Thursday, September 12, 2013Tweet
[IWS] IADB: FINANCING THE FAMILY: REMITTANCES TO CENTRAL AMERICA IN A TIME OF CRISIS [9 September 2013]
IWS Documented News Service
Institute for Workplace Studies----------------- Professor Samuel B. Bacharach
School of Industrial & Labor Relations-------- Director, Institute for Workplace Studies
16 East 34th Street, 4th floor---------------------- Stuart Basefsky
New York, NY 10016 -------------------------------Director, IWS News Bureau
Inter-American Development Bank (IADb)
FINANCING THE FAMILY: REMITTANCES TO CENTRAL AMERICA IN A TIME OF CRISIS [9 September 2013]
see related article FINANCING THE FAMILY at http://idbdocs.iadb.org/wsdocs/getdocument.aspx?docnum=37114622
Interest in learning how to make the most of the developmental benefits of remittance flows has grown worldwide, but few attempts have been made to summarize existing knowledge in a way that is easy to digest. Financing the Family adds to that body of knowledge with a summary of recent research that emphasizes experimental approaches, focuses on Central America, and analyzes the impact of the recent financial crisis. It finds that while remittances generate many benefits for both migrants and their families back home, the long-term effects of migration on social cohesion and child welfare demands further study.
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