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The Us Honduras Remittance Corridor
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Book Synopsis The U.S.-Honduras Remittance Corridor by : Isaku Endo
Download or read book The U.S.-Honduras Remittance Corridor written by Isaku Endo and published by World Bank Publications. This book was released on 2010-03-12 with total page 99 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper provides an overview of remittances and migration between Honduras and the United States and analyzes the remittance regulatory and market environment, including financial inclusion strategies, transnational economic activities, and the impact of remittances on the Honduran economy. 'The U.S.-Honduras Remittance Corridor' makes policy recommendations to the authorities of Honduras and the United States, especially for regulatory reforms that promote the integrity and efficiency of money transfer businesses. We also recommend the development of financial infrastructures in rural areas for better distribution of remittances. Furthermore, we suggest that public policy should be more focused on building an environment for investment in the community and developing local businesses that export to Honduran communities abroad.
Book Synopsis Migration and Remittances Factbook 2016 by : Dilip Ratha
Download or read book Migration and Remittances Factbook 2016 written by Dilip Ratha and published by World Bank Publications. This book was released on 2016-04-08 with total page 299 pages. Available in PDF, EPUB and Kindle. Book excerpt: Remittances remain a key source of funds for developing countries, far exceeding official development assistance and even foreign direct investment. Remittances have proved to be more stable than private debt and portfolio equity flows, and less volatile than official aid flows, and their annual flow can match or surpass foreign exchange reserves in many small countries. Even in large emerging markets, such as India, remittances are equivalent to at least a quarter of total foreign exchange reserves. India, China, Philippines and Mexico are the top recipients of migrant remittances. The Migration and Remittances Factbook 2016 attempts to present numbers and facts behind the stories of international migration and remittances, drawing on authoritative, publicly available data. It provides a snapshot of statistics on immigration, emigration, skilled emigration, and remittance flows for 210 countries and 15 regional and income groups. The Migration and Remittances Factbook 2016 updates the 2011 edition of the Factbook with additional data on bilateral migration and remittances and second generation diasporas, collected from various sources, including national censuses, labor force surveys, population registers, and other national sources.
Book Synopsis The United States-Honduras Remittance Corridor by : Sarah Hirsch
Download or read book The United States-Honduras Remittance Corridor written by Sarah Hirsch and published by . This book was released on 2009 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: The report is part of the Bilateral Remittance Corridor Analysis (BRCA) initiative. The report US-Honduras Remittance Corridor: Acting on Opportunity to Increase Financial Inclusion and Foster Development of a Transnational Economy provides an overview of remittances and migration between the Honduras and the United State. The report analyzes the remittance regulatory and market environment, financial inclusion strategies by financial institutions, transnational economic activities, and the impacts of remittances on the Honduran economy. The chapter 2 provides analysis of remittance market environment including factors that influence migrants' choices of remittance channels, remittance market by type of remittance service providers, and cost of sending remittances. The chapter also analyzes regulatory frameworks including detailed requirements for financial institutions to conduct remittance services and requirements to comply with the anti-money laundering and combating the financing of terrorism framework in both the United States and Honduras. The chapter 3 examines remittances and access to financial services as well as financial inclusion strategies by financial institutions. The chapter four analyzes the development impact of remittances in rural Honduras through transnational economy, networks and diaspora engagement. These analyses of the U.S.-Honduras remittance corridor have led to a set of policy recommendations for the authorities of Honduras and the United States. Regulatory reforms in the remittance markets are urgently recommended in order to promote the integrity and efficiency of money transfer businesses. The report also recommends the development of financial infrastructures in rural areas for better distributions of remittances. It is recommended that public policy be directed to building an environment for diaspora's investments in the community and local business for exports to Honduran communities abroad.
Download or read book Global Economic Prospects 2006 written by and published by World Bank Publications. This book was released on with total page 182 pages. Available in PDF, EPUB and Kindle. Book excerpt: International migration, the movement of people across international boundaries to improve economic opportunity, has enormous implications for growth and welfare in both origin and destination countries. An important benefit to developing countries is the receipt of remittances or transfers from income earned by overseas emigrants. Official data show that development countries' remittance receipts totaled 160 billion in 2004, more than twice the size of official aid. This year's edition of Global Economic Prospects focuses on remittances and migration. The bulk of the book covers remittances.
Book Synopsis Remittance Markets in Africa by : Sanket Mohapatra
Download or read book Remittance Markets in Africa written by Sanket Mohapatra and published by World Bank Publications. This book was released on 2011-01-01 with total page 380 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis US-Guatemala Remittance Corridor by :
Download or read book US-Guatemala Remittance Corridor written by and published by World Bank Publications. This book was released on 2006-01-01 with total page 88 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study gives an overview of the intermediation of worker remittance flows from the United States to Guatemala. In contrast to other remittance corridors in the world, most transfers in this corridor are channeled in the United States through the formal sector, and distributed in Guatemala through the banking system. However, both senders and receivers have little access to financial products and services. This study argues that in a country characterized by high income inequality and low and concentrated access to credit, the large role played by domestic banks in distributing remittances seems promising in terms of creating a point of contact that could lead to cross-sales of other financial services. The report also argues that authorities have an important coordination and catalytic role to play, for increased efficiency in remittance intermediation, fostering competition, and ultimately highlighting the potential for greater access. The report concludes with specific avenues for further policy action in terms of transparency, regulatory environment, financial literacy and access, risk
Book Synopsis The Migration Industry and the Commercialization of International Migration by : Thomas Gammeltoft-Hansen
Download or read book The Migration Industry and the Commercialization of International Migration written by Thomas Gammeltoft-Hansen and published by Routledge. This book was released on 2013 with total page 306 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book offers new concepts and theory for the study of international migration by weaving together diverse strands of arguments related to international migration in ways not attempted before. Throughout the chapters, the book brings together original and cross-disciplinary theoretical explorations and original case studies. It also provides a rather global coverage of the phenomena under study, covering migrant destinations in Europe, the United States and Asia, and migrant sending regions in Africa, Asia and Latin America.
Book Synopsis General Principles for International Remittance Services by : Group of Ten. Committee on Payment and Settlement Systems
Download or read book General Principles for International Remittance Services written by Group of Ten. Committee on Payment and Settlement Systems and published by . This book was released on 2007 with total page 68 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The U.S.-Mexico Remittance Corridor by : Raúl Hernández-Coss
Download or read book The U.S.-Mexico Remittance Corridor written by Raúl Hernández-Coss and published by World Bank Publications. This book was released on 2005 with total page 116 pages. Available in PDF, EPUB and Kindle. Book excerpt: The experience of Mexican nationals who send money home from the United States forms the basis for this study. The authors identify three stages of the remittance process: the First Mile, when decisions are in the hands of the remittance sender; the Intermediary Stage, comprising systems that facilitate the cross-border transfer of funds; and the Last Mile, where the funds reach the hands of the remittance recipient. This analysis, covering the last eight years, may provide guidance for other remittance sending and receiving countries that seek to encourage formalization of the flow.
Book Synopsis Race and Racism in the United States [4 volumes] by : Charles A. Gallagher
Download or read book Race and Racism in the United States [4 volumes] written by Charles A. Gallagher and published by Bloomsbury Publishing USA. This book was released on 2014-06-24 with total page 4036 pages. Available in PDF, EPUB and Kindle. Book excerpt: How is race defined and perceived in America today, and how do these definitions and perceptions compare to attitudes 100 years ago... or 200 years ago? This four-volume set is the definitive source for every topic related to race in the United States. In the 21st century, it is easy for some students and readers to believe that racism is a thing of the past; in reality, old wounds have yet to heal, and new forms of racism are taking shape. Racism has played a role in American society since the founding of the nation, in spite of the words "all men are created equal" within the Declaration of Independence. This set is the largest and most complete of its kind, covering every facet of race relations in the United States while providing information in a user-friendly format that allows easy cross-referencing of related topics for efficient research and learning. The work serves as an accessible tool for high school researchers, provides important material for undergraduate students enrolled in a variety of humanities and social sciences courses, and is an outstanding ready reference for race scholars. The entries provide readers with comprehensive content supplemented by historical backgrounds, relevant examples from primary documents, and first-hand accounts. Information is presented to interest and appeal to readers but also to support critical inquiry and understanding. A fourth volume of related primary documents supplies additional reading and resources for research.
Book Synopsis Handbook of Central American Governance by : Diego Sanchez-Ancochea
Download or read book Handbook of Central American Governance written by Diego Sanchez-Ancochea and published by Routledge. This book was released on 2013-12-17 with total page 486 pages. Available in PDF, EPUB and Kindle. Book excerpt: Central America constitutes a fascinating case study of the challenges, opportunities and characteristics of the process of transformation in today’s global economy. Comprised of a politically diverse range of societies, this region has long been of interest to students of economic development and political change. The Handbook of Central American Governance aims to describe and explain the manifold processes that are taking place in Central America that are altering patterns of social, political and economic governance, with particular focus on the impact of globalization and democratization. Containing sections on topics such as state and democracy, key political and social actors, inequality and social policy and international relations, in addition to in-depth studies on five key countries (Costa Rica, Nicaragua, El Salvador, Honduras and Guatemala), this text is composed of contributions from some of the leading scholars in the field. No other single volume studies the current characteristics of the region from a political, economic and social perspective or reviews recent research in such detail. As such, this handbook is of value to academics, students and researchers as well as to policy-makers and those with an interest in governance and political processes.
Book Synopsis Remittances and Development by : Pablo Fajnzylber
Download or read book Remittances and Development written by Pablo Fajnzylber and published by World Bank Publications. This book was released on 2008-02-08 with total page 410 pages. Available in PDF, EPUB and Kindle. Book excerpt: Workers' remittances have become a major source of financing for developing countries and are especially important in Latin America and the Caribbean, which is at the top of the ranking of remittance receiving regions in the world. While there has been a recent surge in analytical work on the topic, this book is motivated by the large heterogeneity in migration and remittance patterns across countries and regions, and by the fact that existing evidence for Latin America and the Caribbean is restricted to only a few countries, such as Mexico and El Salvador. Because the nature of the phenomenon varies across countries, its development impact and policy implications are also likely to differ in ways that are still largely unknown. This book helps fill the gap by exploring, in the specific context of Latin America and Caribbean countries, some of the main questions faced by policymakers when trying to respond to increasing remittances flows. The book relies on cross-country panel data and household surveys for 11 Latin American countries to explore the development impact of remittance flows along several dimensions: growth, poverty, inequality, schooling, health, labor supply, financial development, and real exchange rates.
Book Synopsis The Canada-Vietnam Remittance Corridor by : Raúl Hernández-Coss
Download or read book The Canada-Vietnam Remittance Corridor written by Raúl Hernández-Coss and published by World Bank Publications. This book was released on 2005 with total page 94 pages. Available in PDF, EPUB and Kindle. Book excerpt: Examining the experience of the Canada-Vietnam remittances corridor over the past several years, this title is a first step towards identifying the main features and pointing out some of the areas and issues that researchers and authorities should examine more closely. In contrast to the large size and advanced level of development of the U.S.-Mexico remittances corridor, examined in the first case study, the Canada-Vietnam corridor is small in absolute terms and still at a nascent stage of shifting from informal to formal systems. For purposes of discussion, 'The Canada-Vietnam Remittance Corridor' breaks down the remittance process into three stages: - the First Mile, when decisions are in the hands of the remittance sender; - the Intermediary Stage, comprising the systems that facilitate the cross-border transfer of funds, and; - the Last Mile, where the funds reach the hands of the remittance recipient. By analyzing the objectives, obstacles, incentives, and changes occurring at each of these stages in the Canada-Vietnam corridor, lessons are drawn for other remittance sending and receiving countries that seek to encourage formalization of the flows.
Book Synopsis Fintech Potential for Remittance Transfers: A Central America Perspective by : Julia Bersch
Download or read book Fintech Potential for Remittance Transfers: A Central America Perspective written by Julia Bersch and published by International Monetary Fund. This book was released on 2021-06-25 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper analyzes the potential for fintech to facilitate cheaper and more efficient remittances, and to enhance financial inclusion in Central America. Digital remittances remain nascent in the region, primarily reflecting behavioral inertia, small cost advantages of digital over traditional channels, and inadequate financial literacy. Through expanded alliances between traditional and fintech operators, digital remittances can further reduce transaction costs and reach those remote, low-income households in a timely and secure manner. A meaningful expansion of fintech remittances necessitates an enabling regulatory environment for digital financial services, and KYC and AML/CFT requirements proportionate to the value of transfers.
Book Synopsis Migration and Remittances During the Global Financial Crisis and Beyond by : Ibrahim Sirkeci
Download or read book Migration and Remittances During the Global Financial Crisis and Beyond written by Ibrahim Sirkeci and published by World Bank Publications. This book was released on 2012-05-30 with total page 471 pages. Available in PDF, EPUB and Kindle. Book excerpt: During the 2008 financial crisis, the possible changes in remittance-sending behavior and potential avenues to alleviate a probable decline in remittance flows became concerns. This book brings together a wide array of studies from around the world focusing on the recent trends in remittance flows. The authors have gathered a select group of researchers from academic, practitioner and policy making bodies. Thus the book can be seen as a conversation between the different stakeholders involved in or affected by remittance flows globally. The book is a first-of-its-kind attempt to analyze the effects of an ongoing crisis on remittance flows globally. Data analyzed by the book reveals three trends. First, The more diversified the destinations and the labour markets for migrants the more resilient are the remittances sent by migrants. Second, the lower the barriers to labor mobility, the stronger the link between remittances and economic cycles in that corridor. And third, as remittances proved to be relatively resilient in comparison to private capital flows, many remittance-dependent countries became even more dependent on remittance inflows for meeting external financing needs. There are several reasons for migration and remittances to be relatively resilient to the crisis. First, remittances are sent by the stock (cumulative flows) of migrants, not only by the recent arrivals (in fact, recent arrivals often do not remit as regularly as they must establish themselves in their new homes). Second, contrary to expectations, return migration did not take place as expected even as the financial crisis reduced employment opportunities in the US and Europe. Third, in addition to the persistence of migrant stocks that lent persistence to remittance flows, existing migrants often absorbed income shocks and continued to send money home. Fourth, if some migrants did return or had the intention to return, they tended to take their savings back to their country of origin. Finally, exchange rate movements during the crisis caused unexpected changes in remittance behavior: as local currencies of many remittance recipient countries depreciated sharply against the US dollar, they produced a “sale” effect on remittance behavior of migrants in the US and other destination countries.
Book Synopsis Sojourners in the Capital of the World by : Maximo G. Martinez
Download or read book Sojourners in the Capital of the World written by Maximo G. Martinez and published by Fordham Univ Press. This book was released on 2023-12-05 with total page 205 pages. Available in PDF, EPUB and Kindle. Book excerpt: A comprehensive history and insider’s account of the Garifuna in New York City from 1943 to the present day. In recent years, Latinos—primarily Central American migrants—crossing the southern border of the United States have dominated the national media, as the legitimacy of their detention and of U.S. immigration policy in general is debated by partisan politicians and pundits. Among these migrants seeking economic opportunities and fleeing violence from gangs and drug traffickers are many Central American Garifuna. This fascinating book is the long-overdue account—written by a Garifuna New Yorker—of the ways that Garifuna immigrants from Guatemala, Belize, and Honduras have organized themselves and become a vibrant presence in New York City, from the time of their first arrivals in the 1940s to the present. The author documents four generations of Garifuna people in New York City who were active in the organizations at the heart of their community. Garifuna organizations have expanded and diversified over time from being primarily concerned with simply providing a space to gather for social events and some self-help groups for seamen (who were the first migrants) to a wide variety of organizations today that range from those focused on culture—music, dance, religion, language, sports, media—to those concentrating on economic development, political engagement and representation, immigration issues, health concerns, and transnational projects related to the situation of Garifuna in their Central American communities. As the Garifuna population grew, their organized entities simultaneously increased. The legacy of the Garifuna ethnic group is one of heroic resilience: They challenged colonial European suppression and grew from an estimated population of 2,000 to a growing 600,000 in the present day. After wars defending their original settlement on the Caribbean island of St. Vincent, the remaining Garifuna were rounded up and expelled from the territory to Central America, and from there they eventually immigrated to the United States. In New York City, an estimated 200,000 Garifuna live in the five boroughs, with their largest population in the Bronx. Having overcome numerous challenges, this Black/ Indigenous ethnic group is now known for its significant involvement in both Central American as well as U.S. societies. The Garifuna are integrated into the fabric of New York City as a distinctive Afro-Latinx/African Diaspora ethnic group known for its cultural and political impact. Garifuna organizations are at once concerned with creating alliances with a diversity of many other groups and also focused on dealing with issues specific to the unique culture, history, and situation of the Garifuna. They provide an interesting case study on whether and how Black ethnic groups assimilate with African Americans. And awareness of this group, its culture, and its contribution to American society is essential to understanding a growing segment of the expanding diverse Latino presence in the United States.
Download or read book On the Line written by Vanesa Ribas and published by Univ of California Press. This book was released on 2016 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt: “How does one put into words the rage that workers feel when supervisors threaten to replace them with workers who will not go to the bathroom in the course of a fourteen-hour day of hard labor, even if it means wetting themselves on the line?”—From the Preface In this gutsy, eye-opening examination of the lives of workers in the New South, Vanesa Ribas, working alongside mostly Latino/a and native-born African American laborers for sixteen months, takes us inside the contemporary American slaughterhouse. Ribas, a native Spanish speaker, occupies an insider/outsider status there, enabling her to capture vividly the oppressive exploitation experienced by her fellow workers. She showcases the particular vulnerabilities faced by immigrant workers—a constant looming threat of deportation, reluctance to seek medical attention, and family separation—as she also illuminates how workers find connection and moments of pleasure during their grueling shifts. Bringing to the fore the words, ideas, and struggles of the workers themselves, On The Line underlines how deep racial tensions permeate the factory, as an overwhelmingly minority workforce is subject to white dominance. Compulsively readable, this extraordinary ethnography makes a powerful case for greater labor protection, especially for our nation’s most vulnerable workers.
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