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Maharaja Agrasen Institute Of Management Studies
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This paper explores the cross-cutting issues surrounding remittances and leveraging or mobilizing... more This paper explores the cross-cutting issues surrounding remittances and leveraging or mobilizing the Diaspora, as potential partners and catalysts of national development. It highlights trends in remittance flow and behavior of remitters and the arguments for channeling remittances for development, economic stability and to reduce poverty. It also addresses the drawbacks and pitfalls in relying on or even interfering with these private funds and personal freedoms to use earnings in the way migrants’ desire. The writers further explore the ethical, social, legal and economic arguments for regulating or interfering with remittance flow, volume and cause, for the purpose of development in two-sense: (i) personal development and strengthening family budget; and / or (ii) Investment and national economic development. This is followed by a discussion on the policies and operational measures, such as incentive schemes, mechanisms, legal, regulatory and institutional reforms, which can be ...
This paper explores the cross-cutting issues surrounding remittances and leveraging or mobilizing... more This paper explores the cross-cutting issues surrounding remittances and leveraging or mobilizing the Diaspora, as potential partners and catalysts of national development. It highlights trends in remittance flow and behavior of remitters and the arguments for channeling remittances for development, economic stability and to reduce poverty. It also addresses the drawbacks and pitfalls in relying on or even interfering with these private funds and personal freedoms to use earnings in the way migrants’ desire. The writers further explore the ethical, social, legal and economic arguments for regulating or interfering with remittance flow, volume and cause, for the purpose of development in two-sense: (i) personal development and strengthening family budget; and / or (ii) Investment and national economic development. This is followed by a discussion on the policies and operational measures, such as incentive schemes, mechanisms, legal, regulatory and institutional reforms, which can be ...