Document Type
Article
Publication Date
2008
Excerpt
This Article examines the relationship between law and ethnos and "interest dependency" in the context of cross-border flows of money and other resources sent by overseas workers to a home country, so-called "worker remittances." Worker remittances simultaneously strengthen and weaken the link between a people and a country's territory, enhancing the local prosperity of a home-country by splitting its citizens between physical residents and diaspora workers. An opportunity for some, rueful for others, emigrating to work is a fact of life for the diaspora workers who generate these remittances and manna to those who receive or traffic in them. Indeed, the liquidity which remittances provide to labor-exporting countries has aligned these countries with some labor-importing ones (where remittances are sourced) and with treaty-based organizations charged with development and global macroeconomic policy. It is a form of the interest dependency which Catdt Backer identifies, albeit in the official sector.
Recommended Citation
Jose M. Gabilondo,
Monetizing Diaspora: Liquid Sovereigns, Fertile Workers, and the Interest-Convergence Around Remittance
, 25 Penn. State Int’l L. Rev, 653
(2008).
Available at: https://ecollections.law.fiu.edu/faculty_publications/86
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