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Remittances and Social Development: The Latin American Experience

In: Financing Social Policy

Author

Listed:
  • Manuel Orozco

Abstract

Improving development through the financing of social policies has long focused on certain approaches in the public sector, such as taxation, social insurance programmes and social pension funds. Only recently has the role of private flows such as remittances become a part of this discussion. Policy makers have become aware that remittances, as transfers between individuals, contribute to development in a variety of ways, including increasing opportunities for consumption and providing a form of social assistance for families in the country of origin.

Suggested Citation

  • Manuel Orozco, 2009. "Remittances and Social Development: The Latin American Experience," Social Policy in a Development Context, in: Katja Hujo & Shea McClanahan (ed.), Financing Social Policy, chapter 13, pages 319-351, Palgrave Macmillan.
    • Handle: RePEc:pal:sopchp:978-0-230-24433-7_13
    DOI: 10.1057/9780230244337_13
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