Publication:
The Urban Unbanked in Mexico and the United States

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dc.contributor.authorCaskey, John P.
dc.contributor.authorDurán, Clemente Ruíz
dc.contributor.authorSolo, Tova Maria
dc.date.accessioned2012-06-22T15:14:44Z
dc.date.available2012-06-22T15:14:44Z
dc.date.issued2006-02
dc.description.abstractThis paper examines the ways in which lower-income households obtain basic financial services in urban communities in Mexico and the United States. And it discusses the efforts that private sector and government organizations are making to lower the cost or improve the quality of those services. The paper summarizes available information on these issues and assesses the rationale and challenges facing the strategies that both countries are using to improve the financial services available to lower-income households, giving particular attention to "unbanked" households, meaning households that do not have deposit accounts with any regulated deposit-taking institution, and also to lower-income households in large urban areas. In comparing the experiences of the two countries, the paper reviews the extent to which lower-income households are unbanked, their use of non-bank financial services, and strategies for improving financial services to the unbanked. The underlying differences between the countries' typical household incomes-national income per capita in Mexico in 2002 was US$8,540, compared with $35,060 in the United States (World Bank 2003)-may also influence the difference in percentage of unbanked-9.1 percent of families in the United States compared with 76.4 percent found in a recent study in Mexico City.en
dc.identifierhttp://documents.worldbank.org/curated/en/2006/02/6559581/urban-unbanked-mexico-united-states
dc.identifier.doi10.1596/1813-9450-3835
dc.identifier.urihttps://hdl.handle.net/10986/8777
dc.languageEnglish
dc.publisherWorld Bank, Washington, DC
dc.relation.ispartofseriesPolicy Research Working Paper; No. 3835
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectACCESS TO BANKING SERVICES
dc.subjectACROSS BORDERS
dc.subjectBANK ACCOUNT
dc.subjectBANK ACCOUNTS
dc.subjectBANK LENDING
dc.subjectBANK LOANS
dc.subjectBANK TRANSFER
dc.subjectBANKING INDUSTRY
dc.subjectBANKING SECTOR
dc.subjectBANKING SERVICES
dc.subjectBANKING SYSTEM
dc.subjectBANKS
dc.subjectBENCHMARK
dc.subjectBILL PAYMENT
dc.subjectBILL PAYMENTS
dc.subjectBORROWING
dc.subjectBUSINESS LOANS
dc.subjectCAPITAL MARKETS
dc.subjectCHECK CASHING
dc.subjectCOMMERCIAL BANKS
dc.subjectCOMMUNITY BANKS
dc.subjectCOMMUNITY DEVELOPMENT
dc.subjectCONSUMERS
dc.subjectCREDIT CARD
dc.subjectCREDIT CARDS
dc.subjectCREDIT LINES
dc.subjectCREDIT RISK
dc.subjectCREDIT UNIONS
dc.subjectDEBIT CARD
dc.subjectDEBT
dc.subjectDEPOSIT ACCOUNTS
dc.subjectDEPOSIT INSURANCE
dc.subjectDEPOSITORS
dc.subjectDEPOSITS
dc.subjectDEVELOPMENT BANKING
dc.subjectDIRECT DEPOSIT
dc.subjectECONOMIC DEVELOPMENT
dc.subjectECONOMIC EQUILIBRIUM
dc.subjectECONOMIC GROWTH
dc.subjectECONOMIC LIFE
dc.subjectELECTRONIC PAYMENT
dc.subjectELECTRONIC TRANSFER
dc.subjectEMPLOYMENT
dc.subjectFACE VALUE
dc.subjectFINANCIAL INSTITUTION
dc.subjectFINANCIAL INSTITUTIONS
dc.subjectFINANCIAL INTERMEDIARIES
dc.subjectFINANCIAL INTERMEDIATION
dc.subjectFINANCIAL MARKETS
dc.subjectFINANCIAL SECTOR
dc.subjectFINANCIAL SERVICES
dc.subjectFINANCIAL TRANSACTIONS
dc.subjectGDP
dc.subjectHOME OWNERSHIP
dc.subjectHOMEOWNERS
dc.subjectHOMES
dc.subjectHOUSEHOLDS
dc.subjectHOUSING
dc.subjectIMMIGRANT COMMUNITIES
dc.subjectINCOME
dc.subjectINCOME DISTRIBUTION
dc.subjectINCOME INEQUALITY
dc.subjectINCOMES
dc.subjectINTEREST RATE
dc.subjectINTEREST RATES
dc.subjectINTERNATIONAL REMITTANCES
dc.subjectLABOR COSTS
dc.subjectLARGE CITIES
dc.subjectMICROFINANCE
dc.subjectMIGRANTS
dc.subjectMINIMUM BALANCE REQUIREMENTS
dc.subjectMONEY ORDER
dc.subjectMONEY ORDERS
dc.subjectNATIONAL BANKS
dc.subjectNATIONAL ECONOMY
dc.subjectNATIONAL INCOME
dc.subjectOPPORTUNITY COST
dc.subjectPAYDAY LENDERS
dc.subjectPAYMENT SERVICES
dc.subjectPAYMENTS
dc.subjectPOSTAL SAVINGS
dc.subjectPRICE CONTROLS
dc.subjectPRIVATE BANKS
dc.subjectPRODUCTIVITY
dc.subjectPROFITABILITY
dc.subjectPUBLIC POLICY
dc.subjectPURCHASING POWER
dc.subjectREMITTANCE
dc.subjectRETAIL BANKING
dc.subjectRURAL DEVELOPMENT
dc.subjectSAVINGS
dc.subjectSAVINGS INSTITUTIONS
dc.subjectSAVINGS PROGRAMS
dc.subjectSUBSIDIARY
dc.subjectTRANSACTION COSTS
dc.subjectURBAN AREAS
dc.subjectURBAN COMMUNITIES
dc.titleThe Urban Unbanked in Mexico and the United Statesen
dspace.entity.typePublication
okr.crosscuttingsolutionareaJobs
okr.crossref.titleThe Urban Unbanked In Mexico And The United States
okr.date.doiregistration2025-04-10T07:20:01.352170Z
okr.doctypePublications & Research::Policy Research Working Paper
okr.doctypePublications & Research
okr.docurlhttp://documents.worldbank.org/curated/en/2006/02/6559581/urban-unbanked-mexico-united-states
okr.globalpracticeMacroeconomics and Fiscal Management
okr.globalpracticeSocial, Urban, Rural and Resilience
okr.globalpracticeFinance and Markets
okr.globalpracticeFinance and Markets
okr.guid223411468049748387
okr.identifier.doi10.1596/1813-9450-3835
okr.identifier.externaldocumentum000016406_20060126162730
okr.identifier.internaldocumentum6559581
okr.identifier.reportWPS3835
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2006/01/26/000016406_20060126162730/Rendered/PDF/wps3835.pdfen
okr.region.administrativeLatin America & Caribbean
okr.region.countryUnited States
okr.region.countryMexico
okr.topicMacroeconomics and Economic Growth::Remittances
okr.topicEconomic Theory and Research
okr.topicBanks and Banking Reform
okr.topicFinance and Financial Sector Development::Financial Intermediation
okr.topicHousing and Human Habitats
okr.topicCommunities and Human Settlements
okr.unitDevelopment Research Group (DECRG)
okr.volume1 of 1
relation.isSeriesOfPublication26e071dc-b0bf-409c-b982-df2970295c87
relation.isSeriesOfPublication.latestForDiscovery26e071dc-b0bf-409c-b982-df2970295c87
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