This conceptual note explores remittances—money sent by immigrants to their families living in their native countries. The note begins by defining remittances and then outlines the typical methods for sending them. The overall size and scope of global remittances is highlighted, followed by descriptions of what types of political and economic factors can affect them. Both the positive and negative effects of remittances are presented, along with a profile of Somalia—a country whose poverty-stricken population counts on remittances to survive. The note concludes with observations about the future of remittances.
Note on Remittances
by: John Branch, Steven Kardel
Publication Date: October 4, 2018
Length: 12 pages
Product ID#: 3-737-377
Core Disciplines: International Business, Social Impact, Strategy & Management
Partner Collection:
Available Documents
Click on any button below to view the available document.
Don't see the document you need?
Don't See the Document You Need?
Make sure you are registered and/or logged in to our site to view product documents. Once registered & approved, faculty, staff, & course aggregators will have access to full inspection copies and teaching notes for any of our materials.
Make sure you are registered and/or logged in to our site to view product documents. Once registered & approved, faculty, staff, & course aggregators will have access to full inspection copies and teaching notes for any of our materials.
$3.95
Need to make copies?
If you need to make copies, you MUST purchase the corresponding number of permissions, and you must own a single copy of the product.
Electronic Downloads are available immediately after purchase. "Quantity" reflects the number of copies you intend to use. Unauthorized distribution of these files is prohibited pursuant to term of use of this website.
Teaching Note
This product does not have a teaching note.
Description
Teaching Objectives
After reading and discussing the material, students should:
- Define remittances and describe the three most common methods for sending them.
- Name the top two remittance-receiving countries in 2017, and explain why.
- Discuss why remittances are such a high percentage of GDP in Kyrgyzstan and Haiti.
- Identify the reasons why some people think remittances do not help lower-income countries.
- Analyze the effects remittances have had in Somalia over the past two decades.
- Identify how economic outcomes from migrant remittances could be improved.