This thesis analyses which factors have contributed to the increase of remittances in Mexico. Three factors have been researched: governmental policies in Mexico, the social bonds of migrants and...Show moreThis thesis analyses which factors have contributed to the increase of remittances in Mexico. Three factors have been researched: governmental policies in Mexico, the social bonds of migrants and the financial costs of remitting. The results show that more inclusive and supportive governmental policies have been implemented to help Mexican migrants and at the same time of the increase of remittances, the costs of remitting have decreased substantially. There was, however, no substantial difference between the migrants that have remitted and the migrants that have not remitted and their social bonds. The remittances in Mexico have thus likely been boosted by more inclusive and protective governmental policies and by lowering of the financial costs of remitting.Show less
