Leveraging immigrant remittances for development

Some observers have suggested that one way to draw immigrants into the financial system is for banks to tap the large global remittance market. The authors of this article propose a model that would leverage remittances to both draw immigrants into the banking system as well promote economic development in immigrant communities in the United States and immigrants’ home countries.

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Year of publication:	2006
Authors:	Lima, Alvaro ; Plastrik, Peter
Published in:	New England Community Developments. - Federal Reserve Bank of Boston. - 2006, 3, p. 1-7
Publisher:	Federal Reserve Bank of Boston
Subject:	Emigrant remittances

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Extent:	application/pdf
Type of publication:	Article
Language:	English
Source:	RePEc - Research Papers in Economics

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