Documents & Reports

What explains the cost of remittances ? an examination across 119 country corridors (English)

Abstract

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 what... See More +

Details

  • Beck, Thorsten; Martinez Peria, Maria Soledad;
  • 2009/10/01
  • Policy Research Working Paper
  • WPS5072
  • 1 of 1
  • World
  • The World Region
  • What explains the cost of remittances ? an examination across 119 country corridors
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