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Author : Manuel Orozco,Rachel Fedewa
Publisher : BID-INTAL
Page : 48 pages
File Size : 54,5 Mb
Release : 2006
Category : Electronic
ISBN : 9789507382529
Author : Christopher Woodruff
Publisher : BID-INTAL
Page : 42 pages
File Size : 41,9 Mb
Release : 2007
Category : Electronic
ISBN : 9789507382574
Author : Catalina Amuedo Dorantes,Susan Pozo,Tania Sainz
Publisher : BID-INTAL
Page : 42 pages
File Size : 48,7 Mb
Release : 2007
Category : Electronic
ISBN : 9789507382567
Author : Rafael Cornejo,Jeremy Harris
Publisher : BID-INTAL
Page : 58 pages
File Size : 43,8 Mb
Release : 2007
Category : Electronic
ISBN : 9789507382703
Author : J. Ernesto López Córdova
Publisher : BID-INTAL
Page : 54 pages
File Size : 52,5 Mb
Release : 2006
Category : Economic development
ISBN : 9789507382406
In this paper we survey the recent literature assessing the development impact of international migrant remittances. We begin by arguing that international migration should be fully incorporated in ongoing debates on the impact of globalization. We show that, despite methodological challenges, there is an emerging body of evidence suggesting that migrant remittances can have an important impact on development and household welfare. Remittances appear to help in poverty reduction, accumulation of human capital, investment and saving. Finally, we offer an account of existing policies and recommendations to facilitate remittance flows and to take advantage of their developmental potential.
Author : J. Ernesto López Córdova
Publisher : BID-INTAL
Page : 60 pages
File Size : 41,8 Mb
Release : 2006
Category : Economic development
ISBN : 9789507382413
In this paper, we present evidence indicating that international migrant remittances lead to improved developmental outcomes. Using a cross-section of all Mexican municipalities (over 2400) in the year 2000, we show that an increase in the fraction of households receiving international remittances is correlated with better schooling and health indicators and with reductions in poverty, even after controlling for the likely endogeneity between remittances and developmental outcome variables. Our findings have important policy implications as they suggest that national governments and the international community should adopt measures that facilitate remittance flows.
Author : Gordon H. Hanson
Publisher : BID-INTAL
Page : 48 pages
File Size : 49,9 Mb
Release : 2007
Category : Electronic
ISBN : 9789507382598
Author : Anonim
Publisher : World Bank Publications
Page : 88 pages
File Size : 46,6 Mb
Release : 2006-01-01
Category : Social Science
ISBN : 9780821367834
This study gives an overview of the intermediation of worker remittance flows from the United States to Guatemala. In contrast to other remittance corridors in the world, most transfers in this corridor are channeled in the United States through the formal sector, and distributed in Guatemala through the banking system. However, both senders and receivers have little access to financial products and services. This study argues that in a country characterized by high income inequality and low and concentrated access to credit, the large role played by domestic banks in distributing remittances seems promising in terms of creating a point of contact that could lead to cross-sales of other financial services. The report also argues that authorities have an important coordination and catalytic role to play, for increased efficiency in remittance intermediation, fostering competition, and ultimately highlighting the potential for greater access. The report concludes with specific avenues for further policy action in terms of transparency, regulatory environment, financial literacy and access, risk
Author : Robert Devlin,Lucio Castro
Publisher : BID-INTAL
Page : 47 pages
File Size : 47,6 Mb
Release : 2002
Category : Electronic
ISBN : 9789507381355
Author : Paola Giuliano,Marta Ruiz-Arranz
Publisher : INTERNATIONAL MONETARY FUND
Page : 39 pages
File Size : 47,6 Mb
Release : 2005-12-01
Category : Electronic
ISBN : 1451862539
There has been little systematic empirical study on the relationship between remittances and growth. This paper attempts to examine this relationship. Using a newly constructed crosscountry of data series for remittances covering a large sample of developing countries, we relate the interaction between remittances and financial development and its impact on growth. We analyze how a country's capacity to use remittances and its effectiveness in doing so might be influenced by local financial sector conditions. Given the difficulty of borrowing in developing countries, we explore the hypothesis that remittances can substitute for a lack of financial development and hence promote growth. The empirical analysis shows that remittances can promote growth in less financially developed countries. This relationship controls for the endogeneity of remittances and financial development using a Generalized Method of Moments (GMM) approach, does not depend on the particular measure of financial sector development used, and is robust to a number of sensitivity tests.
Author : Reena Aggarwal,Aslı Demirgüç-Kunt,Maria Soledad Martinez Peria
Publisher : World Bank Publications
Page : 48 pages
File Size : 49,7 Mb
Release : 2006
Category : Desarrollo financiero
ISBN : UCSD:31822034390161
"Workers' remittances to developing countries have become the second largest type of flows after foreign direct investment. The authors use data on workers' remittance flows to 99 developing countries from 1975-2003 to study the impact of remittances on financial sector development. In particular, they examine whether remittances contribute to increasing the aggregate level of deposits and credit intermediated by the local banking sector. This is an important question considering the extensive literature that has documented the growth-enhancing and poverty-reducing effects of financial development. The findings provide strong support for the notion that remittances promote financial development in developing countries."--World Bank web site.
Author : Isaku Endo,Sarah Hirsch,Jan Rogge,Kamil Borowik
Publisher : World Bank Publications
Page : 96 pages
File Size : 52,6 Mb
Release : 2010-03-12
Category : Technology & Engineering
ISBN : 0821381466
This paper provides an overview of remittances and migration between Honduras and the United States and analyzes the remittance regulatory and market environment, including financial inclusion strategies, transnational economic activities, and the impact of remittances on the Honduran economy. 'The U.S.-Honduras Remittance Corridor' makes policy recommendations to the authorities of Honduras and the United States, especially for regulatory reforms that promote the integrity and efficiency of money transfer businesses. We also recommend the development of financial infrastructures in rural areas for better distribution of remittances. Furthermore, we suggest that public policy should be more focused on building an environment for investment in the community and developing local businesses that export to Honduran communities abroad.
Author : Mr.Giovanni Dell'Ariccia,Caio Ferreira,Nigel Jenkinson,Mr.Luc Laeven,Alberto Martin,Ms.Camelia Minoiu,Alex Popov
Publisher : International Monetary Fund
Page : 54 pages
File Size : 42,9 Mb
Release : 2018-09-07
Category : Business & Economics
ISBN : 9781484359624
This paper reviews empirical and theoretical work on the links between banks and their governments (the bank-sovereign nexus). How significant is this nexus? What do we know about it? To what extent is it a source of concern? What is the role of policy intervention? The paper concludes with a review of recent policy proposals.
Author : Mr.Barry J. Eichengreen,Mr.Balazs Csonto,Ms.Asmaa A ElGanainy,Zsoka Koczan
Publisher : International Monetary Fund
Page : 37 pages
File Size : 51,7 Mb
Release : 2021-01-08
Category : Business & Economics
ISBN : 9781513566382
We review the debate on the association of financial globalization with inequality. We show that the within-country distributional impact of capital account liberalization is context specific and that different types of flows have different distributional effects. Their overall impact depends on the composition of capital flows, their interaction, and on broader economic and institutional conditions. A comprehensive set of policies – macroeconomic, financial and labor- and product-market specific – is important for facilitating wider sharing of the benefits of financial globalization.
Author : World Bank
Publisher : World Bank Publications
Page : 470 pages
File Size : 48,5 Mb
Release : 1996
Category : Business & Economics
ISBN : UCSD:31822023394448
This edition of the World Bank has been revised and expanded by the Terminology Unit in the Languages Services Division of the World Bank in collaboration with the English, Spanish, and French Translation Sections. The Glossary is intended to assist the Bank's translators and interpreters, other Bank staff using French and Spanish in their work, and free-lance translator's and interpreters employed by the Bank. For this reason, the Glossary contains not only financial and economic terminology and terms relating to the Bank's procedures and practices, but also terms that frequently occur in Bank documents, and others for which the Bank has a preferred equivalent. Although many of these terms, relating to such fields as agriculture, education, energy, housing, law, technology, and transportation, could be found in other sources, they have been assembled here for ease of reference. A list of acronyms occurring frequently in Bank texts (the terms to which they refer being found in the Glossary) and a list of international, regional, and national organizations will be found at the end of the Glossary.
