Pardee-CFLP-Remittances-TF-Report

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Raúl Hinojosa-Ojeda is the Founding Director of the North American Integrationand Development Center and Associate Professor at the César E. ChávezDepartment of Chicana & Chicano Studies at the University of California, LosAngeles. He is the author/co-author/editor of numerous articles and books on thepolitical economy of regional integrations in various parts of the world, includingmigration, remittance, trade and investment and relations between the U.S.,Mexico, Latin America, and the Pacific Rim. Together with President WilliamJefferson Clinton and Representative Esteban Torres of California, Hinojosa-Ojedais the originator of the proposal for the North American Development Bank, a$3 billion binational institution created by the U.S. and Mexican governmentsin 1994. He also is the Founder and CEO/Chairman of SF Global, LLC, a socialempowerment innovation company, focused on the development and implementationof low-cost, secure, and accessible financial services to the unbanked andunder-banked populations in the United States, including Diaspora populations,as well as in migrant-sending countries. SF Global provides an integrated platformfor remittances, government subsidy payments, and a variety of micro-financeactivities, including savings, mortgages, credits, and insurance.Talimand Khan is a Research Associate at the Sustainable Development PolicyInstitute (SDPI) in Islamabad, Pakistan. His research focus is on forestry (sustainableforest management) and migration. Previously, he also worked as Monitoring& Evaluation Specialist in the M & E Survey Unit of SDPI. While at SDPI,he has worked on various research projects and conducted several monitoring,evaluation, and impact assessments across the country. He holds a master’sdegree in Political Science from the University of Peshawar, Pakistan.Martin McKee is Professor of European Public Health at the London School ofHygiene and Tropical Medicine where he co-directs the European Centre onHealth of Societies in Transition. He is also research director of the EuropeanObservatory on Health Systems and Policies and president-elect of the EuropeanPublic Health Association. He has published more than 690 academicpapers and 40 books, and his contributions to European health policy have beenrecognized by, among others, election to the UK Academy of Medical Sciences,the Romanian Academy of Medical Sciences, and the U. S. Institute of Medicine.He has been awarded honorary doctorates from Hungary, The Netherlands,Remittance Flows to Post-Conflict States: Perspectives on Human Security and Development 141
and Sweden and has held visiting professorships at universities in Europe andAsia. He received the 2003 Andrija Stampar medal for contributions to Europeanpublic health and in 2005 was made a Commander of the Order of theBritish Empire.Suranjana Nabar-Bhaduri is a Postdoctoral Fellow at The Frederick S. PardeeCenter for the Study of the Longer-Range Future at Boston University. Her areasof specialization are in development economics, international economics, andthe Indian economy. Her current research interests include the developmentand evaluation of policies conducive to sustainable and inclusive development,external imbalances and their implications for long-run growth, remittances anddevelopment, the effects of trade liberalization on poverty, the political economyof international relations, the development of alternative measures of humandevelopment, and the development of policies to make the global economicsystem more attuned and responsive to the needs of long-run development. Herwork has been published in academic journals including The International Journalof Political Economy and Challenge: The Magazine of Economic Affairs, andas a part of the Issues in Brief series of the Pardee Center. She has also authoredeconomic articles and op-eds for economics blogs including Triple Crisis and forthe Argentinean newspaper, Página/12. She is a member of the Eastern EconomicsAssociation (EEA), and has presented her work at conferences includingthe EEA and the Western Social Sciences Association-Association for InstitutionalThought (WSSA-AFIT). She received her Ph.D. in economics from theUniversity of Utah in 2011.Raymond Natter is a partner with the law firm of Barnett Sivon & Natter, P.C.He was formerly the Deputy Chief Counsel for the Office of the Comptroller ofthe Currency (1995–2004), and served in a senior staff position with the SenateBanking Committee. He holds an LL.M. from the George Washington University,J.D. from Georgetown University, and a B.S. from Rensselaer.Chantel F. Pheiffer, a native of South Africa, is currently a master’s student ofGlobal Development Policy at Boston University. Her current research focuseson migration, remittances, and development. She was a 2013 Graduate Sum-142 A Pardee Center Task Force Report | October 2013
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Pardee Center TASK FORCE Report oct
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This series of papers, Pardee Cente
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AcknowledgementsThis Task Force on
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ITU International Telecommunication
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networks and migrant associations i
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to developing countries than other
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But most importantly, remittances a
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often mix in the countries of desti
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According to the World Bank estimat
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Because of its focus on the multidi
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eceiving remittances provides an en
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associations for post-conflict inst
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are proposed to avoid the associate
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Terry, D. 2005. Remittances as a De
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oader approach to post-conflict rem
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networks can be seen as “homogeno
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That personalized nature of hawala
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Customary law (xeer) and other trad
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the world (Lindley 2009, 531). Much
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ize the informal equal efforts to a
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struction and development. Means sh
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opportunities should focus on exist
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2. Dodd-Frank Act and Remittances t
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leadership. Formal payments systems
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and financial institutions. 26 Reso
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closures should be both in English
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issued a new proposed regulation De
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“closed network,” in which all
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Some guidance may be found in the p
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the use of mobile devices for money
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Foreign TaxesUnder the 2012 regulat
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will be available in all cases. CFP
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Section II: Remittances in Post-Con
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Sri Lanka. The conflict also result
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Figure 2: Current Account, Trade Ba
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flows came from migrant workers in
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Informal Remittance Channels in Sri
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tory authorities, with some calls f
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4. The Role of Remittances in Post-
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Figure 1: Liberia Per Capita Income
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associations, women’s groups, alu
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Remittances to LiberiaValue of Remi
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credit because of the need to be li
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Remittance Transfers in Sierra Leon
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Knowledge RemittanceThe Liberian di
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process furthermore was a pioneerin
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Levitt, Peggy and Deepak Lamba-Niev
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Section III: Diaspora Networks andC
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Page 104 and 105: The Salvadoran Diaspora is very sig
Page 106 and 107: annually during the 1990s to less t
Page 108 and 109: Figure 2: Transnational Vicious Cyc
Page 110 and 111: The transnational vicious cycle not
Page 112 and 113: emittance flows is mixed, as initia
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Page 116 and 117: areas. This issue can potentially b
Page 118 and 119: This is a breakthrough moment: afte
Page 120 and 121: Edwards, Sebastian and I. Igal Mage
Page 122 and 123: y La Distribucion Del Ingreso, 1st
Page 124 and 125: 7. Remittances and Community Resili
Page 126 and 127: For quantitative data collection, a
Page 128 and 129: Remittances are perceived as playin
Page 130 and 131: the affected population. Internatio
Page 132 and 133: ReferencesAddleton, J. 1984. The im
Page 134 and 135: 8. Filling the Gap in Health Staffi
Page 136 and 137: The alternative is for donors to se
Page 138 and 139: cians in the U.S. in 2000 (Clemens
Page 141 and 142: 1. Remittances, Financial Inclusion
Page 143 and 144: networks, and communities. The role
Page 145 and 146: • In the present era of heightene
Page 147: the island of Kosrae, in the Federa
Page 151 and 152: he organized a number of workshops
Page 153 and 154: Pardee Center Conference ReportsDev
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