The new economics of labour migration and the role of remittances in the migration process.

  title={The new economics of labour migration and the role of remittances in the migration process.},
  author={J. Edward Taylor},
  journal={International migration},
  volume={37 1},
This analysis considers international migration remittances and their impact on development in migrant-sending areas. The new economics of labor migration (NELM) posit that remittances lessen production and market constraints faced by households in poor developing countries. The article states that remittances may be a positive factor in economic development, which should be nurtured by economic policies. The impact of remittances and migration on development varies across locales and is… CONTINUE READING
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