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Labor Economics

The University of Southern Mississippi

Poverty Reduction

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Remittances As Contributor To Risk Management And Poverty Reduction In Grenada, Dianne Jntl Rosemary Forte May 2016

Remittances As Contributor To Risk Management And Poverty Reduction In Grenada, Dianne Jntl Rosemary Forte

Dissertations

A Small Island Development States (SIDS) viewpoint is underrepresented in the existing migration literature. That perspective is necessary because SIDS geography creates a unique set of social and economic circumstances that predisposes small states to high vulnerability to external shocks from environmental events and influences emigration decision making. Like other SIDS, Grenada is characterized by small land mass, small population, limited opportunities for productive labor, and limited resources to efficiently support all the requirements of modern institutions. This has resulted in high levels of emigration and a pattern of circularity as Grenadian households make rational decisions to manage risk and …