Publication:
The U.S.-Guatemala Remittance Corridor : Understanding Better the Drivers of Remittances Intermediation

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dc.contributor.authorCheikhrouhou, Hela
dc.contributor.authorJarque, Rodrigo
dc.contributor.authorHernández-Coss, Raúl
dc.contributor.authorEl-Swaify, Radwa
dc.date.accessioned2012-06-05T20:04:23Z
dc.date.available2012-06-05T20:04:23Z
dc.date.issued2006
dc.description.abstractThis study reports on recent development and future potential for U.S.-based Guatemalan workers cross-border retail transfers to be more formal, cheaper, and disposed to the cross-sale of financial products and services. It also presents the key features of remittances senders, recipients, instruments, and intermediaries involved. The paper focuses on three areas: (a) the main characteristics of the Guatemalan migrants in the United States and the key drivers behind their decision to remit money and to choose an intermediary; (b) financial infrastructure supporting U.S.-Guatemala remittances processing, especially the role of technology, payment systems and innovations going forward, as avenues to help lower transaction costs, among others; and (c) the landscape of workers remittances distribution in Guatemala, examines the characteristics of recipients and the evidence of remittances impact, and analyzes the indications of potential for cross-sale of financial services to recipients.en
dc.identifierhttp://documents.worldbank.org/curated/en/2006/01/7219896/us-guatemala-remittance-corridor-understanding-better-drivers-remittances-intermediation
dc.identifier.doi10.1596/978-0-8213-6782-7
dc.identifier.isbn978-0-8213-6782-7
dc.identifier.urihttps://hdl.handle.net/10986/7172
dc.languageEnglish
dc.language.isoen_US
dc.publisherWashington, DC: World Bank
dc.relation.ispartofseriesWorld Bank Working Paper No. 86
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo
dc.subjectACCOUNTING
dc.subjectAFFILIATE
dc.subjectAGRICULTURAL ACTIVITIES
dc.subjectAGRICULTURE
dc.subjectANTI-MONEY LAUNDERING
dc.subjectANTI-MONEY LAUNDERING REGULATIONS
dc.subjectBALANCE OF PAYMENTS
dc.subjectBANK
dc.subjectBANK ACCOUNT
dc.subjectBANK ACCOUNTS
dc.subjectBANK SECRECY ACT
dc.subjectBANKING SECTOR
dc.subjectBANKING SYSTEM
dc.subjectBANKS
dc.subjectBORDER TRANSACTIONS
dc.subjectBORDER TRANSFERS
dc.subjectCAPITA REMITTANCES
dc.subjectCASH REMITTANCES
dc.subjectCHECK CASHING
dc.subjectCITIZENS
dc.subjectCIVIL CONFLICT
dc.subjectCLEARING HOUSE
dc.subjectCLEARING HOUSES
dc.subjectCOMMERCIAL CODE
dc.subjectCOMPENSATION OF EMPLOYEES
dc.subjectCONSUMER PROTECTION
dc.subjectCOOPERATIVES
dc.subjectCORP.
dc.subjectCOURIER SERVICES
dc.subjectCREDIT INSTITUTIONS
dc.subjectCREDIT UNIONS
dc.subjectDATA ON REMITTANCES
dc.subjectDEPOSIT INSURANCE
dc.subjectDEPOSITORS
dc.subjectDEVELOPING COUNTRIES
dc.subjectDISSEMINATION
dc.subjectDRUG ABUSE
dc.subjectDUE DILIGENCE
dc.subjectEFFECT OF REMITTANCES
dc.subjectELECTRONIC FUNDS
dc.subjectELECTRONIC FUNDS TRANSFERS
dc.subjectELECTRONIC TRANSFER
dc.subjectELECTRONIC TRANSFERS
dc.subjectEMIGRANT REMITTANCES
dc.subjectEMPLOYMENT
dc.subjectEMPLOYMENT OPPORTUNITIES
dc.subjectEXCHANGE RATES
dc.subjectFAMILY MEMBERS
dc.subjectFARMERS
dc.subjectFEDERAL DEPOSIT INSURANCE
dc.subjectFEDERAL DEPOSIT INSURANCE CORPORATION
dc.subjectFEDERAL RESERVE SYSTEM
dc.subjectFINANCIAL FLOWS
dc.subjectFINANCIAL INFRASTRUCTURE
dc.subjectFINANCIAL INSTITUTION
dc.subjectFINANCIAL INSTITUTIONS
dc.subjectFINANCIAL INTERMEDIARIES
dc.subjectFINANCIAL INTERMEDIATION
dc.subjectFINANCIAL LITERACY
dc.subjectFINANCIAL MARKETS
dc.subjectFINANCIAL PRODUCTS
dc.subjectFINANCIAL SERVICES
dc.subjectFINANCIAL SYSTEMS
dc.subjectFINANCIAL TRANSACTIONS
dc.subjectFOREIGN ASSETS
dc.subjectFOREIGN CURRENCY
dc.subjectFOREIGN DIRECT INVESTMENT
dc.subjectFOREIGN EXCHANGE
dc.subjectFOREIGN WORKERS
dc.subjectGROSS DOMESTIC PRODUCT
dc.subjectHOME COUNTRY
dc.subjectHOST COUNTRIES
dc.subjectHOST COUNTRY
dc.subjectHOUSEHOLD INCOME
dc.subjectHOUSING
dc.subjectID REQUIREMENTS
dc.subjectIMMIGRANTS
dc.subjectIMMIGRATION
dc.subjectIMPACT OF REMITTANCES
dc.subjectIMPORTANCE OF REMITTANCES
dc.subjectINCOME
dc.subjectINCOME DISTRIBUTION
dc.subjectINCOME INEQUALITY
dc.subjectINCOMES
dc.subjectINDIVIDUALS
dc.subjectINFORMAL CHANNELS
dc.subjectINTERNATIONAL BORDERS
dc.subjectINTERNATIONAL ORGANIZATION FOR MIGRATION
dc.subjectINTERNATIONAL REMITTANCE
dc.subjectINTERNATIONAL REMITTANCE SYSTEMS
dc.subjectLATIN AMERICAN
dc.subjectLAWS
dc.subjectLEGAL FRAMEWORK
dc.subjectLEGAL STATUS
dc.subjectLIMITED
dc.subjectMACROECONOMIC LEVEL
dc.subjectMERGER
dc.subjectMERGER AGREEMENT
dc.subjectMICROFINANCE
dc.subjectMIGRANTS
dc.subjectMIGRATION
dc.subjectMIGRATION FLOWS
dc.subjectMIGRATORY STATUS
dc.subjectMONETARY REMITTANCES
dc.subjectMONEY GRAM
dc.subjectMONEY LAUNDERING
dc.subjectMONEY ORDER
dc.subjectMONEY ORDERS
dc.subjectMONEY TRANSFER
dc.subjectMONEY TRANSFER COMPANIES
dc.subjectMONEY TRANSFER OPERATOR
dc.subjectMONEY TRANSFER OPERATORS
dc.subjectMONEY TRANSFERS
dc.subjectMONEY TRANSMITTERS
dc.subjectMOTHER
dc.subjectNATIONAL SECURITY
dc.subjectOPERATING COSTS
dc.subjectPARTNERSHIP
dc.subjectPAYMENT SYSTEMS
dc.subjectPENSIONS
dc.subjectPOSTAL SERVICE
dc.subjectPOSTAL SERVICES
dc.subjectPOVERTY ALLEVIATION
dc.subjectPRIMARY EDUCATION
dc.subjectPRIVATE ENTITIES
dc.subjectPROFITABILITY
dc.subjectPROPRIETARY
dc.subjectPUBLIC FINANCE
dc.subjectRECIPIENT COUNTRIES
dc.subjectRECIPIENT COUNTRY
dc.subjectREGULATORY COMPLIANCE
dc.subjectREGULATORY FRAMEWORK
dc.subjectREMITTANCE
dc.subjectREMITTANCE BUSINESS
dc.subjectREMITTANCE CORRIDORS
dc.subjectREMITTANCE DISTRIBUTION
dc.subjectREMITTANCE FLOW
dc.subjectREMITTANCE FLOWS
dc.subjectREMITTANCE INDUSTRY
dc.subjectREMITTANCE MARKET
dc.subjectREMITTANCE PAYMENTS
dc.subjectREMITTANCE PRODUCTS
dc.subjectREMITTANCE RECEIVER
dc.subjectREMITTANCE RECIPIENTS
dc.subjectREMITTANCE SENDERS
dc.subjectREMITTANCE SERVICE
dc.subjectREMITTANCE SERVICE PROVIDERS
dc.subjectREMITTANCE SERVICES
dc.subjectREMITTANCE TRANSACTION
dc.subjectREMITTANCE TRANSACTIONS
dc.subjectREMITTANCE TRANSFER
dc.subjectREMITTANCE-RECEIVING HOUSEHOLDS
dc.subjectREMITTANCES
dc.subjectREMITTANCES FLOWS
dc.subjectREMITTERS
dc.subjectRURAL AREAS
dc.subjectSAVINGS
dc.subjectSEND REMITTANCES
dc.subjectSERVICE PROVIDER
dc.subjectSOCIAL SERVICES
dc.subjectSOCIETY
dc.subjectSPONSOR
dc.subjectSPOUSES
dc.subjectSUBSIDIARY
dc.subjectTAKEOVER
dc.subjectTERRORIST
dc.subjectTRANSACTION COSTS
dc.subjectTRANSFER CHANNELS
dc.subjectTRANSFER FEE
dc.subjectTRANSFER OF REMITTANCES
dc.subjectTRANSFER SERVICES
dc.subjectTRANSPORTATION
dc.subjectUNDOCUMENTED MIGRANT
dc.subjectUNDOCUMENTED MIGRANTS
dc.subjectUNDOCUMENTED WORKERS
dc.subjectUNION
dc.subjectUNSKILLED LABOR
dc.subjectUNSKILLED WORKERS
dc.subjectUSING MONEY ORDERS
dc.subjectWORK FORCE
dc.subjectWORKER REMITTANCES
dc.subjectWORKERS REMITTANCES
dc.titleThe U.S.-Guatemala Remittance Corridor : Understanding Better the Drivers of Remittances Intermediationen
dspace.entity.typePublication
okr.crosscuttingsolutionareaJobs
okr.date.disclosure2010-04-20
okr.doctypePublications & Research::Publication
okr.doctypePublications & Research::Publication
okr.docurlhttp://documents.worldbank.org/curated/en/2006/01/7219896/us-guatemala-remittance-corridor-understanding-better-drivers-remittances-intermediation
okr.globalpracticeMacroeconomics and Fiscal Management
okr.globalpracticeAgriculture
okr.globalpracticeFinance and Markets
okr.globalpracticeGovernance
okr.globalpracticeFinance and Markets
okr.globalpracticeHealth, Nutrition, and Population
okr.guid867731468313795441
okr.identifier.doi10.1596/978-0-8213-6782-7
okr.identifier.externaldocumentum000020953_20061122134924
okr.identifier.internaldocumentum7219896
okr.identifier.report38059
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2006/11/22/000020953_20061122134924/Rendered/PDF/380590US0GU0Re101OFFICIAL0USE0ONLY1.pdfen
okr.sectorFinance :: General finance sector
okr.topicHealth, Nutrition and Population::Population Policies
okr.topicLaw and Development::Corporate Law
okr.topicAgriculture and Farming Systems
okr.topicBanks and Banking Reform
okr.topicMacroeconomics and Economic Growth::Remittances
okr.topicFinance and Financial Sector Development
okr.topicHealth, Nutrition and Population
okr.topicAgriculture
okr.volume1 of 1
relation.isSeriesOfPublication3e126efc-de2f-4a95-be5b-bd2e430a4843
relation.isSeriesOfPublication.latestForDiscovery3e126efc-de2f-4a95-be5b-bd2e430a4843
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