Sunday, April 5, 2015

Urban-rural remitances

It is important to understand that remittances are private resources that are part of the family wage, where one of its members, pushed by poor economic conditions in their community and country, had to go elsewhere for work and support the rest of the family. Hence, its main objective is to cover the costs associated with social and economic reproduction of the family (food, health, clothing, improvement of houses, etc.). Remittances therefore come into play as a replacement of the role that a salary or wage would traditionally take. It could be very dangerous to think that remittances can't replace the role of public policy in economic and social development of national economies, even though governments have include them as a target of policy or have come to count on them as a part of the national income.

The article rises a very interesting issue, this being the socio-cultural role that remitters come to play or is given to them in the social structure back home. This money has such value, in many ways, that the physical presence of an individual becomes secondary. It is very interesting to think this through, the question that comes to my mind is, mobile money is a very suitable way of maintaining human relationships even if you are away from home?  

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