Remittances and Financial Development: Lessons from the Salvadoran Case

Cover: Savings and Development, 35 (1)

Cover: Savings and Development, 35 (1)

Christian Ambrosius – 2011

The paper takes a closer look at the benefits and limitations of “banking” remittances in the case of El Salvador, where state-owned banks followed an active policy of reaching out to the diaspora. The first part analyzes the role of different financial institutions in the Salvadoran remittance market. The second part crosses financial data with remittance data across Salvadoran municipalities. Although coverage of the banking sector is limited to larger municipalities and those with better-than-average socioeconomic indicators, empirical results show that the banking sector is more developed in terms of per capita savings and number of accounts in remittanceintensive municipalities.

Titel
Remittances and Financial Development: Lessons from the Salvadoran Case
Verlag
Research Center on International Cooperation of the University of Bergamo
Ort
Bergamo
Schlagwörter
Teilprojekt D6
Datum
2011
Kennung
ISSN 03934551
Quelle/n
Erschienen in
Savings and Development, 35 (1), 1-27.
Sprache
eng
Art
Text