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Item Details
| Title:
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THE CANADA-CARIBBEAN REMITTANCE CORRIDOR
FOSTERING FORMAL REMITTANCES TO HAITI AND JAMAICA THROUGH EFFECTIVE REGULATION |
| By: |
Emiko Todoroki, Matteo Vaccani, Wameek Noor |
| Format: |
Paperback |
| List price:
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£15.95 |
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We believe that this item is permanently unavailable, and so we cannot source
it.
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| ISBN 10: |
0821379194 |
| ISBN 13: |
9780821379196 |
| Publisher: |
WORLD BANK PUBLICATIONS |
| Pub. date: |
30 April, 2009 |
| Series: |
World Bank Working Paper 163 |
| Pages: |
196 |
| Description: |
Several economies in the Caribbean region, especially from the lower-income group, are highly dependent on remittances. This study undertakes an analysis of the various dynamics underlying the Canada-Caribbean remittance corridor, including Caribbean migration issues and diaspora dynamics, remittance market landscapes, and regulatory frameworks. |
| Synopsis: |
Several economies in the Caribbean region, especially from the lower-income group, are highly dependent on remittances. Between 1991 and 2006, the combined flows of total remittances reaching the Caribbean have averaged almost 17 per cent annual growth, surpassing US$6 billion in 2005 and overtaking the region's total ODA and FDI inflows. In addition, remittances represent more than 20 percent of the domestic gross domestic product (GDP) in some Caribbean countries and have played a significant role in lessening both balance of payment deficits and the impact of natural disasters to which the region is particularly vulnerable. This study undertakes an analysis of the various dynamics underlying the Canada-Caribbean remittance corridor, including Caribbean migration issues and diaspora dynamics, remittance market landscapes, and regulatory frameworks. The study is intended to assist Canadian and Caribbean national authorities to sustain the continued growth and competitiveness of their remittance industries, while protecting them abuse by criminals.The study particularly emphasizes continued policy improvements in each country's regulatory framework to improve financial sector development and to enhance poverty reduction. |
| Illustrations: |
Illustrations |
| Publication: |
US |
| Imprint: |
World Bank Publications |
| Returns: |
Returnable |
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