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IDB America November 2002 Paul Constance |
The high cost of solidarity Why many Latin American immigrants are paying too much to send money back home, and what can be done about it |
IDB America March 2004 Charo Quesada |
Unlocking the hidden potential of remittances How to multiply the benefits of the ever-increasing flow of money sent by immigrants to relatives in Latin America and the Caribbean |
Finance & Development June 1, 2007 Gupta et al. |
Making Remittances Work for Africa If handled well, migrant transfers in sub-Saharan Africa can reduce poverty and connect small savers to the formal financial sector. |
IDB America July 2003 Charo Quesada |
Do it with plastic Electronic transactions and bank accounts for emigrants |
IDB America October 2001 Peter Bate |
Can remittances help to fuel development? The manager of the IDB's Multilateral Investment Fund explains how money sent home by immigrants could be leveraged to benefit whole communities... |
Finance & Development December 1, 2005 Dilip Ratha |
Remittances: A Lifeline for Development Governments have often offered incentives to increase remittance flows and to channel them to productive uses. But such policies are more problematic than efforts to expand access to financial services or reduce transaction costs. |
Scientific American March 26, 2006 George Musser |
The Check Is in the Mail Remittances have become a huge factor in the global economy: But does the money immigrants send home do any good? |
Bank Technology News September 2002 Karen Krebsbach |
Following The Money Banks are gunning for a larger share of the $9.2 billion wired home annually by Mexican nationals in the U.S. But the Mexican government, with its own remittance plan, could be the dark horse in this race. |
Fast Company April 2012 Irin Carmon |
Tigo Helps Remittances Go Mobile In countries like Guatemala, remittances from migrant workers in the U.S. are critical to the economy. Tigo, an international telecom, has a unique plan to use mobile banking to simplify a trying process. |
Finance & Development December 2009 Ratha et al. |
Remittances in Development Remittances, funds repatriated by migrant workers to family and friends back home, provide the most tangible link between migration and development. |
Finance & Development September 2011 |
Harnessing Diasporas Africa can tap some of its millions of emigrants to help development efforts. |
IDB America July 2004 Enrique V. Iglesias |
Intel Was Once a Start-up Latin America's microentrepreneurs deserve more attention---and assistance. These kinds of investments can yield big payoffs for society. |
IDB America May 2004 |
MIF Helps Microlenders to Enter Remittances Market The new program will help five Latin American institutions analyze their potential for handling remittances, draft business plans to enter those markets, acquire the necessary technological infrastructure and develop new financial products and services for their entrepreneurial clients. |
U.S. Banker July 2008 Karen Krebsbach |
Waiting for the Call Cellphone banking is emerging as an important link that could bring the most basic financial services to the globe's billions of unbanked cellphone users. |
IDB America August 2005 |
"A Bigger, More Creative, More Efficient Bank..." After 17 years as IDB president, Enrique V. Iglesias offers an assessment of the Bank's performance and reflects on Latin America's uneven economic progress. |
Bank Systems & Technology August 22, 2008 Orla O'Sullivan |
Remittances Offer Promise of New Revenue and New Markets to Banks About 40 percent of the global funds transmitted annually by migrant workers to their home countries emanate from the U.S., yet banks here so far process only about 3 percent of world remittances. |
BusinessWeek December 22, 2003 David Fairlamb |
Can Western Union Keep On Delivering? Wiring money overseas has been a hugely profitable business. But now, rivals are elbowing in, driving the fees down. |
IDB America July 2003 Charo Quesada |
Profitable solidarity An Ecuadorian bank with social aims and healthy profits |
IDB America July 2003 Charo Quesada |
Lose a child, gain future security Earnings in Spain buy a house in Ecuador |
Bank Technology News March 2002 Daniel A. Joelson |
Latin America Uncovers Internet Banking Leaders Economic conditions won't bury the growth of online banking in the region... |
Finance & Development December 1, 2005 |
Sending Money Home: Trends in Migrant Remittances Over the past fifteen years, international migrant remittances have become increasingly prominent -- with $167 billion flowing to developing countries. Survey data show that remittances have reduced the poverty headcount ratio significantly in several low-income countries. |
IDB America July 2003 Charo Quesada |
Why emigrate? A new poll produces key insights |
BusinessWeek July 18, 2005 Geri Smith |
Work In The States, Build A Life In Mexico Monterrey-based Construmex has helped 4,500 migrants living in the U.S. build homes or small businesses in Mexico. |
U.S. Banker November 2003 Karen Krebsbach |
The New Mexican Revolution. This One's in Banking. Mexico's banking sector has been in reform mode for more than two decades, but surging competition for the $13 billion remittance market, and promising consumer demographics, will bring banking to millions more Mexicans and continue to reshape the landscape. |
Finance & Development March 1, 2001 Danny M. Leipziger |
The Unfinished Poverty Agenda: Why Latin America and the Caribbean Lag Behind Compared with East Asia, Latin America and the Caribbean have made very little progress in reducing poverty rates since the 1980s, largely because of sluggish growth... |
IDB America Jul/Aug 2000 |
Latest Approvals The following operations were approved in recent weeks by the Inter-American Development Bank (IDB), the Inter-American Investment Corporation (IIC) and the Multilateral Investment Fund (MIF)... |
Finance & Development September 1, 2006 Jeffrey G. Williamson |
Global Migration Two centuries of mass migration offers insights into the future economic impact of the global movements of people. |
Finance & Development September 2009 |
Faces of the Crisis - One Crisis, Six Lives The stories of six people, told here in their own voices, illustrate better than any economic analysis just how integrated the world is today, and how intertwined our fates have become as a consequence. |
IDB America March 2004 |
IDB holds 2004 annual meeting in Peru The Board of Governors of the Inter-American Development Bank will hold its 45th Annual Meeting in Lima, Peru, March 29-31, to review its lending program and other activities, discuss past and future policies and analyze new proposals. |
IDB America July 2004 Gador Manzano |
Profile of the Young Latin American Entrepreneur They are creative, well educated and eager to stand out, but they all complain about the difficulty of obtaining loans. They belong to the middle class, have university degrees and typically start their first company at around age 30. |
Bank Systems & Technology October 22, 2007 Nancy Feig |
Cross-Border Payments: What Role Do Banks Play in Remittances? At $250 billion, the market for cross-border, consumer-to-consumer remittance payments already is huge. But with the World Bank estimate of 30% year-over-year growth, the market is one banks no longer can ignore. |
BusinessWeek June 20, 2005 Geri Smith |
Central America Is Holding Its Breath The U.S. Senate could soon start hearings on the CAFTA trade pact. |
BusinessWeek June 20, 2005 |
El Salvador's CAFTA Imperative President Saca believes a free-trade agreement with the U.S. is essential to his country's and the region's growth and stability. |
Finance & Development December 2010 Jacqueline Deslauriers |
Faces of the Crisis Revisited Last year, this magazine profiled six people from different countries, hit by the global economic crisis in different ways. As the recession recedes, we returned to find out how they have coped with the turmoil of the past year. |
Bank Systems & Technology August 17, 2008 Orla O'Sullivan |
ICICI Bank Captures Top Share of Top Remittance Market by Catering to Migrant Workers' Diverse Requirements India's second-largest bank, ICICI, handles more than one-fifth of the money coming into India from its migrant workers all over the globe. |
Reason January 2008 Kerry Howley |
Guests in the Machine If larger economies were to introduce guest worker programs like Singapore's, the impact on migrant welfare would be enormous. Guest worker programs may be the best hope many of the world's poorest people have for improving their lives. |
Bank Systems & Technology May 8, 2007 Maria Bruno-Britz |
For Money Transfers, Going Solo Not the Best Route for Banks A new study says banks are better off teaming up with existing money transmitters to succeed in remittance business. |
Finance & Development March 1, 2006 Hausmann, Rodrik & Velasco |
Getting the Diagnosis Right A new approach to economic reform: Because across-the-board reforms are politically difficult and have often failed to achieve growth, countries need to figure out the one or two most binding constraints on their economies and then focus on lifting those. |
BusinessWeek July 18, 2005 |
"A Massive Economic Development Boom" Legalizing undocumented immigrants would be a win for everyone, says UCLA professor Raul Hinojosa |
IDB America December 2003 Roger Hamilton |
A green seal of approval Why international standards for quality certification will benefit ecotourists, private firms, and the environment. |
Finance & Development June 2011 |
Lowering the Cost of Sending Money Home Reducing transaction costs can put more money in the pockets of migrants and their families. |
BusinessWeek January 9, 2006 |
Don't Fence Me In Mexico's President is opposed to the U.S. House of Representatives' approved plan to build 700 miles of high-tech fences along its southern border to keep out illegal migrants. |
Reason February 2009 Alexander Zaitchik |
Alien World How treacherous border crossing became a theme park. |
IDB America May/Jun 2000 |
Latest Approvals The following operations were approved in recent weeks by the Inter-American Development Bank (IDB), the Inter-American Investment Corporation (IIC) and the Multilateral Investment Fund (MIF). |
On Wall Street October 1, 2010 Milton Ezrati |
Despite Violence, Mexico's Economy Begins to Improve Despite terrible problems, once the U.S. recovery begins to create jobs, remittances from Mexican nationals working north of the border will begin to add marginal momentum to Mexico's economic growth and, hence, to its market prospects. |
Finance & Development December 2009 Barbara Stocking |
Straight Talk: The Poor Should Not Pay the Price for the Crisis The economic crisis forces us to confront chronic vulnerability and damaging inequality. How can the financial sector help shoulder the cost? |
Bank Technology News October 2001 Daniel Joelson |
AT&T Takes Big Bites in Latin America Despite making headway, the telecom giant is learning Latin America presents its own unique challenges... |