The U.S.-Honduras Remittance Corridor: Acting on Opportunity to Increase Financial Inclusion and Foster Development of a Transitional Economy

By: Isaku Endo and Sarah Hirsch and Jan Rogge and Kamil Borowik

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Synopsis: This paper provides an overview of remittances and migration between Honduras and the United States and analyzes the remittance regulatory and market environment, including financial inclusion strategies, transnational economic activities, and the impact of remittances on the Honduran economy. 'The U.S.-Honduras Remittance Corridor' makes policy recommendations to the authorities of Honduras and the United States, especially for regulatory reforms that promote the integrity and efficiency of money transfer businesses. We also recommend the development of financial infrastructures in rural areas for better distribution of remittances. Furthermore, we suggest that public policy should be more focused on building an environment for investment in the community and developing local businesses that export to Honduran communities abroad.

Book Quality:: Publisher Quality
ISBN-13:: 9780821381465
Related ISBNs:: 9780821381465
Publisher:: World Bank Publications
Date of Addition:: 08/16/11
Copyrighted By:: The International Bank for Reconstruction and Development / The World Bank
Adult content:: No
Language:: English
Has Image Descriptions:: No
Categories:: Nonfiction, Technology, Politics and Government
Submitted By:: Bookshare Staff
Usage Restrictions:: This is a copyrighted book.