The interactions among trade, international migration, and economic development in migrant-sending areas are complex, and paradoxes abound. This paper summarizes global trends in world migration and remittances, discusses some paradoxes surrounding the trade-migration-development relationship, and reports findings from new research on Mexico-to-U.S. migration, using data from rural Mexico. It concludes with some thoughts about designing policies to raise the development potential of remittances in migrant-sending areas.
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Article provided by Federal Reserve Bank of Dallas in its journal Proceedings.
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