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  • Outsourcing Welfare: How the Money Immigrants Send Home Contributes to Stability in Developing Countries

    Outsourcing Welfare by Germano, Roy;

    How the Money Immigrants Send Home Contributes to Stability in Developing Countries

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    A termék adatai:

    • Kiadó OUP USA
    • Megjelenés dátuma 2018. május 10.

    • ISBN 9780190862848
    • Kötéstípus Keménykötés
    • Terjedelem240 oldal
    • Méret 157x239x22 mm
    • Súly 431 g
    • Nyelv angol
    • 0

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    Rövid leírás:

    In order to meet the International Monetary Fund's debt-reduction guidelines, many developing country governments have had to retrenth their social welfare systems. This book is about how remittances--the hundreds of billions of dollars international migrants send to family members in their home countries each year--are helping to fill this welfare gap and prevent civil unrest in developing countries. Looking particularly at Mexico, with supplemental cases in Africa, the Middle East, the Caribbean, and Latin America, the author argues that counting on expatriates to send money home has become a de facto social welfare policy in many cash-strapped developing countries whose economic policies are guided by neoliberal orthodoxy.

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    Hosszú leírás:

    Rising food prices, climate change, and the ravages of global capitalism have made the poor increasingly vulnerable to economic crises. At the same time, the governments of many developing countries have adopted austerity measures that leave their citizens without a safety net in times of need. This combination poses a potent threat to social and political stability throughout the developing world. How do the poor cope with economic crises when their governments fail to guarantee social welfare? How do societies keep from fracturing under the weight of economic grievances and civil unrest?

    Outsourcing Welfare argues that the answers to these questions lie with remittances, the hundreds of billions of dollars that international migrants send to their home countries. Remittances are a leading source of income in dozens of developing economies and a critical lifeline that millions of families use to pay for food, healthcare, clothing, and other basics. In the absence of adequate government social protections, remittances insulate poor families from the full pain of economic crises, and in doing so, reduce the severity of grievances that fuel populist anger, civil unrest, and political instability.

    Through stories from his fieldwork in Mexico and Central America and analyses of data from Africa, Latin America, the Caribbean, and the Middle East, Roy Germano shows how remittances buffer economic shocks, contribute to economic optimism, and dampen the threat of popular discontent during economic crises. Germano argues that remittances perform a social, economic, and political function that is strikingly similar to social spending, and that counting on people to migrate and send money home has become a de facto social welfare policy in many developing countries.

    This illuminating book addresses an important but often overlooked consequence of international migration: remittances sent by immigrants to relatives in their countries of origin.

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    Tartalomjegyzék:

    Table of Contents
    Acknowledgements
    Chapter 1: Remittances and the Politics of Austerity
    Chapter 2: Outsourcing Social Welfare: How Migrants Replaced the State during Mexico's Market Transition
    Chapter 3: How Remittances Prevent Social Unrest: Evidence from the Mexican Countryside
    Chapter 4: Optimism in Times of Crisis: Remittances and Economic Security in Africa, the Caribbean, Latin America, and the Middle East
    Chapter 5: They Came Banging Pots and Pans: Remittances and Government Approval in Sub-Saharan Africa during the Food Crisis
    Chapter 6: No Left Turn: Remittances and Incumbent Support in Mexico's Closely-Contested 2006 Presidential Election
    Chapter 7: Conclusion
    Methodological Appendix
    Statistical Appendix
    Notes
    Bibliography
    Index

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