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The Political Economy Of Global Remittances
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Book Synopsis The Political Economy of Global Remittances by : Rahel Kunz
Download or read book The Political Economy of Global Remittances written by Rahel Kunz and published by Taylor & Francis. This book was released on 2011-06-09 with total page 253 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the last decade, a new phenomenon has emerged within the international community: the Global Remittances Trend (GRT). Thereby, government institutions, international (financial) organisations, NGOs and private sector actors have become interested in migration and remittances and their potential for poverty reduction and development, and have started to devise institutions and policies to harness this potential. This book employs a gender-sensitive governmentality analysis to trace the emergence of the GRT, to map its conceptual and institutional elements, and to examine its broader implications. Through an analysis of the GRT at the international level, combined with an in-depth case study on Mexico, this book demonstrates that the GRT is instrumental in spreading and deepening specific forms of gendered neoliberal governmentality. This innovative book will be of interest to students and scholars of political science, international relations, sociology, development studies, economics, gender studies and Latin American studies.
Book Synopsis Migrant Remittances in South Asia by : M. Rahman
Download or read book Migrant Remittances in South Asia written by M. Rahman and published by Springer. This book was released on 2014-11-25 with total page 198 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Move, Work, Save, Send: The Political Economy of Migration & Remittances by : Jesse Acevedo
Download or read book Move, Work, Save, Send: The Political Economy of Migration & Remittances written by Jesse Acevedo and published by . This book was released on 2016 with total page 202 pages. Available in PDF, EPUB and Kindle. Book excerpt: This three-paper dissertation is about the relationship between remittances and political institutions in developing countries and how institutions shape emigration flows. I build on the political economy, democratization, and international migration literatures to theorize the political consequences from remittances. Drawing on underutilized surveys and extant cross-national databases, I show that remittance inflows alter citizen preferences on redistribution as well as government spending patterns on health and educational outcomes. In addition, I find that institutional quality in migrant-sending countries shapes emigration lows in times of economic crisis. My findings add to established theories of government redistribution, which are largely based on wealthier, industrialized countries, and the nascent field on the political economy of remittances. The first paper analyzes how remittance recipients view the role of the state and how citizen attitudes change due to fluctuations in remittance income. I use survey data from the most remittance-dependent countries in Latin America to see how preferences for redistribution changed during the course of the Global Financial Crisis of 2008-2009. With the United States as the main source of remittances, the recession had ripple effects in Latin America. I find remittance receivers are more likely to favor redistribution policies following the economic crisis than before 2009. The second paper analyzes the political effects of remittances at the country level. I use country-level data to show that the relationship between remittances and government spending is conditional on regime type. Autocratic regimes show greater changes in spending on educational and public health from rising remittances. On the other hand, democracies show mild relationships between remittances and spending. I find that institutions will influence the ways government spending responds to rising remittances. The final paper argues that political institutions shape emigration flows conditional on economic performance. Using data from the American Community Surveys to measure Latin American migration into the United States, I find that countries with higher quality institutions will experience a brain drain when economic growth is low. I use the example of Venezuela in 2002-2003 when the country saw its intelligentsia emigrate. While economic performance is a strong factor explaining emigration flows, political institutions have the capacity to mitigate or exacerbate them. Together, these three essays show that remittances and migration flows have profound implications for domestic policy, state expenditures, and the consequences of institutional quality and economic crisis.
Book Synopsis Migrant Remittances and Development in the Global Economy by : Manuel Orozco
Download or read book Migrant Remittances and Development in the Global Economy written by Manuel Orozco and published by Lynne Rienner Pub. This book was released on 2013 with total page 249 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis International Remittance Payments and the Global Economy by : Bharati Basu
Download or read book International Remittance Payments and the Global Economy written by Bharati Basu and published by Routledge. This book was released on 2014-08-07 with total page 281 pages. Available in PDF, EPUB and Kindle. Book excerpt: International Remittance Payments are described mainly as money sent by immigrants to their families and friends in their home countries. These payments provide an important source of income that is mostly used to provide for a variety of basic needs of the non-migrating members of immigrant families and thus remittance payments can be considered as a tool to reduce the poverty level of the labor sending countries. However, remittances are also used for asset accumulation by some families and for some countries they constitute a good part of foreign funds coming into the country. In-spite of their increasing volume over the last few decades, a lot of things about remittances are not known and studies estimate that about half of these money transfers are not even recorded. Since these payments are shown to reduce poverty and help economic progress in the remittance receiving countries, a better knowledge about remittances would help the debates surrounding immigration, remittances and their relation to the global economy. This book provides an overview of remittances in different parts of the world over the last thirty years. It looks at the labor sending and labor receiving countries separately. The text examines the trends, uses, motivations behind sending remittances, cost of sending them and how they are affected by the nature and the development level of different institutional factors. The remittance flows are growing over time and they are used mostly for reducing the uncertainty of life in the less developed parts of the world. However, motivation for sending remittances could be improved and thus remittances could be more conducive to economic development if 1) the relation between the remittance decision and the migration decision is better understood and 2) the costs of international money transfers are reduced. More studies about those issues would benefit the international community. Efforts should be made in all fronts to encourage such international flow of funds not only to have a redistribution of income all over the world, but also to synchronize the efforts towards global economic development and a better integration of the world economy. This book is aimed researchers, policy practitioners and post graduates studying International Economics or International Economic Relations or Political Science or Economic Development.
Book Synopsis The Political Economy of Remittances by : Roy Germano
Download or read book The Political Economy of Remittances written by Roy Germano and published by . This book was released on 2010 with total page 338 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why do international migrants send money home? What are the implications of these monetary flows for developing countries? Long debated by economists and sociologists, these questions have received very little attention in the political science literature. This dissertation argues, however, that remittances--money sent home or "remitted" by international migrants--have significant implications for the study of politics. My main contention is that international migrants assume a more significant welfare burden when their home government's commitment to social insurance provision is in decline. Remittances, in other words, flow to compensate non-emigrating citizens for state retrenchment and the absence of a robust welfare state. I argue that this "transnational safety net" makes remittance recipients (RRs) less vulnerable to economic instability than neighbors who do not receive this money. All else equal, RRs should be more contented with their economic circumstances and have fewer economic grievances with which to politicize. The income-stabilizing and insurance effect of remittances, then, should reduce public pressure on the state, leaving RRs less motivated to mobilize against and punish incumbents for a poor economy when public safety nets are weak. Evidence comes from an original survey of 768 Mexican households, field interviews, and time-series data published by the Bank of Mexico. Statistical tests reveal that Mexicans abroad remit more to families that do not receive social benefits and send roughly $2.5 million more home for every $10 million reduction in spending on social programs by the Mexican government. Analyses furthermore reveal that despite being very poor on average, RRs tend to enjoy higher levels of income stability, are less likely to identify an economic matter as "the most important problem facing Mexico," and make more positive and optimistic assessments of the national economy and their own financial circumstances. In the 2006 Mexican presidential election, I find that RRs were up to 15 percent more likely to stay home on election day at the expense of the primary opposition party and significantly less likely to punish the incumbent party with a vote for either of the major opposition parties if they did vote.
Book Synopsis The Ties That Bind by : David Leblang
Download or read book The Ties That Bind written by David Leblang and published by Cambridge University Press. This book was released on 2022-12-31 with total page 277 pages. Available in PDF, EPUB and Kindle. Book excerpt: Migration is among the central domestic and global political issues of today. Yet the causes and consequences - and the relationship between migration and global markets – are poorly understood. Migration is both costly and risky, so why do people decide to migrate? What are the political, social, economic, and environmental factors that cause people to leave their homes and seek a better life elsewhere? Leblang and Helms argue that political factors - the ability to participate in the political life of a destination - are as important as economic and social factors. Most migrants don't cut ties with their homeland but continue to be engaged, both economically and politically. Migrants continue to serve as a conduit for information, helping drive investment to their homelands. The authors combine theory with a wealth of micro and macro evidence to demonstrate that migration isn't static, after all, but continuously fluid.
Book Synopsis Transnational Transfers and Global Development by : S. Brown
Download or read book Transnational Transfers and Global Development written by S. Brown and published by Springer. This book was released on 2016-06-10 with total page 251 pages. Available in PDF, EPUB and Kindle. Book excerpt: This pioneering volume invites scholars from different social science disciplines to contribute their competing perspectives to a far-ranging albeit understudied dimension of globalization. Globalization has been defined as progressively integrated, national product and factor markets, cemented by the revolution in transportation and communications technology. This process has been driven by transnational corporations who have erected intricate, global supply chains. Such commercial advances have, in turn, intensified the interdependence among states and the authors raise a number of questions: Can the multi-variegated, cross-border activities in which such non-state actors engage be analyzed through a single conceptual lens? Can non-state transnational transfers be so clearly distinguished from exchanges in practice? What are the implications of transnational transfers, where material and non-material value is transferred abroad with no assurance, or even expectation of reciprocal compensation, for sovereignty? The case studies range from the impact of worker remittances on failed states to capacity building by global civil society on behalf of nascent NGOs in China to the transfer of security (or insecurity) via peacekeepers, track two diplomats and private security contractors.
Book Synopsis The Global Political Economy of Raúl Prebisch by : Matias E. Margulis
Download or read book The Global Political Economy of Raúl Prebisch written by Matias E. Margulis and published by Routledge. This book was released on 2017-03-16 with total page 236 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Global Political Economy of Raúl Prebisch offers an original analysis of global political economy by examining it through the ideas, agency and influence of one of its most important thinkers, leaders and personalities. Prebisch’s ground-breaking ideas as an economist – the terms-of-trade thesis and the economic case for state-led industrialization – changed the world and guided economic policy across the global South. As the head of two UN bodies – the Economic Commission for Latin America and the Caribbean (ECLAC) and later the United Nations Conference on Trade and Development (UNCTAD) – he was at the frontline of key North–South political struggles for a fairer global distribution of wealth and the regulation of transnational corporations. Prebisch increasingly came to view political power, not just economic capabilities, as pivotal to shaping the institutions and rules of the world economy. This book contextualizes his ideas, exploring how they were used and their relevance to contemporary issues. The neoliberal turn in economics in North America, Western Europe and across the global South led to an active discrediting of Prebisch’s theories and this volume offers an important corrective, reintroducing current and future generations of scholars and students to this important body of work and allowing a richer understanding of past and ongoing political struggles.
Book Synopsis The Political Economy of International Labour Migration by : Hassan Nawaz Gardezi
Download or read book The Political Economy of International Labour Migration written by Hassan Nawaz Gardezi and published by . This book was released on 1995 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt: Taking a wide-ranging view of international labour migration, Gardezi gives us deeper insight into the transfers of labour by analyzing the political economy of the countries where labour groups originate. He focuses on the conditions under which labour power is reproduced and used. The case study further reveals that the myth of migrants returning home with savings, knowledge and a longing for material success is more wishful thinking. While former studies on labour migration concentrate on its effect on GNP, and foreign exchange earnings, Gardezi refocusses attention on the migrant workers themselves, their hopes and aspirations, community life, and the working conditions both at home and abroad.
Book Synopsis The Political Economy of Global Manufacturing, Business and Finance by : Michael Tribe
Download or read book The Political Economy of Global Manufacturing, Business and Finance written by Michael Tribe and published by Springer Nature. This book was released on 2023-04-21 with total page 343 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is written as a tribute to Frederick Nixson’s extensive work on industrial development in the Global South, while seeking to actively engage with the latest arguments concerning development economics, together with changes in manufacturing and industrial policy that continue to shape the role of the Global South in the international economy, the impact of the increased concentration of global multinational corporations in that space, along with the rise of new financing tools and debt traps. The chapters pay homage to Fred’s broad view of the international development process and reflect his breadth of perception both theoretically and geographically. The book targets both the scholarly and policymaking audience.
Book Synopsis Remittances and Financial Inclusion by : Vincent Guermond
Download or read book Remittances and Financial Inclusion written by Vincent Guermond and published by Taylor & Francis. This book was released on 2023-10-11 with total page 160 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book comprehensively explores the messy and contested relationship between everyday practices of remittance sending and receiving, processes of market making, and operations of micro- and global finance. Remittances and Financial Inclusion critically investigates a global migration-development agenda that aims to harness remittances for development by incorporating remittance flows and households into global financial circuits. The book develops a multidisciplinary perspective and combines insights from economic, development, and financial geography as well as international political economy and economic anthropology. It sets out a geographies of remittance marketisation approach to investigate the intricate and grounded ways in which remittance markets are constructed, the extent to which remittance flows and households can be (re)configured and incorporated into global finance, and why such processes are always fragile, contested, and in need of constant renegotiation. Drawing on extensive fieldwork research, the book provides an in-depth critical interrogation of the policies and initiatives that underpin remittance marketisation in Senegal, Ghana, and beyond. This volume will be especially useful to those researching and working in the areas of international development, contemporary geographies of finance and market making, and migration and remittances. It should also prove of interest to policymakers, practitioners, and activists concerned with the relation between migration, remittances, and finance in the Global South.
Book Synopsis Migration and Remittances During the Global Financial Crisis and Beyond by : Ibrahim Sirkeci
Download or read book Migration and Remittances During the Global Financial Crisis and Beyond written by Ibrahim Sirkeci and published by World Bank Publications. This book was released on 2012-05-30 with total page 471 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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 trends. First, The more diversified the destinations and the labour markets for migrants the more resilient are the remittances sent by migrants. Second, the lower the barriers to labor mobility, the stronger the link between remittances and economic cycles in that corridor. And third, as remittances proved to be relatively resilient in comparison to private capital flows, many remittance-dependent countries became even more dependent on remittance inflows for meeting external financing needs. There are several reasons for migration and remittances to be relatively resilient to the crisis. First, remittances are sent by the stock (cumulative flows) of migrants, not only by the recent arrivals (in fact, recent arrivals often do not remit as regularly as they must establish themselves in their new homes). Second, contrary to expectations, return migration did not take place as expected even as the financial crisis reduced employment opportunities in the US and Europe. Third, in addition to the persistence of migrant stocks that lent persistence to remittance flows, existing migrants often absorbed income shocks and continued to send money home. Fourth, if some migrants did return or had the intention to return, they tended to take their savings back to their country of origin. Finally, exchange rate movements during the crisis caused unexpected changes in remittance behavior: as local currencies of many remittance recipient countries depreciated sharply against the US dollar, they produced a “sale” effect on remittance behavior of migrants in the US and other destination countries.
Book Synopsis Handbook on the International Political Economy of Gender by : Juanita Elias
Download or read book Handbook on the International Political Economy of Gender written by Juanita Elias and published by Edward Elgar Publishing. This book was released on 2018-02-23 with total page 533 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Handbook brings together leading interdisciplinary scholarship on the gendered nature of the international political economy. Spanning a wide range of theoretical traditions and empirical foci, it explores the multifaceted ways in which gender relations constitute and are shaped by global politico-economic processes. It further interrogates the gendered ideologies and discourses that underpin everyday practices from the local to the global. The chapters in this collection identify, analyse, critique and challenge gender-based inequalities, whilst also highlighting the intersectional nature of gendered oppressions in the contemporary world order.
Book Synopsis Global Migration Beyond Limits by : Franklin Obeng-Odoom
Download or read book Global Migration Beyond Limits written by Franklin Obeng-Odoom and published by Oxford University Press. This book was released on 2021-12-09 with total page 321 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Global Migration beyond Limits carefully considers but ultimately rejects the idea that migration is driven by the choices of individual migrants, and instead starts from the idea that institutions shape all forms, forces, and functions of migration. Of these institutions, however, land is central, whether in internal migration, international migration, or global migration. Historically or currently, the evidence also clearly shows that migration and migrants transform both the sites where migrants are resident and the places from which migrants travelled. The change is more transformational than previous accounts have established, sometimes involving turning around dead cities and towns into vibrant local economies and reconstructing food networks for entire regions and nations. This book also raises serious analytical questions about three bodies of literature: mainstream economic accounts of migration, environment, and inequality; mainstream sustainability science and alternatives to it (e.g. ecological economics); and conservative and nativist claims about population problems and alternatives to them centred only on the freedom that a borderless world could create. Obeng-Odoom argues that much of the crisis of migration and sustainability can be understood as a reflection of global long-term inequalities and cumulative stratification, reflected at different scales in the global system, though the form of migration is conditioned by more than economic forces. The so-called migration crisis, therefore, seems quite routine and familiar. It is an outward expression of the political-economic system in which socially created value is privately appropriated as rents by a privileged few who use institutions such land and property rights, race, ethnicity, class, and gender to keep others in their place in the global economic and stratification ladder"--
Book Synopsis The Macroeconomics of Remittances: the Case of Tajikistan by : Alexei Kireyev
Download or read book The Macroeconomics of Remittances: the Case of Tajikistan written by Alexei Kireyev and published by INTERNATIONAL MONETARY FUND. This book was released on 2006-01-01 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt: The paper seeks to assess the macroeconomic implications of large-scale inward remittances for a small open economy. By including remittances in several standard models, the paper concludes that the overall macroeconomic impact of remittances is likely to be ambiguous. The impact depends on the structural characteristics of the receiving country, in particular its consumption and investment patterns, and its capacity to manage large financial inflows. As data deficiencies and methodological problems associated with remittances preclude crosscountry empirical investigation, the paper illustrates these findings with data on Tajikistan, where remittances as a share of GDP are among the highest in the world. The paper also evaluates the pros and cons of remittances in a broader political economy context.
Book Synopsis International Remittance Payments and the Global Economy by : Bharati Basu
Download or read book International Remittance Payments and the Global Economy written by Bharati Basu and published by Routledge. This book was released on 2014-08-07 with total page 291 pages. Available in PDF, EPUB and Kindle. Book excerpt: International Remittance Payments are described mainly as money sent by immigrants to their families and friends in their home countries. These payments provide an important source of income that is mostly used to provide for a variety of basic needs of the non-migrating members of immigrant families and thus remittance payments can be considered as a tool to reduce the poverty level of the labor sending countries. However, remittances are also used for asset accumulation by some families and for some countries they constitute a good part of foreign funds coming into the country. In-spite of their increasing volume over the last few decades, a lot of things about remittances are not known and studies estimate that about half of these money transfers are not even recorded. Since these payments are shown to reduce poverty and help economic progress in the remittance receiving countries, a better knowledge about remittances would help the debates surrounding immigration, remittances and their relation to the global economy. This book provides an overview of remittances in different parts of the world over the last thirty years. It looks at the labor sending and labor receiving countries separately. The text examines the trends, uses, motivations behind sending remittances, cost of sending them and how they are affected by the nature and the development level of different institutional factors. The remittance flows are growing over time and they are used mostly for reducing the uncertainty of life in the less developed parts of the world. However, motivation for sending remittances could be improved and thus remittances could be more conducive to economic development if 1) the relation between the remittance decision and the migration decision is better understood and 2) the costs of international money transfers are reduced. More studies about those issues would benefit the international community. Efforts should be made in all fronts to encourage such international flow of funds not only to have a redistribution of income all over the world, but also to synchronize the efforts towards global economic development and a better integration of the world economy. This book is aimed researchers, policy practitioners and post graduates studying International Economics or International Economic Relations or Political Science or Economic Development.
