Remittances Flashcards
Who presents a definition of remittances?
Young 2011
What is their definition?
“Household income received from abroad, resulting mainly from the international migration of workers”
How many remit globally in 2017 world bank figure
250 million
What do the world bank figures suggest that the total value remitted was?
613 billion in 2017
What was the difference between the value remitted in 2017, and the value in foreign aid?
613 billion remitted, 146 billion in foreign aid from official donors
How have remittances been understood in geography?
As economic and as emotional
What do you suggest about the link between migration and development?
The scale of remittances means that any threat to remittances is a threat to the extent to which remittances can be understood as supporting development.
Structure
1) Why do people remit
2) Why is it important for development
3) Threats to them, and so threat to the relationship between migration and development
What is the key case study for derisking?
Somalia
Who are the two key providers of transfer?
Western Union and Money Gram
Who identifies remittance scripts?
Carling 2014
Using Carling 2014, what are the social/emotional scripts of remitting?
Obligation and blackmail
What other social reasons may someone remit?
Duty and status
Using Carling 2014, what are the economic scripts of remitting?
direct compensation for, for example building a house, and authorisation where the money is given to be spent in a particular way, but these are still dictated by obligation
What are three more reasons for economically remitting?
Purchasing power differentials
Debt repayments in order to migrate
Pensions upon return
Why is remitting important for those receiving it?
It can substitute state-based welfare
Who has the senegalese in spain fact?
Yang 2011
What does Yang 2011 say about the senegalese in spain?
They remittances as much as 50% of their income home
Who critiques the sustainable development goals?
Martínez-Alier et al (2010)
Which sustainable development goal can remitting work towards and why?
SDG 13 - climate action, as it cane bale to adoption of more sustainable crops and activities, more efficient use of water and storm prevention
What is a critique of the importance of remitting for development?
They do not necessarily do much to change the development paradigm, as their reliance on differences in purchasing power is reliant on there being large scale inequalities between north and south.
What is the average remitting in Zambia?
12.5%