Research

Remittances as Social Exchange: The Critical, Changing Role of Family as the Social Network

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.

Publication Information
Article Title: Remittances as Social Exchange: The Critical, Changing Role of Family as the Social Network
Journal: Journal of Macromarketing (Mar, 2010)
Vol. 30, No. 1, 23-32
Author(s): Gentry, James W;  Mittelstaedt, Robert A
Researcher Information
    
Gentry, James W
Gentry, James W
Emeritus
Expertise:
  • Consumer Behavior
  • Cross-Cultural Issues
  • Family Decision Making
  • International Consumerism
  • International - Asia
Marketing
HLH 345
P.O. Box 880492
University of Nebraska-Lincoln
Lincoln, NE 68588-0492, USA
Phone: (402) 472-2316
Fax: (402) 472-9777
jgentry@unl.edu
Mittelstaedt, Robert A
Mittelstaedt, Robert A
Emeritus
Marketing
HLH 345
P.O. Box 880492
University of Nebraska-Lincoln
Lincoln, NE 68588-0492, USA
Phone: (402) 472-2316
Fax: (402) 472-9777
rmittelstaedt1@unl.edu