Time: 2/24/2007, 2-5pm
Place: UTC 3.102
Speaker: Almond Meng (蒙志成), Department of Government
Host: Cheng-Fu Chen
Help Hindering? The Political Economy of Migrant Remittances Flows to Developing Democracies
This paper proposes to investigate the relative agenda-the impacts of migrant remittances on recipient countries’ politics and economic development. In practice, the study of the impact of remittances has never been more important than it is today. Migrant remittances are the crucial issues that accompany the mobility of migrant labors to many labor-outflow countries. According to the United Nations’ (2002) statistics, migrant remittances in developing countries have played the second-largest source of capital inflows, just behind the FDI. Moreover, a lack of research on migrant remittances has created the theoretical gap. Although migrant remittance is recognized by international financial institutions (IFIs), such as World Bank and IMF, and many development scholars, most of their revealed optimistic perspectives to development are unfounded. The key problem with current research on remittances is that researchers rarely pay attention to the impact that remittances have on politics. Within contemporary theoretical perspective, little study conveys how the substantial remittances affect recipient countries’ democratic ruling and constituents’ political attitudes as well. There is no study working on investigating how the regional or international political economy influence recipient countries’ governance and citizen’s ideas toward democracy through the inflows of remittances.
The objective of the paper is four-fold: to examine whether more inflows of remittances reduce citizens’ willingness of voicing dissent through political channels; to investigate whether more inflows of remittances result in defection of recipient governments’ accountability; to explore whether more inflows of remittances assimilate the citizens’ ideas towards democracy to the emigrant destination countries; and to analyze whether and how more inflows of remittances along with relative actors’ expectation retard the other external capital inflows thereby influencing recipient countries’ macroeconomic and socioeconomic development.
The time-series cross-sectional (TSCS) analysis of global data, vector autoregression (VAR) and spatial econometrics estimation will be conducted to test a series of hypotheses related to the paper’s objectives across 153 developing countries over 1980 to 2003. The results will provide insight into the real-world effects correlated to the dramatic increases of remittances within developing countries during the era of globalization.
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