1.

Record Nr.

UNINA9910456724303321

Titolo

Remittance markets in Africa [[electronic resource] /] / Sanket Mohapatra and Dilip Ratha, editors

Pubbl/distr/stampa

Washington, D.C., : World Bank, 2011

ISBN

1-283-10006-1

9786613100061

0-8213-8553-4

Descrizione fisica

1 online resource (380 p.)

Collana

Directions in development. Finance

Altri autori (Persone)

MohapatraSanket <1975->

RathaDilip

Disciplina

332.450869120967

Soggetti

Emigrant remittances - Africa, Sub-Saharan

Economic development - Finance - Africa, Sub-Saharan

Financial services industry - Africa, Sub-Saharan

Africans - Economic aspects - Europe, Western

Immigrants - Economic aspects - Europe, Western

Electronic books.

Africa, Sub-Saharan Emigration and immigration Economic aspects

Africa, Sub-Saharan Economic conditions

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Description based upon print version of record.

Nota di bibliografia

Includes bibliographical references and index.

Nota di contenuto

Remittance markets in Sub-Saharan Africa : an overview / Sanket Mohapatra and Dilip Ratha. Remittance markets in remittance-receiving countries. Burkina Faso / Yiriyibin Bambio -- Cape Verde / Georgiana Pop -- Ethiopia / Alemayehu Geda and Jacqueline Irving -- Ghana / Peter Quartey -- Kenya / Rose Ngugi -- Nigeria / Chukwuma Agu -- Senegal / Fatou Cisse -- Uganda / Rose Ngugi. Remittance markets in remittance-source countries. France / Frederic Ponsot -- United Kingdom / Leon Isaacs.

Sommario/riassunto

Remittances sent by African migrants have become an important source of external finance for countries in the Sub-Saharan African region. In many African countries, these flows are larger than foreign direct investment and portfolio debt and equity flows. In some cases, they are



similar in size to official aid from multilateral and bilateral donors. Remittance markets in Africa, however, remain less developed than other regions. The share of informal or unrecorded remittances is among the highest for Sub-Saharan African countries. Remittance costs tend to be significantly higher in Africa both