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The Moral Economy of Peru’s Migrant Remittances
Publication Year: 2015
Karsten Paerregaard challenges unqualified approval of remittances as beneficial resources of development for home communities and important income for home countries. He finds a more complex situation in which remittances can also create dependency and deprivation.
Published by: University of California Press
Title Page, Copyright Page
List of Tables and Figures
Migration has been the topic of my research for many years. In two previous books, I explored how Peruvians migrate internally in Peru and internationally to other countries. The aim of this book is to examine how Peruvian migrants living in...
1. The Social Life of Remittances
This book is about money: big money, more money than you can count or than Bill Gates will ever make. It is what Donald Terry has called “the case of the missing billions” (2005): the remittances that international migrants send home every year. In 2013, the world’s 232 million...
2. Peru: Migration and Remittances
To understand the remittance practices of Peruvians requires that we know who the migrants are, where they migrate, why they migrate, and how they migrate. This chapter seeks answers to these questions by analyzing the available information on Peruvian migration...
3. Compromiso: The Family Commitment
The bulk of the remittances circulating in the contemporary world consist of money sent by migrants to close relatives in their countries of origin. Peruvian migrants often describe such remittances as compromiso, a reference to the commitment they make to support...
4. Voluntad: The Community Commitment
In the previous chapter, I discussed the importance of the remittances that migrants send to their families in Peru. In this chapter, I follow the remittances that migrants send home to their communities, which are known as acts of voluntad. Many Peruvians...
5. Superación: The Personal Commitment
As demonstrated in the two previous chapters, many migrants send large amounts of money to their relatives during their first years abroad, and some continue to donate and sponsor activities in their home regions for the rest of their lives. However, migrants also spend...
6. After Remittances
For centuries, people have remitted money to relatives in other parts of the world. A century ago, the British aristocracy sent money to support their sons who were living in North America, Australia, and elsewhere. Today, millions of labor migrants remit their savings...
Page Count: 336
Publication Year: 2015
OCLC Number: 898475072
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