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Migrant Remittances and Development in the Global Economy
Manuel Orozco moves beyond the numbers to provide a uniquely comprehensive, historically informed overview and analysis of the complex role of migrant remittances in the global economy. How do patterns of migration and remittances differ across regions? What kinds of regulatory and institutional frameworks best support the contributions of remittances to local development? What has been the impact of remittances on migrants and their families? Drawing on empirical data from five continents and firmly grounded in theory, Orozco¿s work reflects the evolution of our understanding about the importance of migrant remittances and the policies that govern them.
Migrant Remittances in South Asia
This volume provides theoretical treatments of remittance on how its development potential is translated into reality. The authors meticulously delve into diverse mechanisms through which migrant communities remit, investigating how recipients engage in the development process in South Asia.
Migration and Remittances Factbook 2016
Remittances remain a key source of funds for developing countries, far exceeding official development assistance and even foreign direct investment. Remittances have proved to be more stable than private debt and portfolio equity flows, and less volatile than official aid flows, and their annual flow can match or surpass foreign exchange reserves in many small countries. Even in large emerging markets, such as India, remittances are equivalent to at least a quarter of total foreign exchange reserves. India, China, Philippines and Mexico are the top recipients of migrant remittances. The Migration and Remittances Factbook 2016 attempts to present numbers and facts behind the stories of intern...
Beyond Small Change
Examines the role of money transferred by migrant workers to their home country. Focuses on how the remittances meet the basic needs of family members there, whilst also generating opportunities for local communities and national economies. Considers the impacts in Latin America and the Caribbean, as well as in Europe, the Middle East and North Africa, and Asia.
Migration and Remittances During the Global Financial Crisis and Beyond
During the 2008 financial crisis, the possible changes in remittance-sending behavior and potential avenues to alleviate a probable decline in remittance flows became concerns. This book brings together a wide array of studies from around the world focusing on the recent trends in remittance flows. The authors have gathered a select group of researchers from academic, practitioner and policy making bodies. Thus the book can be seen as a conversation between the different stakeholders involved in or affected by remittance flows globally. The book is a first-of-its-kind attempt to analyze the effects of an ongoing crisis on remittance flows globally. Data analyzed by the book reveals three tre...
Return to Sender
Return to Sender is an anthropological account of how Peruvian emigrants raise and remit money and what that activity means for themselves and for their home communities. The book draws on first-hand ethnographic data from North and South America, Europe, and Japan to describe how Peruvians remit to relatives at home, collectively raise money to organize development projects in their regions of origin, and invest savings in business and other activities. Karsten Paerregaard challenges unqualified approval of remittances as beneficial resources of development for home communities and important income for home countries. He finds a more complex situation in which remittances can also create dependency and deprivation.
International Migration, Remittances and Brain Drain
This book provides an analysis of theoretical and empirical researches on the effects of remittances and brain drain on the development of less developed countries (LDCs). It analyzes the most recent global, regional and national data as well as the arguments for and against the emigration of highly skilled personnel and remittances, thereby highlighting policies aimed at optimizing the link between migration and development. The book examines in depth the arguments against "brain drain", namely the loss of skilled labor, wasted public investment in higher education, and reduced tax revenues. It also presents the arguments in favor, emphasizing on the transfer of scientific knowledge, the in...
Handbook on Transnationalism
Providing a critical overview of transnationalism as a concept, this Handbook looks at its growing influence in an era of high-speed, globalised interconnectivity. It offers crucial insights on how approaches to transnationalism have altered how we think about social life from the family to the nation-state, whilst also challenging the predominance of methodologically nationalist analyses.
The Early Morning Phonecall
As migration from poverty-stricken and conflict-affected countries continues to hit the headlines, this book focuses on an important counter-flow: the money that people send home. Despite considerable research on the impact of migration and remittances in countries of origin - increasingly viewed as a source of development capital - still little is known about refugees' remittances to conflict-affected countries because such funds are most often seen as a source of conflict finance. This book explores the dynamics, infrastructure, and far-reaching effects of remittances from the perspectives of people in the Somali regions and the diaspora. With conflict driving mass displacement, Somali soc...
Migrants' Remittances and Development
Highlights the ways in which the development potential of remittances could be most effiectively used, while avoiding the possible risks. In doing so, it seeks to help promote a more balanced approach to the issue of remittances and development, which, as indicated above, is now high on the global economic agenda.
