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Financial inclusion is the broad based delivery of banking and other financial services at affordable cost to the poorest sections of society. In India, financial inclusion emphasizes to include maximum number of people under formal financial systems. The most important part of financial...
Persistent link: https://www.econbiz.de/10005070421
This paper provides an overview of the complex conceptual and practical challenges that emerging market economies face as they attempt to reform their frameworks for financial regulation. These economies are striving to balance the quest for financial stability with the imperatives of financial...
Persistent link: https://www.econbiz.de/10008682959
This paper focuses on the effects of domestic and international remittances on children's well-being. Using data from … remittance recipient and non-recipient households. The results of our cross-section and panel analyses indicate that remittances … increase schooling and reduce child labour. Although international remittances are found to have a stronger beneficial impact …
Persistent link: https://www.econbiz.de/10010884249
Do migrants send remittances as a way of obtaining insurance? While this motive is theoretically suggested in the … risk aversion and remittance behavior. Risk-averse individuals are more likely to send remittances home and are, on average … a "purchase of self-insurance" motive to remit, we also provide evidence of more remittances sent by risk averse …
Persistent link: https://www.econbiz.de/10010884255
mostly by reducing the probability of receiving domestic remittances. As a result, the non-labor income of beneficiaries …
Persistent link: https://www.econbiz.de/10010884353
remittances to be used more effectively, and concerns about externalities from skilled workers being lost. As a result there is … number of other policies, such as lowering the cost of remittances, reducing passport costs, offering dual citizenship, and …
Persistent link: https://www.econbiz.de/10010959609
After independence, the GCC countries relied heavily on foreign workers from fellow Arab countries. Thus, remittances … remittances. This paper examines the consequences of the shift in the source of labor by econometrically testing the existence of … structural breaks in the flow of remittances in the MENA region. The change in the direction of remittance flows deprived several …
Persistent link: https://www.econbiz.de/10010959636
remittance receipt and household time allocation decisions, we instrument remittances using economic conditions in remittance …-sending countries and explore heterogeneous effects across different types of potential remitters. While remittances have no significant … effect of migration is no longer felt. We find no gender difference but remittances seem to affect mainly the labour market …
Persistent link: https://www.econbiz.de/10010959766
This paper evaluates the welfare impact of observed levels of migration and remittances in both origins and … Jamaica or El Salvador – are also better off due to migration, but for a different reason: remittances. The quantitative …
Persistent link: https://www.econbiz.de/10011279236
' motivations are not only altruistic but also self-interested. Given that migrants' remittances and their savings are important …
Persistent link: https://www.econbiz.de/10011279245