Regional Integration, Remittances and Development
This project aims at shedding light on the relationship between regional integration, remittances and development. It has three (3) specific objectives: First specific objective: to understand how existing integration arrangements, whether formal or informal, affect remittance flows. For example, formal free trade agreements may contain disciplines on financial services that may reduce the cost of sending remittances across borders; moreover, informal economic integration via the strengthening of migrant networks, for example, may facilitate migration and increase the number of potential remittance senders. Second specific objective: to enhance our understanding of how remittances contribute to economic development, assessing, for example, remittances' impact on education, health, income distribution and saving. Third specific objective: to increase awareness in the region about the importance of remittances as a potential engine of economic development.

Project Detail

Country

Regional

Project Number

RG-T1054

Approval Date

July 16, 2004

Project Status

Closed

Project Type

Technical Cooperation

Sector

FINANCIAL MARKETS

Subsector

BANKING MARKET DEVELOPMENT

Lending Instrument

-

Lending Instrument Code

-

Modality

-

Facility Type

-

Environmental Classification

-

Total Cost

USD 150,000.00

Country Counterpart Financing

USD 0.00

Original Amount Approved

USD 150,000.00
Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
ATN/SF-8770-RG Sovereign Guaranteed USD - United States Dollar Fund for Special Operations Nonreimbursable
Operation Number ATN/SF-8770-RG
  • Lending Type: Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Fund for Special Operations
  • Financial Instrument: Nonreimbursable