International trends / Working Paper
Remittances, states and development
14/11/2008 By Laura Tedesco
This Working Paper, by Laura Tedesco, is a continuation of previous studies by the same author, published by FRIDE, on state formation in the developing world. These studies analyse the political and economic resources that states may use to build institutions.
In the same vein, a previous study on foreign investment analysed the role of such investment in the building of state institutions throughout the dynamic period of state reform in the 1990s.
Recently, the increase in remittances has fed expectations as to the impact these remittances could have on economic development in the states receiving them. This Working Paper is designed to study the growth of remittances, their impact on the economy of the receiving countries and the debate surrounding the role of remittances in processes of development.
The aim of this study is to analyse the extent to which remittances can be considered vehicles of national or local development, or whether they should be analysed as private funds capable of generating limited economic growth as a consequence of a spin-off effect.
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Keywords
Civil society Democracy DevelopmentBio author: Laura Tedesco
PhD from Warwick University. She is now Visiting Professor at the Department of Political Science Department of the University Autónoma of Madrid.
