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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 +

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