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

Unscramble the Blue Letters

One of the most enicxitg and newest thing happening in the area of remittances is how to mobilize, through ionontiavn, diaspora saving and dsariopa giving. Migrants send money home, but they also save a large amount of money where they live. Annually, migrant savings are estimated to be 500 biiolln dollars. Most of that moeny is parked in bank deposits that give you zero percent interest rate. If a country were to come and oeffr a three percent or four percent interest rate, and then say that the money would be used for building schools, roads, airports, train systems in the ctnuory of origin, a lot of migrants would be interested in parting with their money because it's not only financial gains that give them an opportunity to stay eggenad with their country's development. rctntameie channels can be used to sell these bodns to migrants because when they come on a monthly bsais to send remittances, that's when you can actually sell it to them. You can also do the same for mozibiling diaspora giving. I would love to invest in a bullet train system in India and I would love to contribute to efforts to fight malaria in my village. reenittmacs are a great way of sharing prosperity between pcleas in a targeted way that benefits those who need them most.

Open Cloze

One of the most ________ and newest thing happening in the area of remittances is how to mobilize, through __________, diaspora saving and ________ giving. Migrants send money home, but they also save a large amount of money where they live. Annually, migrant savings are estimated to be 500 _______ dollars. Most of that _____ is parked in bank deposits that give you zero percent interest rate. If a country were to come and _____ a three percent or four percent interest rate, and then say that the money would be used for building schools, roads, airports, train systems in the _______ of origin, a lot of migrants would be interested in parting with their money because it's not only financial gains that give them an opportunity to stay _______ with their country's development. __________ channels can be used to sell these _____ to migrants because when they come on a monthly _____ to send remittances, that's when you can actually sell it to them. You can also do the same for __________ diaspora giving. I would love to invest in a bullet train system in India and I would love to contribute to efforts to fight malaria in my village. ___________ are a great way of sharing prosperity between ______ in a targeted way that benefits those who need them most.

Solution

  1. billion
  2. places
  3. mobilizing
  4. offer
  5. money
  6. basis
  7. engaged
  8. country
  9. remittances
  10. diaspora
  11. remittance
  12. innovation
  13. bonds
  14. exciting

Original Text

One of the most exciting and newest thing happening in the area of remittances is how to mobilize, through innovation, diaspora saving and diaspora giving. Migrants send money home, but they also save a large amount of money where they live. Annually, migrant savings are estimated to be 500 billion dollars. Most of that money is parked in bank deposits that give you zero percent interest rate. If a country were to come and offer a three percent or four percent interest rate, and then say that the money would be used for building schools, roads, airports, train systems in the country of origin, a lot of migrants would be interested in parting with their money because it's not only financial gains that give them an opportunity to stay engaged with their country's development. Remittance channels can be used to sell these bonds to migrants because when they come on a monthly basis to send remittances, that's when you can actually sell it to them. You can also do the same for mobilizing diaspora giving. I would love to invest in a bullet train system in India and I would love to contribute to efforts to fight malaria in my village. Remittances are a great way of sharing prosperity between places in a targeted way that benefits those who need them most.

ngrams of length 2

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

ngrams of length 3

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

Important Words

  1. airports
  2. amount
  3. annually
  4. area
  5. bank
  6. basis
  7. benefits
  8. billion
  9. bonds
  10. building
  11. bullet
  12. channels
  13. contribute
  14. country
  15. deposits
  16. development
  17. diaspora
  18. dollars
  19. efforts
  20. engaged
  21. estimated
  22. exciting
  23. fight
  24. financial
  25. gains
  26. give
  27. giving
  28. great
  29. happening
  30. home
  31. india
  32. innovation
  33. interest
  34. interested
  35. invest
  36. large
  37. live
  38. lot
  39. love
  40. malaria
  41. migrant
  42. migrants
  43. mobilize
  44. mobilizing
  45. money
  46. monthly
  47. newest
  48. offer
  49. opportunity
  50. origin
  51. parked
  52. parting
  53. percent
  54. places
  55. prosperity
  56. rate
  57. remittance
  58. remittances
  59. roads
  60. save
  61. saving
  62. savings
  63. schools
  64. sell
  65. send
  66. sharing
  67. stay
  68. system
  69. systems
  70. targeted
  71. train
  72. village