Introduction: Remittance Flows and Practices during the Crisis

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Immigrants tend to be more negatively affected by economic crisis than natives, particularly when governments apply strict immigration controls. With the onset of the financial crisis in the latter half of 2008, there were widespread concerns: would migrants return to sending countries and communities in large numbers, adding further economic woes to countries already facing difficulties? Would remittance flows slow and potentially cease? The literature offers little guidance on these questions. It is always a challenge to collect data, analyze, interpret, and make recommendations as the phenomenon under study is still unfolding to reveal new turns and twists. The most recent financial crisis and its repercussions are yet to be completed, and scholars have only begun processing the event. This volume is an effort to bring together in one place fresh thinking and evidence from around the world on the outcomes of mobility in the context of global financial crisis. Crises are a part and parcel of the global economic system. In the crisis-affected developed countries, migrants were challenged in their new homes as jobs began to disappear. Also there was a rapid growth in anti-immigrant sentiment and rhetoric: where they formerly were often left alone, they now faced discrimination and intimidation and perhaps jail and deportation. In fact, it became easier to scapegoat immigrants during crises. Although the latest crisis originated in the United States and around financial systems in high-income countries, it has had an important and in some places catastrophic impact on developing nations and migrants. Like political or environmental catastrophes , the global financial crisis contributed to an environment of human insecurity,