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International MigrationProspects and Policies in a Global Market$
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Douglas S. Massey and J. Edward Taylor

Print publication date: 2004

Print ISBN-13: 9780199269006

Published to Oxford Scholarship Online: August 2004

DOI: 10.1093/0199269009.001.0001

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Remittances, Savings, and Development in Migrant-Sending Areas

Remittances, Savings, and Development in Migrant-Sending Areas

Chapter:
(p.157) 9 Remittances, Savings, and Development in Migrant-Sending Areas
Source:
International Migration
Author(s):

J. Edward Taylor

Publisher:
Oxford University Press
DOI:10.1093/0199269009.003.0009

Explores three sets of potential impacts of international migrant remittances and savings on the economies of migrant‐sending areas. It then presents a case study that illustrates the diverse impacts of remittances and savings at a major international migration staging ground in Mexico. Remittances contribute to income both directly and indirectly. Economic linkages transmit remittance impacts to other households, including ones that may not send migrants abroad. These direct and indirect income effects of remittances have profound influences on production, incomes, inequality, and poverty.

Keywords:   economic development, inequality, international migration, Mexico, remittances

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