The U.S.–Mexico Remittance Corridor : Lessons on Shifting from Informal to Formal Transfer Systems

Herná ; ndez-Coss, Raú ; l

Washington, DC:World Bank

关键词: ACCOUNTING;    BANK ACCOUNTS;    BANKING INSTITUTIONS;    BANKING SYSTEM;    BANKS;   

DOI  :  10.1596/0-8213-6087-6
RP-ID  :  31671

学科分类：社会科学、人文和艺术（综合）

来源: World Bank Open Knowledge Repository

【 摘 要 】

Examining the experience of theU.S.-Mexico remittances corridor over the last eight years,this title derives specific lessons that could be applicableto other remittance corridors when shifting from informal toformal systems. Lessons focuses on a few selected aspects ofthe remittance experience and breaks down the remittanceprocess into three stages: the First Mile, when decisionsare in the hands of the remittance sender; the IntermediaryStage, comprising the systems that facilitate thecross-border transfer of funds, and; the Last Mile, wherethe funds reach the hands of the remittance recipient. Byanalyzing the objectives, obstacles, incentives, and changesoccurring at each of these stages in the U.S.-Mexicocorridor, lessons are drawn for other remittance sending andreceiving countries that seek to encourage formalization ofthe flows.