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 [...]