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Global Migration Governance$
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Alexander Betts

Print publication date: 2011

Print ISBN-13: 9780199600458

Published to Oxford Scholarship Online: January 2011

DOI: 10.1093/acprof:oso/9780199600458.001.0001

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Remittances

Remittances

Chapter:
(p.242) 10 Remittances
Source:
Global Migration Governance
Author(s):

Anna Lindley

Publisher:
Oxford University Press
DOI:10.1093/acprof:oso/9780199600458.003.0011

While the recent debates on global migration governance have mainly focused on the regulation of the movement of people, this movement is often followed by the movement of migrants' money and resources back to their country of origin. Global financial flows, including migrants' remittances, are the subject of complex and changing global, regional, and national-level financial regulation, aimed at preventing criminal and terrorist use of the global financial system. At the same time, migrants' remittances are also increasingly the subject of analysis and action by development actors seeking to mediate these flows in ways that are intended to accomplish particular socio-economic development goals. The global governance of remittances is driven by both crime and security concerns and socio-economic development and humanitarian concerns, and although these agendas are in some respects entangled with each other, in other respects they are highly conflicting. This chapter explores the institutions, politics, and normative case for the global governance of remittances.

Keywords:   remittances, security, terrorism, development, livelihoods, migration, conflict

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