half a million more people leave the country to work overseas. Bangladesh Bank estimates that they send the equivalent of 7.4 percent of GDP back to family and friends, from 2001-2015; this totalled to Tk. 9.6 trillion.

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Help the Poor With Free Trade by Bjorn Lomborg, 02.25.2009 Forbes Magazine, dated March 16, 2009. On My MindIf you want to save the globe, start by increasing global trade. Hundreds of London's bankers joining the dole queue, America's corporate leaders pleading for a government handout: These are the vivid images of the financial crisis captured by the media. Victims in the developing world, by contrast, are easy to overlook.