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OverviewSeveral economies in the Caribbean region, especially from the lower-income group, are highly dependent on remittances. Between 1991 and 2006, the combined flows of total remittances reaching the Caribbean have averaged almost 17 per cent annual growth, surpassing US$6 billion in 2005 and overtaking the region's total ODA and FDI inflows. In addition, remittances represent more than 20 percent of the domestic gross domestic product (GDP) in some Caribbean countries and have played a significant role in lessening both balance of payment deficits and the impact of natural disasters to which the region is particularly vulnerable. This study undertakes an analysis of the various dynamics underlying the Canada-Caribbean remittance corridor, including Caribbean migration issues and diaspora dynamics, remittance market landscapes, and regulatory frameworks. The study is intended to assist Canadian and Caribbean national authorities to sustain the continued growth and competitiveness of their remittance industries, while protecting them abuse by criminals. The study particularly emphasizes continued policy improvements in each country's regulatory framework to improve financial sector development and to enhance poverty reduction. Full Product DetailsAuthor: Emiko Todoroki , Matteo Vaccani , Wameek NoorPublisher: World Bank Publications Imprint: World Bank Publications Volume: 163 Dimensions: Width: 25.40cm , Height: 1.50cm , Length: 17.80cm Weight: 0.363kg ISBN: 9780821379196ISBN 10: 0821379194 Pages: 196 Publication Date: 30 April 2009 Audience: College/higher education , Postgraduate, Research & Scholarly Format: Paperback Publisher's Status: Active Availability: Awaiting stock  The supplier is currently out of stock of this item. It will be ordered for you and placed on backorder. Once it does come back in stock, we will ship it out for you. Table of ContentsReviewsAuthor InformationTab Content 6Author Website:Countries AvailableAll regions |
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