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Type: Book chapter
Title: Remittance owners' financial capabilities: Can these bridge diaspora and development?
Other Titles: Remittance owners' financial capabilities
Author: Opiniano, J.
Citation: Routledge Handbook on Asian Diaspora and Development, 2021 / Sahoo, A. (ed./s), Ch.8, pp.122-135
Publisher: Routledge
Publisher Place: United Kingdom
Issue Date: 2021
ISBN: 042935276X
Editor: Sahoo, A.
Statement of
Jeremaiah M. Opiniano
Abstract: Dollar remittances by overseas migrants are said to be a bridge between the diaspora and the development potential of migration unto origin countries. However, the productive usage of remittances hinges on the level of financial capabilities by remitters and their families. This paper presents data from a multi-year mixed methods project on rural hometown investing in the Philippines—seeking to determine if migrants or the diaspora will park their money back home. Self-reported levels of financial capabilities do not automatically lead to remittance hometown investing, with these communities providing different socio-economic contexts that affected remittance owners’ financial decisions.
Rights: © 2021 selection and editorial matter, Ajaya K. Sahoo; individual chapters, the contributors The right of Ajaya K. Sahoo to be identified as the author of the editorial material, and of the authors for their individual chapters, has been asserted in accordance with sections 77 and 78 of the Copyright, Designs and Patents Act 1988. All rights reserved. No part of this book may be reprinted or reproduced or utilised in any form or by any electronic, mechanical, or other means, now known or hereafter invented, including photocopying and recording, or in any information storage or retrieval system, without permission in writing from the publishers.
DOI: 10.4324/9780429352768-11
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Appears in Collections:Aurora harvest 4
Geography, Environment and Population publications

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