Remittance Markets in Africa.
Başlık:
Remittance Markets in Africa.
Yazar:
Mohapatra, Sanket.
ISBN:
9780821385531
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Fiziksel Tanımlama:
1 online resource (327 pages)
Seri:
Directions in Development
İçerik:
Half Title Page -- Title Page -- Copyright -- Contents -- Foreword -- Acknowledgments -- Abbreviations -- Part I Overview -- Chapter 1 Migrant Remittances in Africa: An Overview -- Recent Remittance Trends in Africa -- Macroeconomic Impacts of Remittances -- Impact on Households -- Remittance Markets in Africa -- Policies for Leveraging Remittances for Development -- Overview of Remittance Market Surveys in Africa and Two Remittance-Source Countries -- Annex 1.1 -- Annex 1.2 -- Notes -- References -- Part II Remittance Markets in Remittance-Receiving Countries -- Chapter 2 Burkina Faso -- Remittance and Migration Trends -- Characteristics of the Remittance Industry -- The Regulatory and Business Environment -- Conclusions and Recommendations -- Annex 2.1 -- Notes -- References -- Chapter 3 Cape Verde -- Remittance and Emigration Trends -- Characteristics of the Remittance Industry -- Access to Other Financial Services -- The Regulatory and Business Environment -- Remittance Costs and Identification Requirements -- Conclusions and Recommendations -- Annex 3.A Financial Sector Development in Cape Verde -- Notes -- References -- Chapter 4 Ethiopia -- Recent Migration Trends -- Remittance Sources and Trends -- Characteristics of the Remittance Industry -- The Regulatory and Business Environment -- Remittance Costs -- Customer Identification Requirements -- Conclusions and Policy Implications -- Annex 4.1 Banks and MTOs Interviewed for the Study of the Ethiopian Remittance Services Industry -- Notes -- References -- Chapter 5 Ghana -- Remittance and Migration Trends -- Characteristics of the Remittance Industry -- The Regulatory and Business Environment -- Conclusions and Recommendations -- Notes -- References -- Chapter 6 Kenya -- Remittance and Migration Trends -- Characteristics of the Remittance Industry -- The Regulatory and Business Environment.
Conclusions and Recommendations -- Notes -- References -- Chapter 7 Nigeria -- Remittance and Emigration Trends -- Characteristics of the Remittance Industry -- The Regulatory and Business Environment -- Conclusions and Recommendations -- Notes -- References -- Chapter 8 Senegal -- Remittance Trends and Their Economic Significance -- Characteristics of the Remittance Industry in Senegal -- The Regulatory and Business Environment -- Conclusion -- Notes -- References -- Chapter 9 Uganda -- Trends and Uses of Remittances -- Characteristics of the Remittance Industry -- Emerging Products: Mobile Money Transfers -- Transport Service for Domestic Remittances -- Remittances and Access to Financial Services -- Regulatory and Business Environment -- Remittance Costs and Identification Requirements -- Conclusion -- Recommendations -- Notes -- References -- Part III Remittance Markets in Remittance-Source Countries -- Chapter 10 France -- Remittance and Migration Trends -- Characteristics of the Remittance Industry -- The Regulatory and Business Environment -- Conclusions and Recommendations -- Annex 10.1 -- Acknowledgments -- Notes -- References -- Chapter 11 United Kingdom -- Migration and Remittance Trends -- Characteristics of the Remittance Industry -- The Regulatory and Business Environment -- Conclusions and Recommendations -- Annex 11.1 Country-Specific Pricing Grids -- Notes -- References -- Contributors -- Back Cover.
Özet:
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.
Notlar:
Electronic reproduction. Ann Arbor, Michigan : ProQuest Ebook Central, 2017. Available via World Wide Web. Access may be limited to ProQuest Ebook Central affiliated libraries.
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