The document contains a chapter of a World Bank report on remittances, its development impact as well as future prospects. It was published in 2005. The articles originated in 2003 during a conference organized by the Department for International Development, IMF, and World Bank, in London.

Presented at a workshop at the Centre for the Study of Financial Innovation, this document explores the logistical solutions deployed within contemporary Hawala-style value transmission systems. It suggests that those frustrated by the lack of an effective global payments system for retial...