The Remittance Market In India
DOWNLOAD
READ ONLINE
Download The Remittance Market In India PDF/ePub or read online books in Mobi eBooks. Click Download or Read Online button to get The Remittance Market In India book now. This website allows unlimited access to, at the time of writing, more than 1.5 million titles, including hundreds of thousands of titles in various foreign languages. If the content not found or just blank you must refresh this page
The Remittance Market In India
DOWNLOAD
READ ONLINE
Author : Gabi G. Afram
language : en
Publisher: World Bank Publications
Release Date : 2012-01-09
The Remittance Market In India written by Gabi G. Afram and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-01-09 with Business & Economics categories.
Millions 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 should be safe, efficient, and reliable. This can be achieved by increasing competition in the remittance industry, providing broader access to payment system infrastructure, enhancing transparency, and ensuring a sound and predictable legal and regulatory framework. With an estimated US$55 billion in remittance inflows in 2010, India is the world's foremost remittance destination. The size and potential impact of these inflows is large. Despite substantial progress over the past 15 years, the provision of accessible, efficient, and cost-effective remittance services in India could be improved. Remittances transfers often can be costly relative to the low incomes of remitters and the small amounts involved, especially in rural India, and are not accessible. Attempts to examine the remittance market in India have been limited. This policy note attempts to fill this gap by undertaking a broad, detailed investigation of the Indian remittance market and analyzing its characteristics based on the General Principles for International Remittance Services (GPs). It identifies some of the key actions and public policy measures for the improvement and future development of this market that would make it more contestable, transparent, accessible, and sound. Such actions and policy measures could assist financial institutions and policy makers in enhancing the safety and efficiency of, as well as lowering the costs of, remittance services in India.
Inward Remittances Gujarat
DOWNLOAD
READ ONLINE
Author : New India Industries Ltd. Market Research Division
language : en
Publisher: Bombay : The Chamber, [pref. 1979]
Release Date : 1979
Inward Remittances Gujarat written by New India Industries Ltd. Market Research Division and has been published by Bombay : The Chamber, [pref. 1979] this book supported file pdf, txt, epub, kindle and other format this book has been release on 1979 with Emigrant remittances categories.
Remittance Markets In Africa
DOWNLOAD
READ ONLINE
Author : Sanket Mohapatra
language : en
Publisher: World Bank Publications
Release Date : 2011-01-01
Remittance Markets In Africa written by Sanket Mohapatra and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011-01-01 with Social Science categories.
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.
The Remittance Market In India
DOWNLOAD
READ ONLINE
Author : Gabi G. Afram
language : en
Publisher: World Bank Publications
Release Date : 2012-01-09
The Remittance Market In India written by Gabi G. Afram and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-01-09 with Business & Economics categories.
This book analyzes the remittance market in India and attempts to identify some of the key actions and public policy measures for the improvement and future development of this market.
International Transactions In Remittances
DOWNLOAD
READ ONLINE
Author : International Monetary Fund
language : en
Publisher: International Monetary Fund
Release Date : 2009-09-14
International Transactions In Remittances written by International Monetary Fund and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009-09-14 with Business & Economics categories.
The International Transactions in Remittance: Guide for Compilers and Users (RCG) presents concepts, definitions, and classifications related to remittances. It is consistent with the new standards for measuring balance of payments transactions, as contained in the sixth edition of the Balance of Payments and International Investment Position Manual (BPM6). These standards are used globally to compile comprehensive and comparable data. The RCG identifies the main remittances compilation methods currently being used by compilers and discusses in detail the strengths and weaknesses of each method. It is the first manual providing compilation guidance for remittances and is also the first compilation guide based on concepts set out in BPM6. Although the RCG is primarily aimed at remittances data compilers, it may also be useful for users who wish to understand remittances data.
General Principles For International Remittance Services
DOWNLOAD
READ ONLINE
Author : Group of Ten. Committee on Payment and Settlement Systems
language : en
Publisher:
Release Date : 2007
General Principles For International Remittance Services written by Group of Ten. Committee on Payment and Settlement Systems and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007 with Emigrant remittances categories.
Migration Remittances And Capital Flows
DOWNLOAD
READ ONLINE
Author : Deepak Nayyar
language : en
Publisher: Oxford University Press, USA
Release Date : 1994
Migration Remittances And Capital Flows written by Deepak Nayyar and has been published by Oxford University Press, USA this book supported file pdf, txt, epub, kindle and other format this book has been release on 1994 with Business & Economics categories.
The book constructs a profile of international labour migration from India, analyses the macro-economic impact of the labour flows and the associated financial flows on the national economy, and discusses the issues or problems that arise in a wider macro-economic context, with reference to the Indian experience.
Balance Of Payments Compilation Guide
DOWNLOAD
READ ONLINE
Author : International Monetary Fund
language : en
Publisher: International Monetary Fund
Release Date : 1995-03-15
Balance Of Payments Compilation Guide written by International Monetary Fund and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 1995-03-15 with Business & Economics categories.
A companion document to the fifth edition of the Balance of Payments Manual, the Balance of Payments Compilation Guide shows how the conceptual framework described in the Manual may be implemented in practice. The primary purpose of the Guide is to provide practical guidance for using sources and methods to compile statistics on the balance of payments and the international investment position. the Guide is designed to assist balance of payments compilers and statisticians in understanding the relative strengths and weaknesses of various approaches. The material reflects the emergence of new data sources and adaptations in the application of statistical methodologies to changing circumstances. Discussed in the Guide are all of the tasks that a BOP compiler normally performs. Appendices contain a set of model BOP questionnaires and a set of model BOP publication tables. Relationships between the balance of payments statistics and relevant aspects of national accounts are covered as well.
Migration And Remittances During The Global Financial Crisis And Beyond
DOWNLOAD
READ ONLINE
Author : Ibrahim Sirkeci
language : en
Publisher: World Bank Publications
Release Date : 2012-05-30
Migration And Remittances During The Global Financial Crisis And Beyond written by Ibrahim Sirkeci and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-05-30 with Business & Economics categories.
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.
No Easy Solution A Smorgasbord Of Factors Drive Remittance Costs
DOWNLOAD
READ ONLINE
Author : Tito Nícias Teixeira da Silva Filho
language : en
Publisher: International Monetary Fund
Release Date : 2021-07-30
No Easy Solution A Smorgasbord Of Factors Drive Remittance Costs written by Tito Nícias Teixeira da Silva Filho and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-07-30 with Business & Economics categories.
There has been a global push to decrease the cost of remittances since at least 2009, which has culminated with its inclusion in the Sustainable Development Goals in 2015. Despite this effort and the emergence of new business models, remittance costs have been decreasing very slowly, disproving predictions that sharp declines would be just around the corner. In addition, remitting to poorer countries remains very expensive. Oddly, this situation has not been able to elicit academic interest on the drivers of remittance costs. This paper delved deeply into the remittances ecosystem and found a very complex, heterogenous and unequal environment, one in which costs are driven by a myriad of factors and where there are no easy and quick solutions available, which explains the disappointing outcome so far. Nonetheless, it also shows that while policymakers have limited room to act they still have a very important role to play.