Determinants of Productive Investment through Migrants’ Remittances in Rural Central Asia
Abstract
This article, which is based on original data and field work, presents a comparative study of the remittance earnings and the developmental impacts on the sending regions of Kyrgyzstan and Uzbekistan in light of rational and social institutionalism. Relatively less productive in‐ vestments were seen associated with remit‐ tances, and there were a large share of con‐ sumptive investments out of remittances in both cases. I contend that path dependent social environment plays a greater role in potential migrants’ decision‐making and potential deve‐ lopmental outcomes than dominant theories suggest. Thus, while designing new state institu‐ tions reformers should take into consideration stubborn legacy of the Soviet era policies and their shadow in the minds and behaviors of individuals as well as social and political institu‐ tions.
Keywords
Details
Primary Language
English
Subjects
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Journal Section
Research Article
Authors
Halil kürşad aslan
This is me
Publication Date
June 1, 2011
Submission Date
November 2, 2014
Acceptance Date
-
Published in Issue
Year 2011 Volume: 6 Number: 2