Introducing the Remittances-to-Development Agenda
Matt Bakker
Chapter from the book: Bakker, M. 2015. Migrating into Financial Markets: How Remittances Became a Development Tool.
Chapter from the book: Bakker, M. 2015. Migrating into Financial Markets: How Remittances Became a Development Tool.
This chapter describes an emerging consensus around the view that remittances constituted a promising development tool and around a preferred set of market-based policy solutions that promise to spur development by incorporating migrants and their monies into global financial markets. This forms the basis of the remittances-to-development agenda. To put the emergence of this agenda in broader context, the chapter discusses two prominent features of the contemporary political-economic terrain: (1) the state-led transnationalism efforts of migrant-sending states; and (2) the continuing dominance of market fundamentalism in the realm of international development discourse and practice.
Bakker, M. 2015. Introducing the Remittances-to-Development Agenda. In: Bakker, M, Migrating into Financial Markets. California: University of California Press. DOI: https://doi.org/10.1525/luminos.5.a
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Published on Sept. 30, 2015