Globalisation and the Commodification of Labour: Temporary Labour Migration (Report‪)‬

Introduction There has been growing interest over the last decade in the import of international migration as an economic force that could provide renewed growth potential for the developing economies of the world. A migration-development discourse identifies the potential that has been engendered by the dramatic increase in the magnitude of officially recorded income which migrants are remitting to their home countries. Remittances afford the promise of enhancing economic wellbeing because, as has been widely argued, the increased significance of remittances provides a growing source of foreign exchange and source of capital that in many instances exceeds private international capital flows and the official development assistance to developing countries.