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  • Introducing the Remittances-to-Development Agenda

    Matt Bakker

    Chapter from the book: Bakker, M. 2015. Migrating into Financial Markets: How Remittances Became a Development Tool.


    This chapter describes an emerging consensus around the view that remittances constituted a promising development tool and around a preferred set of market-based policy solutions that promise to spur development by incorporating migrants and their monies into global financial markets. This forms the basis of the remittances-to-development agenda. To put the emergence of this agenda in broader context, the chapter discusses two prominent features of the contemporary political-economic terrain: (1) the state-led transnationalism efforts of migrant-sending states; and (2) the continuing dominance of market fundamentalism in the realm of international development discourse and practice.

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    How to cite this chapter
    Bakker, M. 2015. Introducing the Remittances-to-Development Agenda. In: Bakker, M, Migrating into Financial Markets. California: University of California Press. DOI: https://doi.org/10.1525/luminos.5.a

    This is an Open Access chapter distributed under the terms of the Creative Commons Attribution 4.0 license (unless stated otherwise), which permits unrestricted use, distribution and reproduction in any medium, provided the original work is properly cited. Copyright is retained by the author(s).

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    Additional Information

    Published on Sept. 30, 2015