Abstract
International migration and the economic activities that immigrants engage in with their home countries are becoming a significant feature of globalization. Cross-border human mobility is a result of transnational, economic, environmental, and political trends. This migration in turn generates a marketplace for activities between migrants and their homelands. These activities include services, capital investment, charitable donations, and family remittances, the last of which is a partial transfer of immigrant income sent to relatives in their home country. More than 70% of migrants send money to their families as part of an obligation to look after them.
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© 2012 Manuel Orozco
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Orozco, M. (2012). Remittances and Social Development: The Latin American Experience. In: Nilsson, M., Gustafsson, J. (eds) Latin American Responses to Globalization in the 21st Century. International Political Economy Series. Palgrave Macmillan, London. https://doi.org/10.1057/9781137003126_4
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DOI: https://doi.org/10.1057/9781137003126_4
Publisher Name: Palgrave Macmillan, London
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