Migration, financial flows and development in the Euro-Mediterranean area

Journal of North African Studies

Volumn 11, Issue 1, 2006, Pages 17-34

  Gallina, Andrea ^a  

^a ROSKILDE UNIVERSITY   (Denmark)

Author keywords

[No Author keywords available]

Indexed keywords

FINANCIAL MARKET; MIGRATION; SOCIOECONOMIC CONDITIONS;

MEDITERRANEAN REGION; MEDITERRANEAN SEA;

EID: 33144483501     PISSN: 13629387     EISSN: None     Source Type: Journal    
DOI: 10.1080/13629380500409826     Document Type: Article

References (48)

1. International Organisation for Migration (IOM), World Migration Report 2005 (Geneva 2005).
2. D. Kyle, Transnational Peasants: Migrations, Networks, and Ethnicity in Andean Ecuador (Baltimore: Johns Hopkins University Press 2000).
3. K. Gardner, Global Migrants, Local Lives: Travel and Transformation in Rural Bangladesh (Oxford: Clarendon Press, 1995).
4. M. Orozco, 'Worker Remittances in an International Scope', Working Paper commissioned by the Multilateral Investment Fund of the Inter-American Development Bank, Washington 2003.
5. This article draws on the findings of the research project 'A Favourable Macro-economic Environment, Innovative Financial Instruments and International Partnership to Channel Workers' Remittances towards the Promotion of Local Development. Two Case Studies in Morocco and Tunisia', coordinated by the Federico Caffè Centre and co-financed by the European Union under the Femise Network Research Programme, contract FEM-21-08. The preliminary findings were presented at the Femise Network Conference, Marseilles, 4-6 of December 2003 and at the '12th Annual Conference' of the Cuban Centre for European Studies, Havana, 28 September to 1 October 2004. I acknowledge the contribution of the other members of the research team and in particular Ninna Nyberg Sørensen, Bruno Amoroso, Diana Hunt, Marco Zupi, Alberto Mazzali, Chadia Arab and Francesco Slaviero for their invaluable support of the research. I am also grateful to an anonymous referee for the precious comments on the final draft. Any omissions, errors and opinions reflected in this article are entirely mine.
6. On the concept of co-development see B. Amoroso, On Globalization. Capitalism in the 21st Century (London: Macmillan 1999).
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8. Ibid.
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10. World Bank, World Bank Finance Report (Washington 2004).
11. The above-mentioned figures do not include the transfers through informal channels, such as hand carrying by friends and family members and in-kind contributions. Money that enters the country through unofficial channels is very often quite significant in the majority of countries, ranging between 10 and 50 per cent of the officially recorded figures on remittances. Very little effort is given to attempts to estimate the volume of unofficial remittances, and very often these estimates do not reflect the real picture.
12. With the newly launched 'Femip' initiative (Facility for Euro-Mediterranean Investment and Partnership) the European Investment Bank plans to increase the investments in the Mediterranean region from US$1.4 to 2 billion per year.
13. For an updated overview of the bibliography existing on remittances in the Mediterranean, see the Federico Caffè Centre Research Reports, and in particular D. Sainz, 'Bibliography on Remittances with Particular Focus on the Mediterranean Region', Federico Caffè Centre Research Reports 4 (2003).
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