Remittance market in India : opporutunities , challenges and policy options (Record no. 96708)

MARC details
000 -LEADER
fixed length control field 02754nam a2200169Ia 4500
020 ## - INTERNATIONAL STANDARD BOOK NUMBER
International Standard Book Number 978-0821389720
082 ## - DEWEY DECIMAL CLASSIFICATION NUMBER
Classification number 332.042 AFR
100 ## - MAIN ENTRY--PERSONAL NAME
Personal name Afram, Gabi G
245 ## - TITLE STATEMENT
Title Remittance market in India : opporutunities , challenges and policy options
260 ## - PUBLICATION, DISTRIBUTION, ETC.
Date of publication, distribution, etc. 2012
Name of publisher, distributor, etc. World Bank
Place of publication, distribution, etc. Washigrton
300 ## - PHYSICAL DESCRIPTION
Other physical details 23 cm, Pbk
Extent 105 p.
500 ## - GENERAL NOTE
General note Gratis. Rs.1390/-
505 ## - FORMATTED CONTENTS NOTE
Formatted contents note 1. Migration from India: Patterns and Characteristics<br/>2. International remittance flows to India<br/>3. The remittance market in India<br/>4. Diagnostic of the remittance market in India
520 ## - SUMMARY, ETC.
Summary, etc. <br/>Millions of migrants worldwide send billions of dollars in remittances each year to their families or communities of origin. In many developing countries, remittances are an important source of family and national income and also are the largest source of external financing. Remittances are better targeted at the needs of the poor than foreign aid or foreign direct investment (FDI) as recipients often depend on remittances to cover daily living expenses, to provide a cushion against emergencies, or to make small investments in business or education. Therefore, international remittance services should be safe, efficient, and reliable. This can be achieved by increasing competition in the remittance industry, providing broader access to payment system infrastructure, enhancing transparency, and ensuring a sound and predictable legal and regulatory framework. With an estimated US$55billion in remittance inflows in 2010, India is the world's foremost remittance destination. The size and potential impact of these inflows is large. Despite substantial progress over the past 15 years, the provision of accessible, efficient, and cost-effective remittance services in India could be improved. Remittances transfers often can be costly relative to the low incomes of remitters and the small amounts involved, especially in rural India, and are not accessible. Attempts to examine the remittance market in India have been limited. This policy note attempts to fill this gap by undertaking a broad, detailed investigation of the Indian remittance market and analyzing its characteristics based on the General Principles for International Remittance Services (GPs). It identifies some of the key actions and public policy measures for the improvement and future development of this market that would make it more contestable, transparent, accessible, and sound. Such actions and policy measures could assist financial institutions and policy makers in enhancing the safety and efficiency of, as well as lowering the costs of, remittance services in India.
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element Capital movements - India
-- Emigrant remittances
-- Emigration and immigration--Economic aspects
942 ## - ADDED ENTRY ELEMENTS (KOHA)
Koha item type Books
Holdings
Withdrawn status Lost status Damaged status Not for loan Collection code Home library Current library Date acquired Source of acquisition Cost, normal purchase price Total Checkouts Full call number Barcode Date last seen Price effective from Koha item type
        GSB Collection     25/03/2010 Gratis 0.00   332.042 AFR 38233 29/04/2013 22/06/2019 Books

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