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2009 (1)

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Book
Making remittances work : balancing financial integrity and inclusion
Authors: ---
ISBN: 146480110X 1464801096 Year: 2014 Publisher: Washington, DC : World Bank,

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Abstract

H.M. Queen Máxima of the Netherlands, United Nations Secretary-General's Special Advocate for Inclusive Finance for Development stated that 'the impact of helping migrants and their families will be lasting and global if we link remittances to other financial services and make them more affordable and more relevant to their needs."" Remittances are a critical source of financing for most developing countries. The importance of remittances goes beyond numbers. For many households in developing countries, they are probably the most stable source of primary or additional income. At the same time,


Book
The Canada-Caribbean remittance corridor : fostering formal remittances to Haiti and Jamaica through effective regulation
Authors: --- --- ---
ISBN: 0821379194 9786613196507 1283196506 0821379232 9780821379196 9780821379233 Year: 2009 Publisher: Washington, D.C. : World Bank,

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Abstract

Several economies in the Caribbean region, especially from the lower income group, are highly dependent on remittances. Between 1991 and 2006, the combined flows of total remittances reaching the Caribbean have seen almost a 17% average annual growth rate, surpassing USD 6 billion in 2005 and overtaking ODA and FDI into the region. In addition, remittances represent more than 20% of the domestic gross domestic product (GDP) in some Caribbean countries and have played a significant role in lessening both balance of payment deficits and the impact of natural disasters to which the region is parti

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