@article{Orozco:301821,
      recid = {301821},
      author = {Orozco, Manuel and Jewers, Mariellen},
      title = {IFAD RESEARCH SERIES 56 The impact of migrants'  remittances and investment on rural youth},
      address = {2019},
      number = {2165-2020-095},
      pages = {40},
      year = {2019},
      abstract = {In an increasingly globalized world community, rural  international migration is often characterized by  engagements or links that migrants establish with their  home countries, home towns and relatives in their country  of origin through transnational economic and social  activities. This background paper analyses how migrants  positively contribute to the sustainable economic  development of rural youth in their countries of origin.  Specifically, this paper details migrants’ contribution to  youth rural development through transnational economic  engagement, which positively impacts financial inclusion,  creation of employment opportunities and the promotion of  entrepreneurship. Transnational engagement activities  include money transfers (family remittances), philanthropy,  entrepreneurship, capital investment, homeland goods  consumption and knowledge transfer. We find that youth are  doubly disadvantaged relative to adults in rural areas and  relative to their urban counterparts, making remittances  and other forms of engagement particularly important in  helping this especially vulnerable group. Transnational  engagement that occurs in rural areas and targets issues  such as education or nutrition can disproportionately  benefit youth. Other transnational engagement, such as  knowledge transfer or partnership, establishes youth as  agents of their own development and economic well-being.  Though the activities differ, underlying all forms of  transnational engagement is a reinforcement of social and  cultural identities and connection with countries of origin  for both migrants and descendants of migrants.},
      url = {http://ageconsearch.umn.edu/record/301821},
      doi = {https://doi.org/10.22004/ag.econ.301821},
}