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The trade, migration, and development nexus

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Author Info
Philip L. Martin
Abstract

This paper deals with migrants' role in stimulating development in their countries of origin, outlining the three major channels through which migration can affect development: recruitment, remittances, and returns. It next turns to the North American Free Trade Agreement (NAFTA), assessing the relevance of the Mexico-United States migration hump for migration, trade, and development elsewhere. The paper concludes that migrants can accelerate development in their countries of origin but finds nothing mechanical or automatic about the migration and development linkage. Countries growing and ready to grow can benefit from migration's three R's: recruitment, remittances, and returns. But in other cases, migration's three R's can prevent an economic takeoff. Thus, the answer to the question of whether migration accelerates development is simple: It depends.

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File URL: http://dallasfed.org/research/pubs/migration/martin.pdf
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Publisher Info
Article provided by Federal Reserve Bank of Dallas in its journal Proceedings.

Volume (Year): (2006)
Issue (Month): ()
Pages: 11-34
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Handle: RePEc:fip:feddpr:y:2006:p:11-34

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Related research
Keywords: Emigration and immigration ; International trade ; Economic development ; Developing countries ; Emigrant remittances;

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This page was last updated on 2009-12-16.


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