interest on the drivers of remittance costs. This paper delved deeply into the remittances ecosystem and found a very complex …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 …

major source of funding for banks through the shadow banking system. Asset managers are dominant sources of demand for non …-M2 types of money and serve as source collateral ?mines'' for the shadow banking system. Banks receive funding through … the re-use of pledged collateral ?mined'' from asset managers. Accounting for this, the size of the shadow banking system …

Banks across the Caribbean have lost important Correspondent Banking Relationships (CBRs). The macroeconomic impact has …

This paper develops an open-economy DSGE model with an optimizing banking sector to assess the role of capital flows …