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Transnational Transfers and Global Development pp 29–55Cite as

Palgrave Macmillan

Collective Remittances as Non-State Transnational Transfers: Patterns of Transnationalism in Mexico and El Salvador

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Part of the book series: International Political Economy Series ((IPES))

Abstract

Latin America and the Caribbean (LAC) capture a sizable portion of worldwide remittances, receiving an estimated $58.9 billion in 2010 (Maldonado et al. 2011).1 Within LAC, Mexico receives the largest volume (over $21 billion in 2010), but remittances represent a much higher share of GDP in smaller, poorer countries such as Honduras, El Salvador, and Nicaragua (see Table 2.1).2 Besides constituting the region’s largest source of foreign exchange, exceeding both foreign direct investment and official aid, remittances have a major impact at the household level. Most studies find that they reduce poverty, increase savings and asset accumulation, and improve health and education in remittance-receiving households, particularly in rural areas (see, e.g., Chimhowu, Piesse, and Pinder 2005; Hagen-Zanker and Muñiz Castillo 2005; López Córdova 2004; Lozano Ascencio 2005; Orozco 2004a; Rodríxguez Ramírez 2005).

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Authors
  1. Katrina Burgess
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  2. Beatriz Tinajero
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Editor information

Editors and Affiliations

  1. Syracuse University, USA

    Stuart S. Brown (Professor of International Relations) (Professor of International Relations)

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© 2012 Katrina Burgess and Beatriz Tinajero

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Burgess, K., Tinajero, B. (2012). Collective Remittances as Non-State Transnational Transfers: Patterns of Transnationalism in Mexico and El Salvador. In: Brown, S.S. (eds) Transnational Transfers and Global Development. International Political Economy Series. Palgrave Macmillan, London. https://doi.org/10.1057/9780230357495_2

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