What Explains the Cost of Remittances? An Examination across 119 Country Corridor

Remittances are a sizeable source of external financing for developing countries. In the L Aquila 2009 G8 Summit, leaders pledged to reduce the cost of remittances by half in 5 years (from 10 to 5 percent). Yet, empirically, little is known about w...

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Bibliographic Details
Main Authors: Beck, Thorsten, Peria, Maria Soledad Martinez
Format: Policy Research Working Paper
Language:English
Published: 2012
Subjects:
GDP
TAX
Online Access:http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20091013142843
http://hdl.handle.net/10986/4264