Leveraging immigrant remittances for development

Alvaro Lima and Peter Plastrik

New England Community Developments, 2006, No 3, 7 pages

Abstract: Some observers have suggested that one way to draw immigrants into the financial system is for banks to tap the large global remittance market. The authors of this article propose a model that would leverage remittances to both draw immigrants into the banking system as well promote economic development in immigrant communities in the United States and immigrants? home countries.

Keywords: Emigrant; remittances (search for similar items in EconPapers)
Date: 2006
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Persistent link: https://EconPapers.repec.org/RePEc:fip:fedbcd:y:2006:p:1-7:n:3

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