full transcript
"From the Ted Talk by Dilip Ratha: The hidden force in global economics"

Unscramble the Blue Letters

There are. M-Pesa in Kenya enables people to send money and receive money at a fixed cost of only 60 cents per transaction. U.S. Fed sratted a program with Mexico to elbane money service businesses to send mnoey to Mexico for a fiexd cost of only 67 cents per transaction. And yet, these faster, cheaper, better otipons can't be applied internationally because of the fear of money laundering, even though there is little data to support any connection, any significant connection between money laundering and these small remittance transactions. Many iontnteairanl banks now are wary of hosting bank accounts of money service businesses, especially those serving Somalia.

Open Cloze

There are. M-Pesa in Kenya enables people to send money and receive money at a fixed cost of only 60 cents per transaction. U.S. Fed _______ a program with Mexico to ______ money service businesses to send _____ to Mexico for a _____ cost of only 67 cents per transaction. And yet, these faster, cheaper, better _______ can't be applied internationally because of the fear of money laundering, even though there is little data to support any connection, any significant connection between money laundering and these small remittance transactions. Many _____________ banks now are wary of hosting bank accounts of money service businesses, especially those serving Somalia.

Solution

  1. money
  2. fixed
  3. enable
  4. international
  5. started
  6. options

Original Text

There are. M-Pesa in Kenya enables people to send money and receive money at a fixed cost of only 60 cents per transaction. U.S. Fed started a program with Mexico to enable money service businesses to send money to Mexico for a fixed cost of only 67 cents per transaction. And yet, these faster, cheaper, better options can't be applied internationally because of the fear of money laundering, even though there is little data to support any connection, any significant connection between money laundering and these small remittance transactions. Many international banks now are wary of hosting bank accounts of money service businesses, especially those serving Somalia.

ngrams of length 2

collocation frequency
send money 16
money home 12
sending money 9
billion dollars 8
money transfer 5
poor people 5
developing countries 4
migrants send 4
recruitment fees 3
transfer companies 3
development aid 3
post office 3
money laundering 3

ngrams of length 3

collocation frequency
send money home 7
sending money home 4
money transfer companies 3

Important Words

  1. accounts
  2. applied
  3. bank
  4. banks
  5. businesses
  6. cents
  7. cheaper
  8. connection
  9. cost
  10. data
  11. enable
  12. enables
  13. faster
  14. fear
  15. fed
  16. fixed
  17. hosting
  18. international
  19. internationally
  20. kenya
  21. laundering
  22. mexico
  23. money
  24. options
  25. people
  26. program
  27. receive
  28. remittance
  29. send
  30. service
  31. serving
  32. significant
  33. small
  34. somalia
  35. started
  36. support
  37. transaction
  38. transactions
  39. wary