Migration Becomes a Trending Topic at New York Fashion Week
The recent transportation and telecommunications revolution has provided new opportunities for migrants, allowing them to maintain transnational ties, livelihoods, and identities. Fashion designers have been exploring the impact of migration in fashion and accessories this season. And, as a result, migration has become a trending topic at New York Fashion week.
Positive views on migration and development
The debate on migration and development has often swung back and forth. Until the 1990s, it was characterized by pessimism. More recently, optimistic views have gained ground. This shift is part of a larger paradigmatic shift in development and social theory. However, there is still much debate over the role of migration.
In the 1950s and 1960s, many development theorists saw return migrants as important agents of change, innovation, and entrepreneurial attitudes. They believed that remittances would facilitate income redistribution and development more than large bureaucratic development programs. In addition, remittances played an important role in stimulating economic growth.
The optimistic view of migration was rooted in studies of rural-to-urban migration in Europe and North America. It reflected the “developmentalist” view of development, which dominated development theory for the first two decades following the Second World War. According to this view, newly decolonized countries would follow the path of Western modernization.
Importance of remittances
Remittances are the bread and butter of the poor, while being a vehicle for transnationalization for the rich. As a result, they reshape social conflict and shift the balance of power in society in favor of the elites. In addition, transnationalism erodes the bargaining power of the subaltern class. Opportunities for subaltern participation in society are limited or nonexistent, while migrants’ reliance on translocal moral economies is high.
Remittances are money transfers made to friends or family in another country. They help millions of people in developing countries buy basic household goods and pay for housing and education. They are also the largest source of foreign exchange for developing countries. However, the process is associated with high fees and fraud. As a result, some companies are trying to reinvent the money transfer process and make it cheaper and easier for consumers.
Remittances play a significant role in schooling, particularly for disadvantaged children. In South Africa, for example, where remittances are concentrated amongst Blacks at the bottom and middle of the income distribution, they can tip the balance for economically marginal families. Remittances are also an important tool for investing in small businesses and agriculture.