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Financial Crisis and Remittances from Denmark to Turkey

Journal article published in 2012 by Pinar Yazgan, Ibrahim Sirkeci
This paper is available in a repository.
This paper is available in a repository.

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Preprint: policy unknown
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Postprint: policy unknown
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Published version: policy unknown

Abstract

In this short case study, we look at a relatively understudied international migration stream, migration from Turkey to Denmark, with a focus on remittance-sending behavior. Our analysis draws on recent fieldwork carried out in Denmark in between 2008 and 2011, thus covering the most recent global financial crisis. Such economic crises are expected to have an adverse effect on the volume of remittance flows. We have examined this effect in the case of Danish Turks, who represent the largest group among Muslim immigrants in Denmark. Our analysis shows that the Turkish immigrants to Denmark over several decades have developed a transnational space based on frequent visits home and have maintained ties with the hometowns and villages in the country of origin, Turkey. We therefore believe that such a transnational space plays a role in the continuation of remitting practices across generations of Turkish immigrants in Denmark and partly explains the resiliency of remitting behavior to the financial crisis. We have limited our analysis to the survey data and qualitative material we collected during the fieldwork. Nevertheless, our study also presents overall statistics about the Turkish immigrant population in Denmark.