By Allan Wall
10/09/2006
According to the United Nations Population Fund (UNFPA) which studies emigration, Mexico is the biggest exporter of human beings, i.e., the biggest source of immigrants in the world.However, on remittances, Mexico is #3, after China and India.
Alfonso Sandoval, of the UNFPA, says that the agency is carrying out a special analysis of Mexican emigration.
According to the article which reports this information,
"(Sandoval) emphasized that the remittances (to Mexico) have not become a real incentive for productive development in the regions of Mexico in which they are received."
Mexican central bank chief Guillermo Ortiz recently said something quite similar, that remittances provide a social safety net but are not a key lubricant of the Mexican economy.
Here’s what I wrote about remittance money sent to Mexico in a VDARE.COM article back in 2001:
"… it does serve as a source of income for many families, and probably keeps a number of grocery stores afloat. But as a source of long-term job-creating investment, the effectiveness of remittances is more dubious. About 95% of the remittance money is spent on food and day-to-day supplies, not in meaningful investment which increases long-term job creation. A small percentage of the remittance money has been donated to local communities for paving projects and refurbishing churches, and a smaller percentage specifically targeted to investment, but most of it is eaten up in groceries."
And as Ed Rubenstein explained in one of his VDARE.COM articles:
"Remittance receivers in Mexico are more likely to express an interest in emigrating to the U.S. (26%) than the general population (19 percent)."
As usual, you read these things first here at VDARE.COM.
This is a content archive of VDARE.com, which Letitia James forced off of the Internet using lawfare.