Pre-financing Migrant Remittance Flows in Support of Agricultural Development in Africa
Lamon Rutten () and
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Okey Oramah: African Export-Import Bank
International Finance from University Library of Munich, Germany
This paper discusses how migrant remittances (which are of large importance to many developing countries) can be used not only as a source of earnings, but also as a tool to generate low-cost finance (at terms better than those imposed by the country's sovereign rating). A concrete structured financing based on migrant remittances into Ghana is described in detail.
Keywords: migrant; remittances; structured; finance; agricultural; finance; Ghana (search for similar items in EconPapers)
JEL-codes: F30 G24 Q14 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-afr and nep-mfd
Note: Type of Document - pdf; pages: 12; figures: included. pdf file
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Persistent link: https://EconPapers.repec.org/RePEc:wpa:wuwpif:0301001
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