The Role of Entrepreneurs in Facilitating Remittances in Cuba
Stefanie Haeffele () and
Anne Lynn Hobson ()
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Stefanie Haeffele: George Mason University
Anne Lynn Hobson: George Mason University
Chapter Chapter 13 in Lessons on Foreign Aid and Economic Development, 2019, pp 275-293 from Springer
Abstract:
Abstract In times of crisis, aid can help those in need. However, given the complex and uncertain environment, aid provision faces epistemic and political limitations. Remittances are a major source of aid that can overcome these challenges because it is decentralized and adaptable. This chapter examines remittances between the US and Cuba since 1993 and finds that remittance senders, recipients, and aid providers act as entrepreneurs by leveraging local, context-specific knowledge and social connections to identify needs and invent new, creative ways to provide aid.
Date: 2019
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-030-22121-8_13
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DOI: 10.1007/978-3-030-22121-8_13
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