MIGRANT INVESTMENT IN SALVATIERRA, GUANAJUATO, MEXICO: CAUSES AND CONSEQUENCES OF RETURN MIGRANT INVESTORS AND REMITTANCE BASED BUSINESSES
Journal Title: European Journal of Business and Social Sciences - Year 2015, Vol 4, Issue 4
Abstract
The issue of migrant remittances and investment raises transcendental theoretical and methodological challenges. Depending on the scope of the research and analysis, whether global, regional, local, urban, or rural, if certain epistemological models and paths are taken, the results will yield different conclusions. Although researchers have discussed the positive and adverse effects for years, the controversy is still recent enough to review much of the current literature on the subject. We conducted a comparative analysis to deepen our understanding of differences in terms of both theoretical approaches and an evaluation of the impact on the communities, regions, and countries involved. For the state of Guanajuato, this is no small matter. International migration to the United States has a long history in Guanajuato. Therefore, many towns and municipalities in the state have been impacted in different ways, without a doubt, the social and economic remittances, and entrepreneurship have disrupted the heartstrings of individuals in the region. For public policy purposes, systematic, holistic, and comprehensive understanding of the phenomenon of migration, and particularly of migrant investment, merits a more targeted analysis and an understanding of the context beyond shortsighted triumphalism. We infer from this comparative reflection that the remittance investor and the return migrant investor overcome the volatile and subjective factors of potential entrepreneurs. The interweaving of the macro-, meso-, and microstructural conditions are essential to understanding projects of this nature.
Authors and Affiliations
Eduardo Fernández Guzmán| Eloy Mosqueda Tapia Hector Ruiz Rueda2 Perla Shiomara del Carpio Ovando
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