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The Congolese diaspora and the politics of remittances

Author

Listed:
  • Claude Sumata

    (Faculty of Economics and Management, National Pedagogical University Congo, the Democratic Republic of the)

  • Jeffrey H. Cohen

    (Ohio State University, United States)

Abstract

Economic turmoil and war constitute the main engines fuelling migration in the Democratic Republic of Congo since 1980. The development of migration is accompanied by remittance transfers that impact on the country. The most common use of remittances are to satisfy basic needs and fund specific family events that can include buying land, house construction and opening businesses along with consumption (education, health…). The direct transfer of material goods, such as cars and medical & IT materials, also plays a major role. While most remittances are not used to cover investments; funding education and family wellbeing can support growth and development.

Suggested Citation

  • Claude Sumata & Jeffrey H. Cohen, 2018. "The Congolese diaspora and the politics of remittances," Remittances Review, Remittances Review, vol. 3(2), pages 95-108, October.
    • Handle: RePEc:mig:remrev:v:3:y:2018:i:2:p:95-108
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    References listed on IDEAS

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    1. Emmanuel K. K. Lartey & Federico S. Mandelman & Pablo A. Acosta, 2012. "Remittances, Exchange Rate Regimes and the Dutch Disease: A Panel Data Analysis," Review of International Economics, Wiley Blackwell, vol. 20(2), pages 377-395, May.
    2. Kevin Williams, 2016. "Remittances and Financial Development: Evidence from Sub-Saharan Africa," African Development Review, African Development Bank, vol. 28(3), pages 357-367, September.
    3. Schiff, Maurice, 1994. "How trade, aid, and remittances affect international migration," Policy Research Working Paper Series 1376, The World Bank.
    4. International Monetary Fund, 2010. "Republic of Congo: Enhanced Heavily Indebted Poor Countries Initiative: Completion Point Document and Multilateral Debt Relief Initiative," IMF Staff Country Reports 2010/077, International Monetary Fund.
    5. International Monetary Fund, 2010. "Guinea-Bissau: Enhanced Initiative for Heavily Indebted Poor Countries-Completion Point Document and Multilateral Debt Relief Initiative," IMF Staff Country Reports 2010/380, International Monetary Fund.
    6. Claude Sumata, 2002. "Migradollars & poverty alleviation strategy issues in Congo (DRC)," Review of African Political Economy, Taylor & Francis Journals, vol. 29(93-94), pages 619-628, September.
    7. Ibrahim Sirkeci & Jeffrey H. Cohen & Dilip Ratha, 2012. "Migration and Remittances during the Global Financial Crisis and Beyond," World Bank Publications - Books, The World Bank Group, number 13092, December.
    8. Claude Sumata, 2010. "Parallel market for foreign exchange and hyperinflation: the case of Congo-Kinshasa," International Journal of Trade and Global Markets, Inderscience Enterprises Ltd, vol. 3(1), pages 115-131.
    9. International Monetary Fund, 2010. "Democratic Republic of the Congo: Enhanced Initiative for Heavily Indebted Poor Countries: Completion Point Document and Multilateral Debt Relief Initiative Paper," IMF Staff Country Reports 2010/360, International Monetary Fund.
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    Cited by:

    1. Courage Mlambo & Forget Kapingura, 2020. "Remittances and Economic Development: Evidence from SADC Countries?," Eurasian Journal of Economics and Finance, Eurasian Publications, vol. 8(4), pages 261-273.
    2. Batana,Yele Maweki & Masaki,Takaaki & Nakamura,Shohei & Viboudoulou Vilpoux,Mervy Ever, 2021. "Estimating Poverty in Kinshasa by Dealing with Sampling and Comparability Issues," Policy Research Working Paper Series 9858, The World Bank.

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