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Financing the Family "Remittances to Central America in a Time of Crisis"

Financing the Family "Remittances to Central America in a Time of Crisis"

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  • ISBN:9781137338396
  • Editorial: Palgrave
  • Fecha de la edición:
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  • Nº Pág.:224
  • Idiomas:Ingles

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Interest in learning how to make the most of the potential developmental benefits of remittance flows has grown worldwide, but few attempts have been made to summarize existing knowledge in a way that is easy to digest. Financing the Family adds to that body of knowledge with a summary of recent research that emphasizes experimental approaches, focuses on Central America, and analyzes the impact of the recent financial crisis. It finds that remittances generate many benefits for both migrants and their families back home, but the long-term effects of migration on social cohesion and child welfare demands further study. The book also explores how to enhance the development impact of remittances through innovative financial instruments that give migrants greater control over the money they send home. Finally, the book exposes the vulnerability of Central American countries to a weaker U.S. economy. It demonstrates how focusing on the sectors and states where migrants are concentrated can allow for better policy responses in the face of economic downturns

1. Introduction; Gabriela Inchauste and Ernesto Stein 2. Migration, Remittances, and Economic Development: A Literature Review; Dean Yang 3. Enhancing the Impact of Remittances on Development: New Evidence from Experiments among Migrants from El Salvador; Dean Yang 4. US Migrant Employment and Remittances to Central America: A Cointegration Approach; Gabriela Inchauste, Cesar Liendo and Ernesto Stein 5. Remittances and Poverty in the Context of Economic Crisis: Honduras and El Salvador; Viviane Azevedo, Cesar P. Bouillon, and Marcos Robles 6. Trends in Economic Outcomes for Salvadoran Migrants and Their Remittance Recipients during the US Economic Crisis: Insights from the El Salvador Survey of Migrant Families; Diego Aycinena, Sebastian Calonico, Gabriela Inchauste, Claudia Martinez and Dean Yang

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