161. The North-South Divide in Everyday Life: Londoners Sending Money "Home"
- Author:
- Anna Lindley
- Publication Date:
- 06-2009
- Content Type:
- Journal Article
- Journal:
- Bildhaan: An International Journal of Somali Studies
- Institution:
- Macalester College
- Abstract:
- These views neatly capture the ambiguous feelings that soon become apparent when asking Somali Londoners about sending money “home.” A relative minority of the Somali regions' so-called “missing million” have settled in the Global North, but they provide the bulk of remittance funds. A key node in global trade and finance, London has also witnessed “globalisation from below”: by the beginning of the 21st century over one third of the workforce was born abroad. While the dynamics and impact of immigration and asylum in London are relatively well-recorded and well-researched, the fact that London is also a key source of remittances for poorer countries has only come to the attention of researchers and policymakers in recent years. The World Bank in 2008 suggested that migrants in the U.K. sent official remittances amounting to some $4.5 billion in 2006.
- Political Geography:
- United Kingdom, London, and Somalia