20 July, 2008
This paper will appear later in 2008 as part of a special issue of Contemporary Politics.
As of 02.10.08, the published version is available here for free download.
The paper explores flows of international remittances through the lens of the financialisation literature and identifies new ‘developing geographies of financialisation’. It argues that there are two key types of financialisation (i) an intermediated version, via the expansion of retail finance on the back of remittance flows, and (ii) a disintermediated version, via the securitisation of remittance flows. The article also identifies the need to appropriate what were previously private and informal flows and bring them into the ‘global development architecture’. This is done so under the premise of a crisis of development financing.