• Corpus ID: 166812305

Remittances and economic development in Somalia : an overview

@inproceedings{Maimbo2006RemittancesAE,
  title={Remittances and economic development in Somalia : an overview},
  author={Munzele Maimbo and Samuel},
  year={2006}
}
This collection of papers examines the role and impact of Somalia's remittance system. After an introduction, Chapter II examines how a dynamic private sector, powered by remittances from abroad, has managed to thrive in a country that is a failed state and among the poorest in the world. Adapting well and even flourishing in a stateless conflict ridden economy, private sector activities have emerged in trade, money transfer services, transport and telecommunications. At the household level… 

Figures and Tables from this paper

Remittances in Fragile Settings: a Somali Case Study
Literature on conflict has largely overlooked migrants’ remittances, and literature on migrant’s remittances has largely avoided conflict settings. Using a micro-level approach, this paper explores
Remittances , Institutional Innovations and Economic Development : Evidence from Malaysia
Institutional quality and remittances have separated emerging as the main fundamental determinants of economic performance in recent literature (Catrinescu et al., 2009). They provide empirical
Keeping the Lifeline Open: Remittances and markets in Somalia
Each year, Somali migrants around the world send approximately $1.3bn to Somalia in an expression of solidarity, faith, patriotism, and generosity. These flows represent a significant share of
Contribution of Remit Economy on Poverty Reduction in Nepal
The contribution of remit economy and Poverty reduction in Nepal has analysis in this paper and how remittance income is contributing poverty reduction for employment generation. It is considered as
Remittance Behaviour of Forced Migrants in Post-Apartheid South Africa
ABSTRACT This paper looks at the determinants of South-South remittances. An original dataset of African migrants living in Johannesburg is used. As South Africa attracts both economic and forced
Diaspora-Driven Development in Stateless Somalia: All Relationships are Local Relationships
In the wake of state collapse, Somali society today has become decidedly globalized, leaning heavily on capital from its widely-dispersed diaspora funneled in through the conduits of an informal
Economic Informality and the Venture Funding Impact of Migrant Remittances to Developing Countries
In developing countries, weak institutional capacity to observe and regulate the economy discourages foreign capital inflows vital to venture investment. This informality effect may differ for
Zimbabwe's Saving Grace: The Role of Remittances in Household Livelihood Strategies in Glen Norah, Harare
ABSTRACT The political and socio-economic challenges over the past ten years, broadly referred to as the ‘Zimbabwe crisis’, have witnessed the flight of millions of Zimbabweans to save themselves and
Remittances Sent To and From the Forcibly Displaced
Abstract This paper reviews the literature on remittances in the context of forced displacement. The evidence suggests that remittances are often affected, and affected more strongly, by factors in
...
...

References

SHOWING 1-10 OF 46 REFERENCES
Remittances and their economic impact in post-war Somaliland.
TLDR
Contrary to the prevailing view that remittances are mainly used for consumption and unproductive investments such as housing and land, this study suggests that in Somaliland they have contributed to the rapid growth of a vibrant private sector.
International Migration, Remittances, and Poverty in Developing Countries
Few studies have examined the impact of international migration and remittances on poverty in a broad cross-section of developing countries. The authors try to fill this gap by constructing a new
“Family and Collective Remittances to Mexico: A Multi-Dimensional Typology of Remittances”
The development potential of remittances has resurfaced as a topic of analysis, based in part on dramatic increases in migration and amounts of money ‘sent home’, and partly in the growing interest
A theory of remittances as an implicit family loan arrangement
Determinants of Savings, Remittances, and Spending Patterns among U.S. Migrants in Four Mexican Communities
In this paper we attempt to overcome several weaknesses of earlier field studies of the effect of international migration on sending communities. In general, these studies fail to employ
The migration-development nexus: Somalia case study.
The humanitarian disaster in 1992 made the Somalis known throughout the world. The first image that appeared in the Western part of the world was the broadcast of the famine caused by the civil war.
Transatlantic Roundtable on High–skilled Migration and Sending Countries Issues
Globalization and the advent of the knowledge economy have created a new context where there is a greater demand for the highly skilled, especially in the information technology (IT) industry.
Trends in Latin American skilled migration: "brain drain" or "brain exchange"?
During the last half of the 20th century the Latin American sub-continent historically a region of immigration became one of emigration characterized by intra-regional movements and movements towards
Network Approach versus Brain Drain: Lessons from the Diaspora
For the past two decades, network approaches have led to many conceptual and empirical developments in the studies of international migration as well as of technological innovation. However,
...
...