What is it about?
This paper analyzes differences in attitudes and strategies for investing and entrepreneurship among families receiving remittances from their overseas emigrants at two rural communities in the Philippines. It examines how these households in the origin country determine how to invest remittances, and the extent to which these decisions are influenced by topographical, socio-economic, political, and cultural factors in their local spatial contexts.
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Why is it important?
Both individual behaviors and spatial contexts influence the productive use of remittances in overseas migrants’ rural communities. These matters find their relevance in developing countries which have been finding ways to make foreign remittances work for development.
Perspectives
Remittances help in rural development, and I have been doing work on sich theme for a decade. If this situation happens, we may be able to make overseas migration a choice rather than a forced option.
Mr. Jeremaiah Opiniano
University of Santo Tomas
Read the Original
This page is a summary of: Remittance usage for rural hometown investing in the Philippines: A mixed methods study, Geoforum, February 2023, Elsevier,
DOI: 10.1016/j.geoforum.2023.103679.
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