developments, possibilities, and risks related to digital remittances with a view to gauging the authorities' potential role in … further reducing the cost of cross-border payments more generally and remittances fees in particular. The paper finds a clear … inclusion, and lower remittances fees, yet see considerable risks, especially for preserving monetary sovereignty in CAPDR …

This paper analyzes the link between remittances inflows and nonperforming loans (NPLs) in a large sample of developing … indicate a stronger marginal impact of remittances in a context of high macroeconomic instability, suggesting a significant … effect of remittances on the likelihood of the private sector’s credit default during shocks. These results hold even after …

users are more likely to receive and send remittances, save, and borrow. They also save and borrow larger amounts …