6533b827fe1ef96bd12859cf

RESEARCH PRODUCT

Migration, Productive Return and Human Capital: Lessons from the new Governmental Policy on Migration in Ecuador

Joan LacombaAlexis Cloquell

subject

Economic growthGovernmentHuman migrationbusiness.industry05 social sciences050602 political science & public administration0507 social and economic geographyCornerstonebusiness050703 geographyHuman capital0506 political scienceDemography

description

In 2008, the Government of Ecuador initiated a programme for productive return dubbed the Cucayo Fund, aimed at financing small businesses for migrants who were returning to the country. This programme has been a cornerstone in the new governmental policy on migration. In 2015, the IOM considered it an exemplary practice among the instruments enabling the economic and social reinsertion of returning migrants. In this article, based on the mining and analysis of the implementation data from the Cucayo Fund in the three provinces comprising Administrative Region No 7, we specifically examine the incidence of human capital accumulated by the migrants in the success of their ventures. Our results show that the experience and knowledge attained by the migrants abroad, and transfer of these to new activities, play a key and relevant role in the financed ventures and that, therefore, human capital must be incorporated with greater emphasis into debates on return.

https://doi.org/10.1111/imig.12314