Adams, Richard H. Jr.Maimbo, Samuel MunzeleAggarwal, ReenaPassas, Nikos2012-06-072012-06-072005978-0-8213-6183-2https://hdl.handle.net/10986/7426This paper provides a strategic overview of key issues relating to the remittance industry in the South Asia region. The paper builds on recent research on remittances that prominently features the South Asia region. Rather than duplicate that work, this study focuses only on the region's distinguishing characteristics, namely: a large migrant population of semiskilled and unskilled workers largely concentrated in the Persian Gulf countries, particularly Saudi Arabia and the United Arab Emirates, contributing to rising remittance flows; the presence of dedicated public institutions and government financial incentives aimed at facilitating and providing support for temporary migration and remittance inflows; the existence of large state bank branch networks with immense potential for a more effective and efficient remittance financial market; and the widespread use of trade-related informal remittance channels by both legal and illegal migrants.en-USCC BY 3.0 IGOACCOUNTABILITYAUTOMATED TELLER MACHINESAVERAGE INCOMEBANK ACCOUNTSBANK BRANCHESBANKING SERVICESBANKING SYSTEMSCLEARING HOUSECOMMERCIAL BANKCOMMERCIAL BANKSCOUNTRY DATADEPENDENT VARIABLEDESCRIPTIVE STATISTICSDEVELOPING COUNTRIESDEVELOPING WORLDDEVELOPMENT INDICATORSDEVELOPMENT REPORTDEVELOPMENT STRATEGYECONOMIC CONDITIONSECONOMIC DEVELOPMENTECONOMIC GROWTHECONOMIC POLICYECONOMICSEMPLOYMENTEMPLOYMENT OPPORTUNITIESFAMILY WELFAREFINANCIAL FLOWSFINANCIAL INSTITUTIONSFINANCIAL SECTORFINANCIAL SERVICESFINANCIAL SYSTEMSFOREIGN BANKSFOREIGN EXCHANGEGINI COEFFICIENTGROSS DOMESTIC PRODUCTHOUSEHOLD BUDGETHOUSEHOLD SURVEYHOUSINGIMPACT ON POVERTYINCOMEINCOME DISTRIBUTIONINCOME INEQUALITYINCREASED INVESTMENTINDEPENDENT VARIABLESINEQUALITYINTERNATIONAL MIGRANTSINTERNATIONAL MIGRATIONLABOR MARKETSLEGISLATIONLONG RUNLOTTERIESMANAGEMENT INFORMATION SYSTEMSMARGINAL PROPENSITYMEAN INCOMEMIDDLE EASTMIDDLE INCOMEMIGRANTMIGRANT HOUSEHOLDSMIGRANT WORKERSMIGRANTSMIGRATION EXPERIENCEMONEY TRANSFERSNATIONALIZED BANKSNONBANK FINANCIAL INSTITUTIONSNORTH AFRICAOUTPUT GROWTHPER CAPITA INCOMEPOINT ESTIMATESPOLICY DISCUSSIONPOLICY IMPLICATIONSPOLICY MAKERSPOORPOVERTY DATAPOVERTY GAPPOVERTY GAP INDEXPOVERTY IMPACTPOVERTY LINEPOVERTY MEASUREPOVERTY MEASURESPOVERTY REDUCTIONPROFITABILITYPUBLIC HOUSINGPUBLIC INFRASTRUCTUREPUBLIC POLICYREMITTANCEREMITTANCESRESERVE BANK OF INDIARURALRURAL ASSETSRURAL COMMUNITIESRURAL FAMILIESRURAL HOUSEHOLDSRURAL POORSAVINGSSOUTH ASIANSQUARED POVERTY GAPSQUARED POVERTY GAP INDEXSTATE BANK OF PAKISTANSTATE BANKSSUB-SAHARAN AFRICASUBSIDIARYTRANSACTION COSTSUNSKILLED WORKERSWorld Bank10.1596/978-0-8213-6183-2