Politics, Business & Culture in the Americas

Endnotes: The Remittance Hole

1. Marcelo Suárez-Orozco, “Western Union World,” Harvard Business Review (Breakthrough Ideas for 2009): 12-13.

2. See Passel and Cohn 2008, http://pewhispanic.org/reports/report.php?ReportID=94 Likewise, the Council on Hemispheric Affairs reports, “Mexico City’s National Statistics, Geography and Information Institute recently reported that, from August 2007 to August 2008, the illegal and legal outflow of migrants has declined by over 50 percent, from 455,000 to 204,000.” See http://www.coha.org/2009/03/as-mexico’s-problems-mount-the-impact-of-the-economic-recession-on-migration-patterns-from-mexico/

3. Papademetriou, D. and A. Terrazas, “Immigrants and the Current Economic Crisis: Research Evidence, Policy Challenges, and Implications,” January 14, 2009, <www.migrationpolicy.org/> (accessed March 16, 2009).

4. International Organization for Migration, World Migration 2008: Managing Labor Mobility in the Evolving Global Economy, <www.iom.int/jahia/webdav/site/myjahiasite/shared/shared/mainsite/published_docs/studies_and…/WMR2008/Ch9_WMR08.pdf>

5. See Ratha, D., S. Mohapatra and Z. Xu, “Outlook for Remittance Flows 2008-2010.” World Bank Migration and Development Brief. November 11, 2008.

6. International Fund for Agricultural Development, Sending Money Home: Worldwide Remittance Flows to Developing and Transition Countries, <www.ifad.org/events/remittances/maps/brochure.pdf> (accessed March 16, 2009).

7. Suárez-Orozco, C., M. Suárez-Orozco and I. Todorova. Learning A New Land: Immigrant Students in American Society (Cambridge, MA: Harvard University Press, 2008).

8. The Council on Hemispheric Affairs reports “The Colegio de la Frontera Norte (COLEF) recently reported a 24.5 percent increase in Mexicans returning home from the United States in 2007. Whether or not such a trend is true for 2008 and 2009 is as of yet unknown. Nonetheless, if the economic recession and lack of employment opportunities in the U.S. compels Mexicans to further repatriate, the country would become increasingly vulnerable.” See http://www.coha.org/2009/03/as-mexico’s-problems-mount-the-impact-of-the-economic-recession-on-migration-patterns-from-mexico/ It is very doubtful that the majority of these returning Mexicans are permanent lawful immigrants in the U.S.

9. Papademetriou, D. and A. Terrazas, “Immigrants and the Current Economic Crisis: Research Evidence, Policy Challenges, and Implications,” January 14, 2009, <www.migrationpolicy.org/> (accessed March 16, 2009).

10. D. Massey, J. Durand, and N. Malone, Beyond Smoke and Mirrors: Mexican Immigration in an Era of Economic Integration. (New York: Russell Sage Foundation, 2002).

11. See Ratha, D., S. Mohapatra and Z. Xu, “Outlook for Remittance Flows 2008-2010.” World Bank Migration and Development Brief. November 11, 2008.

12. Ibid.

13. Ibid.

14. Ibid.

15. Council on Hemispheric Affairs, “As Mexico’s Problems Mount: The Impact of Economic Recession on Migration Patterns from Mexico,” Council on Hemispheric Affairs, March 5, 2009, <www.coha.org/2009/03/as-mexico’s-problems-mount-the-impact-of-the-economic-recession-on-migration-patterns-from-mexico/> (accessed March 16, 2009).

 

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