The Very Uneasy Case Against Remittances: An Ex Ante Perspective
Adam Feibelman (Tulane Law) has an interesting new piece on The Very Uneasy Case Against Remittances: An Ex Ante Perspective. I think that he is correct and not merely for the reasons that he states. The most recent empirical work I have seen seems to suggest that remittances are not helpful to the home country. Overall, the empirical literature is mixed and those law professors that champion the idea of remittances have not thought through the practical administration within the payment system very well.