Remittances and Social Development: The Latin American Experience

Manuel Orozco

Chapter 13 in Financing Social Policy, 2009, pp 319-351 from Palgrave Macmillan

Abstract: Abstract Improving development through the financing of social policies has long focused on certain approaches in the public sector, such as taxation, social insurance programmes and social pension funds. Only recently has the role of private flows such as remittances become a part of this discussion. Policy makers have become aware that remittances, as transfers between individuals, contribute to development in a variety of ways, including increasing opportunities for consumption and providing a form of social assistance for families in the country of origin.

Keywords: Educational Attainment; Gross Domestic Product; Local Economy; Dominican Republic; Credit Union (search for similar items in EconPapers)
Date: 2009
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Persistent link: https://EconPapers.repec.org/RePEc:pal:sopchp:978-0-230-24433-7_13

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DOI: 10.1057/9780230244337_13

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