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Remittances are a sizeable source of external financing for developing countries. In the L’Aquila 2009 G8 Summit …, leaders pledged to reduce the cost of remittances by half in 5 years (from 10 to 5 percent). Yet, empirically, little is known … about what drives the cost of remittances. Using newly gathered data across 119 country corridors, this paper explores the …
Persistent link: https://www.econbiz.de/10011394366
Remittances are a sizeable source of external financing for developing countries. In the L Aquila 2009 G8 Summit …, leaders pledged to reduce the cost of remittances by half in 5 years (from 10 to 5 percent). Yet, empirically, little is known … about what drives the cost of remittances. Using newly gathered data across 119 country corridors, this paper explores the …
Persistent link: https://www.econbiz.de/10013009097
Remittances are a sizeable source of external financing for developing countries. In the L Aquila 2009 G8 Summit …, leaders pledged to reduce the cost of remittances by half in 5 years (from 10 to 5 percent). Yet, empirically, little is known … about what drives the cost of remittances. Using newly gathered data across 119 country corridors, this paper explores the …
Persistent link: https://www.econbiz.de/10012551996
Remittances are a substantial source of external financing for developing countries that influence many aspects of … their development. Though research has shown that remittances are both expensive and price sensitive, little is known about … associated with the price of remittances. Corridors with larger numbers of migrants and more competition among providers are …
Persistent link: https://www.econbiz.de/10012562902
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This paper uses data across 365 corridors to document time and country variation in remittance fees and explore factors predicting variation in remittance fees. We document a general reduction in such fees over the past decade although the goal of fees below 3 percent has not been met yet in...
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