Remittances as social exchange: The critical, changing role of family as the social network

James W. Gentry, Robert A. Mittelstaedt

Research output: Contribution to journalArticle

5 Citations (Scopus)

Abstract

Remittances from immigrants in developed countries to their families back home constitute economic flows nearly comparable to the levels of foreign direct investment and greater than those of international aid. Even those who immigrate due to political strife (refugees) are likely to leave loved ones behind and to send money home, if it is feasible. This article looks at remittances as only one type of social exchange within the relevant social network (the family). A categorization of immigrants is presented (expatriates, sojourners, and pathfinders) based on their motives for emigrating and used, subsequently, to explain their relative propensities to remit. The article ends by discussing the implications that the changing nature of the family institution globally may have for the flow of remittances in the future.

Original languageEnglish (US)
Pages (from-to)23-32
Number of pages10
JournalJournal of Macromarketing
Volume30
Issue number1
DOIs
StatePublished - Mar 1 2010

Fingerprint

Social networks
Social exchange
Remittances
Immigrants
Refugees
Economics
International aid
Propensity
Expatriates
Foreign direct investment
Developed countries
Sojourners

Keywords

  • Corporate family
  • Expatriates
  • Immigration
  • Pathfinders
  • Remittances
  • Sojourners

ASJC Scopus subject areas

  • Marketing

Cite this

Remittances as social exchange : The critical, changing role of family as the social network. / Gentry, James W.; Mittelstaedt, Robert A.

In: Journal of Macromarketing, Vol. 30, No. 1, 01.03.2010, p. 23-32.

Research output: Contribution to journalArticle

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