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Title Remittance markets in Africa / Sanket Mohapatra and Dilip Ratha, editors
Published Washington, D.C. : World Bank, ©2011

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Description 1 online resource (xxi, 352 pages) : illustrations
Series Directions in development. Finance
Directions in development (Washington, D.C.). Finance.
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
English
digitized 2011 HathiTrust Digital Library committed to preserve pda MiAaHDL
Subject Emigrant remittances -- Africa, Sub-Saharan
Economic development -- Africa, Sub-Saharan -- Finance
Financial services industry -- Africa, Sub-Saharan
Africans -- Economic aspects -- Europe, Western
Immigrants -- Economic aspects -- Europe, Western
BUSINESS & ECONOMICS -- Foreign Exchange.
Economic development -- Finance
Economic history
Emigrant remittances
Emigration and immigration -- Economic aspects
Financial services industry
Immigrants -- Economic conditions
Migration
Zahlungsverkehr
Envois de fonds -- Afrique noire.
Immigrés -- Europe de l'Ouest.
Développement économique -- Finances -- Afrique noire.
Services financiers -- Finances -- Afrique noire.
SUBJECT Africa, Sub-Saharan -- Emigration and immigration -- Economic aspects
Africa, Sub-Saharan -- Economic conditions. http://id.loc.gov/authorities/subjects/sh85001673
Subject Sub-Saharan Africa
Western Europe
Subsaharisches Afrika
Afrique noire -- Émigration et immigration -- Aspect économique.
Afrique noire -- Conditions économiques -- 1960- ...
Form Electronic book
Author Mohapatra, Sanket, 1975-
Ratha, Dilip.
LC no. 2011013215
ISBN 9780821384756
0821384759
9780821385531
0821385534
1283100061
9781283100069
9786613100061
6613100064