2011 XXXV 1

Remittances and financial sector development. Lessons from the Salvadoran case

Christian Ambrosius
Savings and Development Vol. 35(2011), No. 1, pp. 1-27

The paper takes a closer look at the benefits and limitations of “banking” remittances in the case of El Salvador, where state-owned banks followed an active policy of reaching out to the diaspora. The first part analyzes the role of different [...]

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Saving, debt inflows, and growth Nexus in Tunisia

Samir Abdelhafidh
Savings and Development Vol. 35(2011), No. 1, pp. 29-53

This paper investigates the causality links among domestic saving, external debt inflows, and economic growth in Tunisia over the period 1970-2008. The Autoregressive Distributed Lag (ARDL) approach proves cointegration relationships between the [...]

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Corruption, investissements et croissance économique en Côte d’Ivoire

Wautabouna Ouattara
Savings and Development Vol. 35(2011), No. 1, pp. 55-73

The purpose of this paper is to analyze the impact of corruption on the private and public investments in Cote d’Ivoire and to study their impacts on the economic growth. In addition, we try to appreciate the impact of the Ivoirian military and [...]

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Microfinance institutions on the remittances market: do money transfer activities generate deposits?

Ritha Sukadi Mata
Savings and Development Vol. 35(2011), No. 1, pp. 75-95

Microfinance institutions (MFIs) are expected to succeed in transforming migrants’ remittances into deposits. Based on an original database including 114 MFIs from Africa, South Asia, Latin America and the Caribbean, and East Asia and the Pacific, [...]

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Innovative flexible products in microfinance

Carolina Laureti and Michael Hamp
Savings and Development Vol. 35(2011), No. 1, pp. 97-129

The paper describes innovative microfinance products that combine flexibility features with financial discipline. Those are microsavings, microcredit and microinsurance products and they come from microfinance institutions worldwide. This review [...]

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