LEADER 05402nam 2200685 a 450 001 9910464666503321 005 20200520144314.0 010 $a1-283-49178-8 010 $a9786613491787 010 $a0-8213-8934-3 035 $a(CKB)3460000000023793 035 $a(EBL)868319 035 $a(OCoLC)778459776 035 $a(SSID)ssj0000590470 035 $a(PQKBManifestationID)12231571 035 $a(PQKBTitleCode)TC0000590470 035 $a(PQKBWorkID)10665737 035 $a(PQKB)11203410 035 $a(MiAaPQ)EBC868319 035 $a(Au-PeEL)EBL868319 035 $a(CaPaEBR)ebr10530607 035 $a(CaONFJC)MIL349178 035 $a(EXLCZ)993460000000023793 100 $a20120105d2012 uy 0 101 0 $aeng 135 $aurcn||||||||| 181 $ctxt 182 $cc 183 $acr 200 14$aThe remittance market in India$b[electronic resource] $eopportunities, challenges, and policy options /$fby Gabi G. Afram 210 $aWashington, D.C. $cWorld Bank$d2012 215 $a1 online resource (138 p.) 225 1 $aDirections in development. Finance 300 $aDescription based upon print version of record. 311 $a0-8213-8972-6 320 $aIncludes bibliographical references. 327 $aContents; Acknowledgments; Executive Summary; List of Abbreviations; Introduction; Importance of Remittances; Purpose of the Study; Note; References; Chapter 1 Migration from India: Patterns and Characteristics; Migration from India; Profile of Migrants from India; Diaspora Bonds; Notes; References; Chapter 2 International Remittance Flows to India: Importance, Trends, Costs, and Link to Financial Access; Importance of Remittance Flows to India; Sources of Remittance Flows to India; Inward Remittances and NRI Deposit Schemes; Impact of the Global Financial Crisis on Remittance Flows to India 327 $aCosts of Sending Remittances to India Leveraging Remittance Flows for Financial Access in India; Notes; References; Chapter 3 The Remittance Market in India; The Players; Regulatory Environment; The Prevalent Operational Schemes; Notes; Reference; Chapter 4 Diagnostic of the Remittance Market in India; Transparency and Consumer Protection: The Market for Remittance Services Should Be Transparent and Have Adequate Consumer Protection (GP 1) 327 $aPayment System Infrastructure: Improvements to Payment System Infrastructure That Have the Potential to Increase the Efficiency of Remittance Services Should Be Encouraged (GP 2)Legal and Regulatory Environment: Remittance Services Should Be Supported by a Sound, Predictable, Nondiscriminatory, and Proportionate Legal and Regulatory Framework in Relevant Jurisdictions (GP 3); Market Structure and Competition: Competitive Market Conditions, Including Appropriate Access to Domestic Payments Infrastructures, Should Be Fostered in the Remittance Industry (GP 4) 327 $aGovernance and Risk Management: Remittance Services Should Be Supported by Appropriate Governance and Risk Management Practices (GP 5)The Role of Remittance Service Providers: To Participate Actively in the Implementation of the GPs; The Role of Public Authorities: To Evaluate What Action to Take to Achieve the Public Policy Objectives through Implementation of the GPs; Policy Recommendations to Improve Financial Access through Remittance-Linked Financial Products; Notes; References; Appendix A The Other Side of the Story: Migration to India and Outward Remittances from India; Note 327 $aReferences Appendix B Synopsis on Remittance Costs and Global Endeavors to Reduce These Costs; Remittance Costs: An International Perspective; Global Endeavors to Lower Cost of Remittances; Note; References; Appendix C Mexico: Remittance Accounts; Notes; Reference; Appendix D Model Remittances Customer Charter; Appendix E Bibliography; Boxes; 3.1 Remit 2 India; 4.1 The Philippines: RuralNet; 4.2 Key Features and Benefits of a Common Infrastructure for Remittance Instructions; 4.3 Connecting Domestic ACHs across Borders 327 $a4.4 Savings-Led Approach to Increase Financial Services for Remittance Recipients 330 $aMillions of migrants worldwide send billions of dollars in remittances each year to their families or communities of origin. In many developing countries, remittances are an important source of family and national income and also are the largest source of external financing. Remittances are better targeted at the needs of the poor than foreign aid or foreign direct investment (FDI) as recipients often depend on remittances to cover daily living expenses, to provide a cushion against emergencies, or to make small investments in business or education. Therefore, international remittance services 410 0$aDirections in development (Washington, D.C.).$pFinance. 606 $aEmigrant remittances$zIndia 606 $aCapital movements$zIndia 607 $aIndia$xEmigration and immigration$xEconomic aspects 608 $aElectronic books. 615 0$aEmigrant remittances 615 0$aCapital movements 676 $a332/.042460954 700 $aAfram$b Gabi G$g(Gabi George)$01030087 712 02$aWorld Bank. 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910464666503321 996 $aThe remittance market in India$92446836 997 $aUNINA