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Informal Insurance Arrangements in Ghanaian Migrants' Transnational Networks: The Role of Reverse Remittances and Geographic Proximity

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  • Mazzucato, Valentina

Abstract

Summary Risk pooling literature argues the need for geographic proximity to ensure the functioning of informal insurance arrangements. This paper investigates whether these arrangements exist between migrants and their network members back home and, if so, how they work in the absence of geographic proximity. Analysis of a simultaneous matched sample of migrants in the Netherlands and network members in Ghana reveals the existence of reverse remittances. These remittances show that there is risk pooling between migrants and network members. The paper elaborates on the institutional arrangements that make such a system possible.

Suggested Citation

  • Mazzucato, Valentina, 2009. "Informal Insurance Arrangements in Ghanaian Migrants' Transnational Networks: The Role of Reverse Remittances and Geographic Proximity," World Development, Elsevier, vol. 37(6), pages 1105-1115, June.
  • Handle: RePEc:eee:wdevel:v:37:y:2009:i:6:p:1105-1115
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    References listed on IDEAS

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    Citations

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    Cited by:

    1. Yaw Nyarko & Kwabena Gyimah-Brempon, 2011. "Social Safety Nets: The Role of Education, Remittances and Migration," RSCAS Working Papers 2011/26, European University Institute.
    2. Lothar Smith & Valentina Mazzucato, 2009. "Constructing Homes, Building Relationships: Migrant Investments In Houses," Tijdschrift voor Economische en Sociale Geografie, Royal Dutch Geographical Society KNAG, vol. 100(5), pages 662-673, December.
    3. Chort, Isabelle & Gubert, Flore & Senne, Jean-Noël, 2012. "Migrant networks as a basis for social control: Remittance incentives among Senegalese in France and Italy," Regional Science and Urban Economics, Elsevier, vol. 42(5), pages 858-874.
    4. repec:bla:ecorec:v:93:y:2017:i::p:122-143 is not listed on IDEAS
    5. Jean-Michel Lafleur & Olivier Lizin, 2014. "Transnational Health Insurance Schemes: A New Avenue for Congolese Immigrants in Belgium to Care for Their Relatives' Health from Abroad?," Working Papers 15-01d, Princeton University, Woodrow Wilson School of Public and International Affairs, Center for Migration and Development..
    6. Amoyaw, Jonathan Anim & Abada, Teresa, 2016. "Does helping them benefit me? Examining the emotional cost and benefit of immigrants' pecuniary remittance behaviour in Canada," Social Science & Medicine, Elsevier, vol. 153(C), pages 182-192.
    7. Fransen, Sonja & Mazzucato, Valentina, 2014. "Remittances and Household Wealth after Conflict: A Case Study on Urban Burundi," World Development, Elsevier, vol. 60(C), pages 57-68.
    8. repec:pal:eurjdr:v:29:y:2017:i:4:d:10.1057_s41287-016-0061-4 is not listed on IDEAS

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