Endo, IsakuHirsch, SarahRogge, JanBorowik, Kamil2012-03-192012-04-042012-03-192012-04-042010978-0-8213-8139-7https://hdl.handle.net/10986/2698https://hdl.handle.net/10986/5925This report on the U.S.- Honduras remittance corridor describes the remittance regulatory and market environment, financial inclusion strategies by financial institutions, transnational economic activities, and the impacts of remittances on the Honduran economy. Six areas provide the focus of this report: (i) regulatory reforms for the remittance market are urgent in order to improve clarity in regulations as well as to include money transfer companies in the regulatory framework; (ii) money service businesses will benefit from an examination of state regulation and their subsequent harmonization and coordination; (iii) rural areas need to improve distributive infrastructure to better reap the benefits of the remittance flows; (iv) financial education and awareness for Honduran migrant communities are critical components with the overall remittance flow equation; (v) the regulatory environment of remittance flows would be greatly enhanced through the promotion, inclusion, and expansion of proper identification; and (vi) public policies can be directed to building an environment for diaspora investments in the community and local business developments for exports to Honduran communities abroad.CC BY 3.0 IGOACCESS TO REMITTANCE SERVICESACCESS TO SERVICESAMOUNTS OF REMITTANCESANNUAL REMITTANCESARMED CONFLICTARMED CONFLICTSBANK ACCOUNTBANK ACCOUNTSBANK SECRECY ACTBENEFICIARIES OF REMITTANCESCAPITA INCOMECAPITAL FLOWSCASH REMITTANCESCASH TRANSFERCHECK CASHINGCITIZENCITIZENSCITIZENSHIPCOLLECTIVE REMITTANCESCOMMUNITY DEVELOPMENTCONSULAR IDENTIFICATION CARDSCOUNTRIES OF DESTINATIONCOUNTRIES OF ORIGINCOUNTRY OF DESTINATIONCOUNTRY OF ORIGINCOURIER COMPANIESCOURIER SERVICESCREDIT UNIONSCURRENCY TRANSACTIONDEPOSIT INSURANCEDESTINATION COUNTRYDEVELOPING COUNTRIESDEVELOPMENT ASSISTANCEDEVELOPMENT IMPACT OF REMITTANCESDIASPORADIRECT DEPOSITDISSEMINATIONDISTRIBUTION OF REMITTANCESECONOMIC GROWTHEMIGRATIONEXCHANGE RATEEXTENDED SERVICESFAMILY MEMBERSFEMALE CLIENTSFEMALE MIGRANTSFINANCIAL CONTRIBUTIONFINANCIAL FLOWSFINANCIAL INSTITUTIONFINANCIAL LITERACYFINANCIAL PRODUCTSFINANCIAL SERVICESFLOWS OF REMITTANCESFOREIGN EXCHANGEFOREIGN EXCHANGE BUREAUSGROSS DOMESTIC PRODUCTGROSS NATIONAL PRODUCTHEALTH INSURANCEHOME COMMUNITIESHOME COUNTRIESHOME COUNTRYHOME DELIVERYHOMELAND SECURITYHOST COUNTRIESHOST COUNTRYHOUSEHOLD INCOMEHOUSEHOLD LEVELIMMIGRANTIMMIGRANT POPULATIONIMMIGRANTSIMMIGRATIONIMMIGRATION ACTIMPACT OF MIGRATIONINCOMESINFORMAL ECONOMYINFORMAL TRANSFERSINTERNAL MIGRANTSINTERNAL MIGRATIONINTERNATIONAL MIGRANTSINTERNATIONAL MIGRATIONINTERNATIONAL MONEY TRANSFERINTERNATIONAL ORGANIZATION FOR MIGRATIONINTERNATIONAL REMITTANCEINVESTMENT IN EDUCATIONIRREGULAR MIGRANTSIRREGULAR MIGRATIONJOB OPPORTUNITIESKINSHIPKNOWLEDGE OF REMITTANCESLABOR FORCELABOR MARKETLEGAL MIGRATIONLEGAL STATUSLEVEL OF EDUCATIONLOCAL COMMUNITIESLOCAL CURRENCYLOCAL DEVELOPMENTLOCAL ECONOMYMIGRANT ASSOCIATIONSMIGRANT COMMUNITIESMIGRANT GROUPSMIGRANT NETWORKSMIGRANT WORKERSMIGRANTSMIGRANTS ASSOCIATIONSMIGRANTS SENDING REMITTANCESMIGRATIONMIGRATION DATAMIGRATION PATTERNSMIGRATION POLICYMIGRATION PROCESSMIGRATION STATISTICSMONEY LAUNDERINGMONEY TRANSFERMONEY TRANSFER COMPANIESMONEY TRANSFER OPERATIONMONEY TRANSFER OPERATORMONEY TRANSFER SERVICEMONEY TRANSFER SERVICE PROVIDERSMONEY TRANSFERSMONEY TRANSPORTNATIONAL ACTIONNATIONAL ACTION PLANNATIONAL COMMITTEENATIONAL POLICYNATIONAL STRATEGYNATIONALSNUMBER OF HOUSEHOLDSNUMBER OF MIGRANTSOVERSEAS REMITTANCESPOLICY MAKERSPOSTAL SERVICESPOTENTIAL MIGRANTSPRIMARY EDUCATIONPUBLIC DISCUSSIONPUBLIC POLICYPULL FACTORPUSH FACTORSRECIPIENTS OF REMITTANCESREFUGEESREGULATORY FRAMEWORKREMITTANCEREMITTANCE CHANNELSREMITTANCE CORRIDORSREMITTANCE DISTRIBUTIONREMITTANCE FLOWREMITTANCE FLOWSREMITTANCE INDUSTRYREMITTANCE INFLOWSREMITTANCE MARKETREMITTANCE PAYMENTSREMITTANCE PRODUCTSREMITTANCE RECEIVERSREMITTANCE RECEIVINGREMITTANCE RECEIVING COUNTRIESREMITTANCE RECEIVING HOUSEHOLDSREMITTANCE RECIPIENTSREMITTANCE SENDERSREMITTANCE SERVICEREMITTANCE SERVICE PROVIDERSREMITTANCE SERVICESREMITTANCE TRANSACTIONSREMITTANCE TRANSFERSREMITTANCESREMITTANCES FLOWSREMITTANCES FROM MIGRANTSREMITTANCES SERVICESREMITTANCES TRANSFERSRESPECTRETURN MIGRATIONRISK FACTORSRURAL AREASRURAL COMMUNITIESSAVINGS ACCOUNTSSEND MONEYSEND REMITTANCESSERVICE PROVIDERSERVICE PROVIDERSSKILLED MIGRANTSSOCIAL INFRASTRUCTURESOCIAL SECURITYSPECIESTEMPORARY MIGRANTSTEMPORARY PROTECTIONTEMPORARY WORKTERTIARY EDUCATIONTRANSFER COSTSTRANSFER SERVICESTRANSNATIONAL NETWORKSUNDOCUMENTED MIGRANTUNDOCUMENTED MIGRANTSUNFPAUNIONSUNSKILLED LABORURBAN AREASUSE OF REMITTANCESWARSWORKFORCEYOUNG PEOPLEWorld Bank10.1596/978-0-8213-8139-7