When the money stops: fluctuations in financial remittances and incumbent approval in Central Eastern Europe, the Caucasus and Central Asia

Fluctuations in the volume and the value of financial remittances received from abroad affect the livelihood of households in developing economies across the world. Yet, political scientists have little to say about how changes in remittances, as opposed to the receipt of remittance payments alone,...

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Main Authors: Tertytchnaya, K, De Vries, C, Solaz, H, Doyle, D
Format: Journal article
Published: Cambridge University Press 2018
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author Tertytchnaya, K
De Vries, C
Solaz, H
Doyle, D
author_facet Tertytchnaya, K
De Vries, C
Solaz, H
Doyle, D
author_sort Tertytchnaya, K
collection OXFORD
description Fluctuations in the volume and the value of financial remittances received from abroad affect the livelihood of households in developing economies across the world. Yet, political scientists have little to say about how changes in remittances, as opposed to the receipt of remittance payments alone, affect recipients’ political attitudes. Relying on a unique four-wave panel study of Kyrgyz citizens between 2010–2013 and a cross-sectional sample of 28 countries in Central Eastern Europe, the Caucasus and Central Asia, we show that when people experience a decrease (increase) in remittances, they become less (more) satisfied about their household economic situation and misattribute responsibility to the incumbent at home. Our findings advance the literature on the political consequences of remittance payments and suggest that far from exclusively being an international risk-sharing mechanism for developing countries, remittances can also drive fluctuations in incumbent approval and compromise rudimentary accountability mechanisms in the developing world.
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spelling oxford-uuid:1fc87bf4-c77a-4171-b1fa-7e6dfbd084c52022-03-26T11:23:56ZWhen the money stops: fluctuations in financial remittances and incumbent approval in Central Eastern Europe, the Caucasus and Central AsiaJournal articlehttp://purl.org/coar/resource_type/c_dcae04bcuuid:1fc87bf4-c77a-4171-b1fa-7e6dfbd084c5Symplectic Elements at OxfordCambridge University Press2018Tertytchnaya, KDe Vries, CSolaz, HDoyle, DFluctuations in the volume and the value of financial remittances received from abroad affect the livelihood of households in developing economies across the world. Yet, political scientists have little to say about how changes in remittances, as opposed to the receipt of remittance payments alone, affect recipients’ political attitudes. Relying on a unique four-wave panel study of Kyrgyz citizens between 2010–2013 and a cross-sectional sample of 28 countries in Central Eastern Europe, the Caucasus and Central Asia, we show that when people experience a decrease (increase) in remittances, they become less (more) satisfied about their household economic situation and misattribute responsibility to the incumbent at home. Our findings advance the literature on the political consequences of remittance payments and suggest that far from exclusively being an international risk-sharing mechanism for developing countries, remittances can also drive fluctuations in incumbent approval and compromise rudimentary accountability mechanisms in the developing world.
spellingShingle Tertytchnaya, K
De Vries, C
Solaz, H
Doyle, D
When the money stops: fluctuations in financial remittances and incumbent approval in Central Eastern Europe, the Caucasus and Central Asia
title When the money stops: fluctuations in financial remittances and incumbent approval in Central Eastern Europe, the Caucasus and Central Asia
title_full When the money stops: fluctuations in financial remittances and incumbent approval in Central Eastern Europe, the Caucasus and Central Asia
title_fullStr When the money stops: fluctuations in financial remittances and incumbent approval in Central Eastern Europe, the Caucasus and Central Asia
title_full_unstemmed When the money stops: fluctuations in financial remittances and incumbent approval in Central Eastern Europe, the Caucasus and Central Asia
title_short When the money stops: fluctuations in financial remittances and incumbent approval in Central Eastern Europe, the Caucasus and Central Asia
title_sort when the money stops fluctuations in financial remittances and incumbent approval in central eastern europe the caucasus and central asia
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