Family Remittances: Contributions to Central America from Those Who Had to Leave

In the year that marks the bicentennial of Central America's independence, just over one in ten people who were born in the region live outside of it. This article analyzes recent migration and discusses the question: what are the most important contributions of these transfers in Central Ameri...

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Detalles Bibliográficos
Autor: Gatica López, Gustavo Adolfo
Tipo de recurso: artículo
Estado:Versión publicada
Fecha de publicación:2022
País:Costa Rica
Institución:Universidad Estatal a Distancia
Repositorio:Portal de Revistas UNED
Idioma:español
OAI Identifier:oai:revistas.investiga.uned.ac.cr:article/4343
Acceso en línea:https://revistas.uned.ac.cr/index.php/rupturas/article/view/4343
Access Level:acceso abierto
Palabra clave:Migration
family remittances
migratory economy
Central America
migracion
remesas
familiares
economía migratoria
Centroamérica
Descripción
Sumario:In the year that marks the bicentennial of Central America's independence, just over one in ten people who were born in the region live outside of it. This article analyzes recent migration and discusses the question: what are the most important contributions of these transfers in Central America? In particular, two aspects stand out: first, remittances become a kind of privatized social policy. Second, they make a contribution to fiscal revenues in the recipient countries. With the exception of Costa Rica, family remittances dwarf the revenues coming in through Foreign Direct Investment despite the various incentives provided to national and transnational entrepreneurs.