The trade, migration, and development nexus

Philip L. Martin

Proceedings, 2006, 11-34

Abstract: This paper deals with migrants' role in stimulating development in their countries of origin, outlining the three major channels through which migration can affect development: recruitment, remittances, and returns. It next turns to the North American Free Trade Agreement (NAFTA), assessing the relevance of the Mexico-United States migration hump for migration, trade, and development elsewhere. The paper concludes that migrants can accelerate development in their countries of origin but finds nothing mechanical or automatic about the migration and development linkage. Countries growing and ready to grow can benefit from migration's three R's: recruitment, remittances, and returns. But in other cases, migration's three R's can prevent an economic takeoff. Thus, the answer to the question of whether migration accelerates development is simple: It depends.

Keywords: Emigration and immigration; International trade; Economic development; Developing countries; Emigrant remittances (search for similar items in EconPapers)
Date: 2006
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://www.dallasfed.org/-/media/Documents/research/pubs/migration/martin.pdf Full Text (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:fip:feddpr:y:2006:p:11-34

Ordering information: This journal article can be ordered from

Access Statistics for this article

More articles in Proceedings from Federal Reserve Bank of Dallas Contact information at EDIRC.
Bibliographic data for series maintained by Amy Chapman ().