1.

Record Nr.

UNINA9910786681003321

Autore

Todoroki Emiko

Titolo

Making remittances work : balancing financial integrity and inclusion / / Emiko Todoroki, Wameek Noor, Kuntay Celik, Anoma Kulathunga

Pubbl/distr/stampa

Washington, DC : , : World Bank, , 2014

ISBN

1-4648-0110-X

Descrizione fisica

1 online resource (pages cm)

Collana

Directions in development

Disciplina

332/.04246

Soggetti

Emigrant remittances

Migrant remittances

Foreign exchange

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.

Nota di contenuto

Foreword -- Acknowledgments -- About the authors -- Glossary -- Abbreviations -- Executive summary -- Introduction -- How remittance markets operate -- Overview of remittances market business models and agent networks -- Risks associated with remittance transactions -- Regulatory frameworks for money transfer businesses -- Regulating market entry for money transfer businesses -- Supervisory frameworks for money transfer businesses -- Broader policy conclusions enabling the promotion of financial inclusion while achieving financial integrity -- References -- Boxes -- Figures -- Tables.

Sommario/riassunto

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,