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Immigrant Remittances

62 Pages Posted: 19 Mar 2008 Last revised: 2 Dec 2008

Ezra Rosser

American University - Washington College of Law

Multiple version iconThere are 2 versions of this paper

Date Written: November 2008

Abstract

Remittances, the sending of money from immigrants back to their home countries, are the newest anti-poverty, development activity of the poor to be applauded by international institutions and economists. Exceeding foreign aid and private investment to many developing countries, remittances are being hailed as a new, untapped resource with powerful poverty alleviation and potential development attributes. After presenting the poverty, developmental, and economic characteristics of this new transnational connection between immigrants and their loved ones, as well as the dangerous effects of excessive remittance regulation, this Article argues that remittances should be understood as an anti-poverty tool, but not as a route to development.

Keywords: Remittances, Latin America, Development, Poverty, Law and Development, Microcredit, Land-titling

Suggested Citation

Rosser, Ezra, Immigrant Remittances (November 2008). Connecticut Law Review, Vol. 41, No. 1, November 2008; American University, WCL Research Paper No. 08-40. Available at SSRN: https://ssrn.com/abstract=1107485

Ezra Rosser (Contact Author)

American University - Washington College of Law ( email )

4300 Nebraska Avenue, NW
Washington, DC 20016
United States

HOME PAGE: http://www.wcl.american.edu/faculty/

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