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ucp-6-m-15-978-0-520-96093-0030115978-0-520-96093-00610.1525/luminos.501internal-reference600EBE10110Creative Commons Attribution (CC-BY)02http://creativecommons.org/licenses/by/4.0/0101Migrating into Financial MarketsHow Remittances Became a Development Tool1A01Matt BakkerMattBakkerSociology Marymount UniversityMATT BAKKER is Assistant Professor of Sociology at Marymount University.01eng002950323User DefinedEconomics23User DefinedFinance23User DefinedSustainable development12remittances12neoliberal globalization12market-based development12financial markets12governmental work12international institutions12remittances experts12policy entrepreneurs01010300We understand very little about the billions of dollars that flow throughout the world from migrants back to their home countries. In this rigorous and illuminating work, Matt Bakker, an economic sociologist, examines how these migrant remittances—the resources of some of the world’s least affluent people—have come to be seen in recent years as a fundamental contributor to development in the migrant?sending states of the global south. This book analyzes how the connection between remittances and development was forged through the concrete political and intellectual practices of policy entrepreneurs within a variety of institutional settings, from national government agencies and international development organizations to nongovernmental policy foundations and think tanks.“Migrating into Financial Markets offers a much-needed interpretation of the institutions that frame migration. In this fascinating account, Bakker shows how, unable to come up with a political solution to large-scale migration, Mexico and the United States recast migrants as private actors of economic and social development.” RUBÉN HERNÁNDEZ-LEÓN, coauthor of Skills of the “Unskilled”: Work and Mobility among Mexican Migrants“Contrasting governments’ developmentalist rhetoric with the way their policies are actually designed and implemented, this thoughtful study makes an important contribution to a key debate in contemporary development policy.” GAY SEIDMAN, Martindale Bascom Professor of Sociology, University of Wisconsin—Madison“Bakker offers a cautionary tale of how international policy entrepreneurs’ commitment to an ideology of market fundamentalism reduced their approach to addressing the human rights of migrants in the post-9/11 world to lowering the costs of wire transfers and banking the un-banked.” DAVID SPENER, Professor of Sociology, Trinity University and author of Clandestine Crossings: Migrants and Coyotes on the Texas-Mexico BorderMATT BAKKER is Assistant Professor of Sociology at Marymount University.0200We understand very little about the billions of dollars that flow throughout the world from migrants back to their home countries. In this rigorous and illuminating work, Matt Bakker, an economic sociologist, examines how these migrant remittances—the resources of some of the world’s least affluent people—have come to be seen in recent years as a fundamental contributor to development in the migrant?sending states of the global south. This book analyzes how the connection between remittances and development was forged through the concrete political and intellectual practices of policy entrepreneurs within a variety of institutional settings, from national government agencies and international development organizations to nongovernmental policy foundations and think tanks.“Migrating into Financial Markets offers a much-needed interpretation of the institutions that frame migration. In this fascinating account, Bakker shows how, unable to come up with a political solution to large-scale migration, Mexico and the United States recast migrants as private actors of economic and social development.” RUBÉN HERNÁNDEZ-LEÓN, coauthor of Skills of the “Unskilled”: Work and Mobility among Mexican Migrants“Contrasting governments’ developmentalist rhetoric with the way their policies are actually designed and implemented, this thoughtful study makes an important contribution to a key debate in contemporary development policy.” GAY SEIDMAN, Martindale Bascom Professor of Sociology, University of Wisconsin—Madison“Bakker offers a cautionary tale of how international policy entrepreneurs’ commitment to an ideology of market fundamentalism reduced their approach to addressing the human rights of migrants in the post-9/11 world to lowering the costs of wire transfers and banking the un-banked.” DAVID SPENER, Professor of Sociology, Trinity University and author of Clandestine Crossings: Migrants and Coyotes on the Texas-Mexico BorderMATT BAKKER is Assistant Professor of Sociology at Marymount University.0400Introducing the Remittances-to-Development Agenda Facts, Figures, and the Politics of Measurement Forging the Remittances-to- Development Nexus Bringing Remittances into the North American Economic-Integration Project From Promise to Practice Conclusions3000We understand very little about the billions of dollars that flow throughout the world from migrants back to their home countries. In this rigorous and illuminating work, Matt Bakker, an economic sociologist, examines how these migrant remittances—the resources of some of the world’s least affluent people—have come to be seen in recent years as a fundamental contributor to development in the migrant?sending states of the global south. This book analyzes how the connection between remittances and development was forged through the concrete political and intellectual practices of policy entrepreneurs within a variety of institutional settings, from national government agencies and international development organizations to nongovernmental policy foundations and think tanks.“Migrating into Financial Markets offers a much-needed interpretation of the institutions that frame migration. In this fascinating account, Bakker shows how, unable to come up with a political solution to large-scale migration, Mexico and the United States recast migrants as private actors of economic and social development.” RUBÉN HERNÁNDEZ-LEÓN, coauthor of Skills of the “Unskilled”: Work and Mobility among Mexican Migrants“Contrasting governments’ developmentalist rhetoric with the way their policies are actually designed and implemented, this thoughtful study makes an important contribution to a key debate in contemporary development policy.” GAY SEIDMAN, Martindale Bascom Professor of Sociology, University of Wisconsin—Madison“Bakker offers a cautionary tale of how international policy entrepreneurs’ commitment to an ideology of market fundamentalism reduced their approach to addressing the human rights of migrants in the post-9/11 world to lowering the costs of wire transfers and banking the un-banked.” DAVID SPENER, Professor of Sociology, Trinity University and author of Clandestine Crossings: Migrants and Coyotes on the Texas-Mexico BorderMATT BAKKER is Assistant Professor of Sociology at Marymount University.2000Open Access01000302https://storage.googleapis.com/rua-ucp/files/media/cover_images/13b84134-3fef-44bb-8706-c9f512c48d40.jpg1030610.1525/luminos.5.aChapter0101Introducing the Remittances-to-Development Agenda1A01Matt BakkerMattBakkerSociology Marymount UniversityMATT BAKKER is Assistant Professor of Sociology at Marymount University.01eng12remittances-to-development agenda12state-led transnationalism12market fundamentalism12development tool12development discourse2000Open Access2030610.1525/luminos.5.bChapter0101Facts, Figures, and the Politics of Measurement1A01Matt BakkerMattBakkerSociology Marymount UniversityMATT BAKKER is Assistant Professor of Sociology at Marymount University.01eng12policy entrepreneurs12politics of expertise12remittances as a financial flow12soft power12data collection techniques2000Open Access3030610.1525/luminos.5.cChapter0101Forging the Remittances-to- Development Nexus1A01Matt BakkerMattBakkerSociology Marymount UniversityMATT BAKKER is Assistant Professor of Sociology at Marymount University.01eng12neoliberal globalization12market fundamentalism12market-based solutions12remittance transfer costs12financial democracy12innovative financial mechanisms2000Open Access4030610.1525/luminos.5.dChapter0101Bringing Remittances into the North American Economic-Integration Project1A01Matt BakkerMattBakkerSociology Marymount UniversityMATT BAKKER is Assistant Professor of Sociology at Marymount University.01eng12state-led transnationalism12Mexican government12emigrant policies12emigration policies12market-centric12intergovernmental collaboration2000Open Access5030610.1525/luminos.5.eChapter0101From Promise to Practice1A01Matt BakkerMattBakkerSociology Marymount UniversityMATT BAKKER is Assistant Professor of Sociology at Marymount University.01eng12financial democracy12remittance recipients12Directo a México12remittance transfer service2000Open Access6030610.1525/luminos.5.fChapter0101Conclusions1A01Matt BakkerMattBakkerSociology Marymount UniversityMATT BAKKER is Assistant Professor of Sociology at Marymount University.01eng12paradox of neoliberal policymaking12market-based development tool12transnational engagement policies2000Open Access01URLhttps://www.luminosoa.orgUniversity of California Press01University of California Press01Publisher’s corporate websitehttps://www.luminosoa.org02Publisher’s website for a specified workhttps://www.luminosoa.org/books/m/10.1525/luminos.5California040120150930The Author(s)02WORLD0615978-0-520-28546-0WORLD11Unknown36Supplier’s website for a specified workhttps://www.luminosoa.org29Supplier’s website: download the titlehttps://www.luminosoa.org/books/6/files/b47bd481-e243-44a9-9eea-e9d9c891fa78.epub20082015093001ucp-6-m-15-978-0-520-96093-0030115978-0-520-96093-00610.1525/luminos.501internal-reference600EDE12110Creative Commons Attribution (CC-BY)02http://creativecommons.org/licenses/by/4.0/0101Migrating into Financial MarketsHow Remittances Became a Development Tool1A01Matt BakkerMattBakkerSociology Marymount UniversityMATT BAKKER is Assistant Professor of Sociology at Marymount University.01eng002950323User DefinedEconomics23User DefinedFinance23User DefinedSustainable development12remittances12neoliberal globalization12market-based development12financial markets12governmental work12international institutions12remittances experts12policy entrepreneurs01010300We understand very little about the billions of dollars that flow throughout the world from migrants back to their home countries. In this rigorous and illuminating work, Matt Bakker, an economic sociologist, examines how these migrant remittances—the resources of some of the world’s least affluent people—have come to be seen in recent years as a fundamental contributor to development in the migrant?sending states of the global south. This book analyzes how the connection between remittances and development was forged through the concrete political and intellectual practices of policy entrepreneurs within a variety of institutional settings, from national government agencies and international development organizations to nongovernmental policy foundations and think tanks.“Migrating into Financial Markets offers a much-needed interpretation of the institutions that frame migration. In this fascinating account, Bakker shows how, unable to come up with a political solution to large-scale migration, Mexico and the United States recast migrants as private actors of economic and social development.” RUBÉN HERNÁNDEZ-LEÓN, coauthor of Skills of the “Unskilled”: Work and Mobility among Mexican Migrants“Contrasting governments’ developmentalist rhetoric with the way their policies are actually designed and implemented, this thoughtful study makes an important contribution to a key debate in contemporary development policy.” GAY SEIDMAN, Martindale Bascom Professor of Sociology, University of Wisconsin—Madison“Bakker offers a cautionary tale of how international policy entrepreneurs’ commitment to an ideology of market fundamentalism reduced their approach to addressing the human rights of migrants in the post-9/11 world to lowering the costs of wire transfers and banking the un-banked.” DAVID SPENER, Professor of Sociology, Trinity University and author of Clandestine Crossings: Migrants and Coyotes on the Texas-Mexico BorderMATT BAKKER is Assistant Professor of Sociology at Marymount University.0200We understand very little about the billions of dollars that flow throughout the world from migrants back to their home countries. In this rigorous and illuminating work, Matt Bakker, an economic sociologist, examines how these migrant remittances—the resources of some of the world’s least affluent people—have come to be seen in recent years as a fundamental contributor to development in the migrant?sending states of the global south. This book analyzes how the connection between remittances and development was forged through the concrete political and intellectual practices of policy entrepreneurs within a variety of institutional settings, from national government agencies and international development organizations to nongovernmental policy foundations and think tanks.“Migrating into Financial Markets offers a much-needed interpretation of the institutions that frame migration. In this fascinating account, Bakker shows how, unable to come up with a political solution to large-scale migration, Mexico and the United States recast migrants as private actors of economic and social development.” RUBÉN HERNÁNDEZ-LEÓN, coauthor of Skills of the “Unskilled”: Work and Mobility among Mexican Migrants“Contrasting governments’ developmentalist rhetoric with the way their policies are actually designed and implemented, this thoughtful study makes an important contribution to a key debate in contemporary development policy.” GAY SEIDMAN, Martindale Bascom Professor of Sociology, University of Wisconsin—Madison“Bakker offers a cautionary tale of how international policy entrepreneurs’ commitment to an ideology of market fundamentalism reduced their approach to addressing the human rights of migrants in the post-9/11 world to lowering the costs of wire transfers and banking the un-banked.” DAVID SPENER, Professor of Sociology, Trinity University and author of Clandestine Crossings: Migrants and Coyotes on the Texas-Mexico BorderMATT BAKKER is Assistant Professor of Sociology at Marymount University.0400Introducing the Remittances-to-Development Agenda Facts, Figures, and the Politics of Measurement Forging the Remittances-to- Development Nexus Bringing Remittances into the North American Economic-Integration Project From Promise to Practice Conclusions3000We understand very little about the billions of dollars that flow throughout the world from migrants back to their home countries. In this rigorous and illuminating work, Matt Bakker, an economic sociologist, examines how these migrant remittances—the resources of some of the world’s least affluent people—have come to be seen in recent years as a fundamental contributor to development in the migrant?sending states of the global south. This book analyzes how the connection between remittances and development was forged through the concrete political and intellectual practices of policy entrepreneurs within a variety of institutional settings, from national government agencies and international development organizations to nongovernmental policy foundations and think tanks.“Migrating into Financial Markets offers a much-needed interpretation of the institutions that frame migration. In this fascinating account, Bakker shows how, unable to come up with a political solution to large-scale migration, Mexico and the United States recast migrants as private actors of economic and social development.” RUBÉN HERNÁNDEZ-LEÓN, coauthor of Skills of the “Unskilled”: Work and Mobility among Mexican Migrants“Contrasting governments’ developmentalist rhetoric with the way their policies are actually designed and implemented, this thoughtful study makes an important contribution to a key debate in contemporary development policy.” GAY SEIDMAN, Martindale Bascom Professor of Sociology, University of Wisconsin—Madison“Bakker offers a cautionary tale of how international policy entrepreneurs’ commitment to an ideology of market fundamentalism reduced their approach to addressing the human rights of migrants in the post-9/11 world to lowering the costs of wire transfers and banking the un-banked.” DAVID SPENER, Professor of Sociology, Trinity University and author of Clandestine Crossings: Migrants and Coyotes on the Texas-Mexico BorderMATT BAKKER is Assistant Professor of Sociology at Marymount University.2000Open Access01000302https://storage.googleapis.com/rua-ucp/files/media/cover_images/13b84134-3fef-44bb-8706-c9f512c48d40.jpg1030610.1525/luminos.5.aChapter0101Introducing the Remittances-to-Development Agenda1A01Matt BakkerMattBakkerSociology Marymount UniversityMATT BAKKER is Assistant Professor of Sociology at Marymount University.01eng12remittances-to-development agenda12state-led transnationalism12market fundamentalism12development tool12development discourse2000Open Access2030610.1525/luminos.5.bChapter0101Facts, Figures, and the Politics of Measurement1A01Matt BakkerMattBakkerSociology Marymount UniversityMATT BAKKER is Assistant Professor of Sociology at Marymount University.01eng12policy entrepreneurs12politics of expertise12remittances as a financial flow12soft power12data collection techniques2000Open Access3030610.1525/luminos.5.cChapter0101Forging the Remittances-to- Development Nexus1A01Matt BakkerMattBakkerSociology Marymount UniversityMATT BAKKER is Assistant Professor of Sociology at Marymount University.01eng12neoliberal globalization12market fundamentalism12market-based solutions12remittance transfer costs12financial democracy12innovative financial mechanisms2000Open Access4030610.1525/luminos.5.dChapter0101Bringing Remittances into the North American Economic-Integration Project1A01Matt BakkerMattBakkerSociology Marymount UniversityMATT BAKKER is Assistant Professor of Sociology at Marymount University.01eng12state-led transnationalism12Mexican government12emigrant policies12emigration policies12market-centric12intergovernmental collaboration2000Open Access5030610.1525/luminos.5.eChapter0101From Promise to Practice1A01Matt BakkerMattBakkerSociology Marymount UniversityMATT BAKKER is Assistant Professor of Sociology at Marymount University.01eng12financial democracy12remittance recipients12Directo a México12remittance transfer service2000Open Access6030610.1525/luminos.5.fChapter0101Conclusions1A01Matt BakkerMattBakkerSociology Marymount UniversityMATT BAKKER is Assistant Professor of Sociology at Marymount University.01eng12paradox of neoliberal policymaking12market-based development tool12transnational engagement policies2000Open Access01URLhttps://www.luminosoa.orgUniversity of California Press01University of California Press01Publisher’s corporate websitehttps://www.luminosoa.org02Publisher’s website for a specified workhttps://www.luminosoa.org/books/m/10.1525/luminos.5California040120150930The Author(s)02WORLD0615978-0-520-28546-0WORLD11Unknown36Supplier’s website for a specified workhttps://www.luminosoa.org29Supplier’s website: download the titlehttps://www.luminosoa.org/books/6/files/5-3-42-1-10-20150930.mobi20082015093001ucp-6-m-15-978-0-520-96093-0030115978-0-520-96093-00610.1525/luminos.501internal-reference600EBE10710Creative Commons Attribution (CC-BY)02http://creativecommons.org/licenses/by/4.0/0101Migrating into Financial MarketsHow Remittances Became a Development Tool1A01Matt BakkerMattBakkerSociology Marymount UniversityMATT BAKKER is Assistant Professor of Sociology at Marymount University.01eng002950323User DefinedEconomics23User DefinedFinance23User DefinedSustainable development12remittances12neoliberal globalization12market-based development12financial markets12governmental work12international institutions12remittances experts12policy entrepreneurs01010300We understand very little about the billions of dollars that flow throughout the world from migrants back to their home countries. In this rigorous and illuminating work, Matt Bakker, an economic sociologist, examines how these migrant remittances—the resources of some of the world’s least affluent people—have come to be seen in recent years as a fundamental contributor to development in the migrant?sending states of the global south. This book analyzes how the connection between remittances and development was forged through the concrete political and intellectual practices of policy entrepreneurs within a variety of institutional settings, from national government agencies and international development organizations to nongovernmental policy foundations and think tanks.“Migrating into Financial Markets offers a much-needed interpretation of the institutions that frame migration. In this fascinating account, Bakker shows how, unable to come up with a political solution to large-scale migration, Mexico and the United States recast migrants as private actors of economic and social development.” RUBÉN HERNÁNDEZ-LEÓN, coauthor of Skills of the “Unskilled”: Work and Mobility among Mexican Migrants“Contrasting governments’ developmentalist rhetoric with the way their policies are actually designed and implemented, this thoughtful study makes an important contribution to a key debate in contemporary development policy.” GAY SEIDMAN, Martindale Bascom Professor of Sociology, University of Wisconsin—Madison“Bakker offers a cautionary tale of how international policy entrepreneurs’ commitment to an ideology of market fundamentalism reduced their approach to addressing the human rights of migrants in the post-9/11 world to lowering the costs of wire transfers and banking the un-banked.” DAVID SPENER, Professor of Sociology, Trinity University and author of Clandestine Crossings: Migrants and Coyotes on the Texas-Mexico BorderMATT BAKKER is Assistant Professor of Sociology at Marymount University.0200We understand very little about the billions of dollars that flow throughout the world from migrants back to their home countries. In this rigorous and illuminating work, Matt Bakker, an economic sociologist, examines how these migrant remittances—the resources of some of the world’s least affluent people—have come to be seen in recent years as a fundamental contributor to development in the migrant?sending states of the global south. This book analyzes how the connection between remittances and development was forged through the concrete political and intellectual practices of policy entrepreneurs within a variety of institutional settings, from national government agencies and international development organizations to nongovernmental policy foundations and think tanks.“Migrating into Financial Markets offers a much-needed interpretation of the institutions that frame migration. In this fascinating account, Bakker shows how, unable to come up with a political solution to large-scale migration, Mexico and the United States recast migrants as private actors of economic and social development.” RUBÉN HERNÁNDEZ-LEÓN, coauthor of Skills of the “Unskilled”: Work and Mobility among Mexican Migrants“Contrasting governments’ developmentalist rhetoric with the way their policies are actually designed and implemented, this thoughtful study makes an important contribution to a key debate in contemporary development policy.” GAY SEIDMAN, Martindale Bascom Professor of Sociology, University of Wisconsin—Madison“Bakker offers a cautionary tale of how international policy entrepreneurs’ commitment to an ideology of market fundamentalism reduced their approach to addressing the human rights of migrants in the post-9/11 world to lowering the costs of wire transfers and banking the un-banked.” DAVID SPENER, Professor of Sociology, Trinity University and author of Clandestine Crossings: Migrants and Coyotes on the Texas-Mexico BorderMATT BAKKER is Assistant Professor of Sociology at Marymount University.0400Introducing the Remittances-to-Development Agenda Facts, Figures, and the Politics of Measurement Forging the Remittances-to- Development Nexus Bringing Remittances into the North American Economic-Integration Project From Promise to Practice Conclusions3000We understand very little about the billions of dollars that flow throughout the world from migrants back to their home countries. In this rigorous and illuminating work, Matt Bakker, an economic sociologist, examines how these migrant remittances—the resources of some of the world’s least affluent people—have come to be seen in recent years as a fundamental contributor to development in the migrant?sending states of the global south. This book analyzes how the connection between remittances and development was forged through the concrete political and intellectual practices of policy entrepreneurs within a variety of institutional settings, from national government agencies and international development organizations to nongovernmental policy foundations and think tanks.“Migrating into Financial Markets offers a much-needed interpretation of the institutions that frame migration. In this fascinating account, Bakker shows how, unable to come up with a political solution to large-scale migration, Mexico and the United States recast migrants as private actors of economic and social development.” RUBÉN HERNÁNDEZ-LEÓN, coauthor of Skills of the “Unskilled”: Work and Mobility among Mexican Migrants“Contrasting governments’ developmentalist rhetoric with the way their policies are actually designed and implemented, this thoughtful study makes an important contribution to a key debate in contemporary development policy.” GAY SEIDMAN, Martindale Bascom Professor of Sociology, University of Wisconsin—Madison“Bakker offers a cautionary tale of how international policy entrepreneurs’ commitment to an ideology of market fundamentalism reduced their approach to addressing the human rights of migrants in the post-9/11 world to lowering the costs of wire transfers and banking the un-banked.” DAVID SPENER, Professor of Sociology, Trinity University and author of Clandestine Crossings: Migrants and Coyotes on the Texas-Mexico BorderMATT BAKKER is Assistant Professor of Sociology at Marymount University.2000Open Access01000302https://storage.googleapis.com/rua-ucp/files/media/cover_images/13b84134-3fef-44bb-8706-c9f512c48d40.jpg1030610.1525/luminos.5.aChapter0101Introducing the Remittances-to-Development Agenda1A01Matt BakkerMattBakkerSociology Marymount UniversityMATT BAKKER is Assistant Professor of Sociology at Marymount University.01eng12remittances-to-development agenda12state-led transnationalism12market fundamentalism12development tool12development discourse2000Open Access2030610.1525/luminos.5.bChapter0101Facts, Figures, and the Politics of Measurement1A01Matt BakkerMattBakkerSociology Marymount UniversityMATT BAKKER is Assistant Professor of Sociology at Marymount University.01eng12policy entrepreneurs12politics of expertise12remittances as a financial flow12soft power12data collection techniques2000Open Access3030610.1525/luminos.5.cChapter0101Forging the Remittances-to- Development Nexus1A01Matt BakkerMattBakkerSociology Marymount UniversityMATT BAKKER is Assistant Professor of Sociology at Marymount University.01eng12neoliberal globalization12market fundamentalism12market-based solutions12remittance transfer costs12financial democracy12innovative financial mechanisms2000Open Access4030610.1525/luminos.5.dChapter0101Bringing Remittances into the North American Economic-Integration Project1A01Matt BakkerMattBakkerSociology Marymount UniversityMATT BAKKER is Assistant Professor of Sociology at Marymount University.01eng12state-led transnationalism12Mexican government12emigrant policies12emigration policies12market-centric12intergovernmental collaboration2000Open Access5030610.1525/luminos.5.eChapter0101From Promise to Practice1A01Matt BakkerMattBakkerSociology Marymount UniversityMATT BAKKER is Assistant Professor of Sociology at Marymount University.01eng12financial democracy12remittance recipients12Directo a México12remittance transfer service2000Open Access6030610.1525/luminos.5.fChapter0101Conclusions1A01Matt BakkerMattBakkerSociology Marymount UniversityMATT BAKKER is Assistant Professor of Sociology at Marymount University.01eng12paradox of neoliberal policymaking12market-based development tool12transnational engagement policies2000Open Access01URLhttps://www.luminosoa.orgUniversity of California Press01University of California Press01Publisher’s corporate websitehttps://www.luminosoa.org02Publisher’s website for a specified workhttps://www.luminosoa.org/books/m/10.1525/luminos.5California040120150930The Author(s)02WORLD0615978-0-520-28546-0WORLD11Unknown36Supplier’s website for a specified workhttps://www.luminosoa.org29Supplier’s website: download the titlehttps://www.luminosoa.org/books/6/files/682bcb1a-e19e-455a-997f-4bfd5e393823.pdf20082015093001ucp-6-m-15-978-0-520-28546-0030115978-0-520-28546-00610.1525/luminos.501internal-reference600BCB20210025.5in030.6in080.80027801106lb018.5inCreative Commons Attribution (CC-BY)02http://creativecommons.org/licenses/by/4.0/0101Migrating into Financial MarketsHow Remittances Became a Development Tool1A01Matt BakkerMattBakkerSociology Marymount UniversityMATT BAKKER is Assistant Professor of Sociology at Marymount University.01eng002950323User DefinedEconomics23User DefinedFinance23User DefinedSustainable development12remittances12neoliberal globalization12market-based development12financial markets12governmental work12international institutions12remittances experts12policy entrepreneurs01010300We understand very little about the billions of dollars that flow throughout the world from migrants back to their home countries. In this rigorous and illuminating work, Matt Bakker, an economic sociologist, examines how these migrant remittances—the resources of some of the world’s least affluent people—have come to be seen in recent years as a fundamental contributor to development in the migrant?sending states of the global south. This book analyzes how the connection between remittances and development was forged through the concrete political and intellectual practices of policy entrepreneurs within a variety of institutional settings, from national government agencies and international development organizations to nongovernmental policy foundations and think tanks.“Migrating into Financial Markets offers a much-needed interpretation of the institutions that frame migration. In this fascinating account, Bakker shows how, unable to come up with a political solution to large-scale migration, Mexico and the United States recast migrants as private actors of economic and social development.” RUBÉN HERNÁNDEZ-LEÓN, coauthor of Skills of the “Unskilled”: Work and Mobility among Mexican Migrants“Contrasting governments’ developmentalist rhetoric with the way their policies are actually designed and implemented, this thoughtful study makes an important contribution to a key debate in contemporary development policy.” GAY SEIDMAN, Martindale Bascom Professor of Sociology, University of Wisconsin—Madison“Bakker offers a cautionary tale of how international policy entrepreneurs’ commitment to an ideology of market fundamentalism reduced their approach to addressing the human rights of migrants in the post-9/11 world to lowering the costs of wire transfers and banking the un-banked.” DAVID SPENER, Professor of Sociology, Trinity University and author of Clandestine Crossings: Migrants and Coyotes on the Texas-Mexico BorderMATT BAKKER is Assistant Professor of Sociology at Marymount University.0200We understand very little about the billions of dollars that flow throughout the world from migrants back to their home countries. In this rigorous and illuminating work, Matt Bakker, an economic sociologist, examines how these migrant remittances—the resources of some of the world’s least affluent people—have come to be seen in recent years as a fundamental contributor to development in the migrant?sending states of the global south. This book analyzes how the connection between remittances and development was forged through the concrete political and intellectual practices of policy entrepreneurs within a variety of institutional settings, from national government agencies and international development organizations to nongovernmental policy foundations and think tanks.“Migrating into Financial Markets offers a much-needed interpretation of the institutions that frame migration. In this fascinating account, Bakker shows how, unable to come up with a political solution to large-scale migration, Mexico and the United States recast migrants as private actors of economic and social development.” RUBÉN HERNÁNDEZ-LEÓN, coauthor of Skills of the “Unskilled”: Work and Mobility among Mexican Migrants“Contrasting governments’ developmentalist rhetoric with the way their policies are actually designed and implemented, this thoughtful study makes an important contribution to a key debate in contemporary development policy.” GAY SEIDMAN, Martindale Bascom Professor of Sociology, University of Wisconsin—Madison“Bakker offers a cautionary tale of how international policy entrepreneurs’ commitment to an ideology of market fundamentalism reduced their approach to addressing the human rights of migrants in the post-9/11 world to lowering the costs of wire transfers and banking the un-banked.” DAVID SPENER, Professor of Sociology, Trinity University and author of Clandestine Crossings: Migrants and Coyotes on the Texas-Mexico BorderMATT BAKKER is Assistant Professor of Sociology at Marymount University.0400Introducing the Remittances-to-Development Agenda Facts, Figures, and the Politics of Measurement Forging the Remittances-to- Development Nexus Bringing Remittances into the North American Economic-Integration Project From Promise to Practice Conclusions3000We understand very little about the billions of dollars that flow throughout the world from migrants back to their home countries. In this rigorous and illuminating work, Matt Bakker, an economic sociologist, examines how these migrant remittances—the resources of some of the world’s least affluent people—have come to be seen in recent years as a fundamental contributor to development in the migrant?sending states of the global south. This book analyzes how the connection between remittances and development was forged through the concrete political and intellectual practices of policy entrepreneurs within a variety of institutional settings, from national government agencies and international development organizations to nongovernmental policy foundations and think tanks.“Migrating into Financial Markets offers a much-needed interpretation of the institutions that frame migration. In this fascinating account, Bakker shows how, unable to come up with a political solution to large-scale migration, Mexico and the United States recast migrants as private actors of economic and social development.” RUBÉN HERNÁNDEZ-LEÓN, coauthor of Skills of the “Unskilled”: Work and Mobility among Mexican Migrants“Contrasting governments’ developmentalist rhetoric with the way their policies are actually designed and implemented, this thoughtful study makes an important contribution to a key debate in contemporary development policy.” GAY SEIDMAN, Martindale Bascom Professor of Sociology, University of Wisconsin—Madison“Bakker offers a cautionary tale of how international policy entrepreneurs’ commitment to an ideology of market fundamentalism reduced their approach to addressing the human rights of migrants in the post-9/11 world to lowering the costs of wire transfers and banking the un-banked.” DAVID SPENER, Professor of Sociology, Trinity University and author of Clandestine Crossings: Migrants and Coyotes on the Texas-Mexico BorderMATT BAKKER is Assistant Professor of Sociology at Marymount University.2000Open Access01000302https://storage.googleapis.com/rua-ucp/files/media/cover_images/13b84134-3fef-44bb-8706-c9f512c48d40.jpg1030610.1525/luminos.5.aChapter0101Introducing the Remittances-to-Development Agenda1A01Matt BakkerMattBakkerSociology Marymount UniversityMATT BAKKER is Assistant Professor of Sociology at Marymount University.01eng12remittances-to-development agenda12state-led transnationalism12market fundamentalism12development tool12development discourse2000Open Access2030610.1525/luminos.5.bChapter0101Facts, Figures, and the Politics of Measurement1A01Matt BakkerMattBakkerSociology Marymount UniversityMATT BAKKER is Assistant Professor of Sociology at Marymount University.01eng12policy entrepreneurs12politics of expertise12remittances as a financial flow12soft power12data collection techniques2000Open Access3030610.1525/luminos.5.cChapter0101Forging the Remittances-to- Development Nexus1A01Matt BakkerMattBakkerSociology Marymount UniversityMATT BAKKER is Assistant Professor of Sociology at Marymount University.01eng12neoliberal globalization12market fundamentalism12market-based solutions12remittance transfer costs12financial democracy12innovative financial mechanisms2000Open Access4030610.1525/luminos.5.dChapter0101Bringing Remittances into the North American Economic-Integration Project1A01Matt BakkerMattBakkerSociology Marymount UniversityMATT BAKKER is Assistant Professor of Sociology at Marymount University.01eng12state-led transnationalism12Mexican government12emigrant policies12emigration policies12market-centric12intergovernmental collaboration2000Open Access5030610.1525/luminos.5.eChapter0101From Promise to Practice1A01Matt BakkerMattBakkerSociology Marymount UniversityMATT BAKKER is Assistant Professor of Sociology at Marymount University.01eng12financial democracy12remittance recipients12Directo a México12remittance transfer service2000Open Access6030610.1525/luminos.5.fChapter0101Conclusions1A01Matt BakkerMattBakkerSociology Marymount UniversityMATT BAKKER is Assistant Professor of Sociology at Marymount University.01eng12paradox of neoliberal policymaking12market-based development tool12transnational engagement policies2000Open Access01URLhttps://www.luminosoa.orgUniversity of California Press01University of California Press01Publisher’s corporate websitehttps://www.luminosoa.org02Publisher’s website for a specified workhttps://www.luminosoa.org/books/m/10.1525/luminos.5California040120150930The Author(s)02WORLD0615978-0-520-96093-00615978-0-520-96093-00615978-0-520-96093-0WORLD11Unknown20082015093008