Description |
1 online resource (xxi, 352 pages) : illustrations |
Series |
Directions in development. Finance |
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Directions in development (Washington, D.C.). Finance.
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Contents |
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 |
Summary |
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 for sending remittances from outside the region and for within-Africa (South-South) remittance corridors. At the same time, the remittance landscape in Africa is rapidly changing with the introduction of new remittance technologies, in particular mobile money transfers and branchless banking. This book presents findings of surveys of remittance service providers conducted in eight Sub-Saharan African countries and in three key destination countries. It looks at issues relating to costs, competition, innovation and regulation, and discusses policy options for leveraging remittances for development in Africa |
Analysis |
Economic development -- Africa, Sub-Saharan |
Bibliography |
Includes bibliographical references and index |
Notes |
Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. http://purl.oclc.org/DLF/benchrepro0212 MiAaHDL |
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English |
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digitized 2011 HathiTrust Digital Library committed to preserve pda MiAaHDL |
Subject |
Emigrant remittances -- Africa, Sub-Saharan
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Economic development -- Africa, Sub-Saharan -- Finance
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Financial services industry -- Africa, Sub-Saharan
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Africans -- Economic aspects -- Europe, Western
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Immigrants -- Economic aspects -- Europe, Western
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BUSINESS & ECONOMICS -- Foreign Exchange.
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Economic development -- Finance
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Economic history
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Emigrant remittances
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Emigration and immigration -- Economic aspects
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Financial services industry
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Immigrants -- Economic conditions
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Migration
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Zahlungsverkehr
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Envois de fonds -- Afrique noire.
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Immigrés -- Europe de l'Ouest.
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Développement économique -- Finances -- Afrique noire.
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Services financiers -- Finances -- Afrique noire.
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SUBJECT |
Africa, Sub-Saharan -- Emigration and immigration -- Economic aspects
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Africa, Sub-Saharan -- Economic conditions.
http://id.loc.gov/authorities/subjects/sh85001673
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Subject |
Sub-Saharan Africa
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Western Europe
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Subsaharisches Afrika
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Afrique noire -- Émigration et immigration -- Aspect économique.
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Afrique noire -- Conditions économiques -- 1960- ...
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Form |
Electronic book
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Author |
Mohapatra, Sanket, 1975-
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Ratha, Dilip.
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LC no. |
2011013215 |
ISBN |
9780821384756 |
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0821384759 |
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9780821385531 |
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0821385534 |
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1283100061 |
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9781283100069 |
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9786613100061 |
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6613100064 |
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