Gunasundari, K and Aishwarya, C (2024) EXAMINING THE ROLE OF REMITTANCE AND PRODUCTS IN PROMOTION OF FINANCIAL INCLUSION. EXAMINING THE ROLE OF REMITTANCE AND PRODUCTS IN PROMOTION OF FINANCIAL INCLUSION, 6 (14). pp. 3440-3455. ISSN 2663-2187

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Abstract

The use of remittances and financial inclusion. A report by the International Fund
for Agricultural Development and the World Bank Group to the G20 Global
Partnership for Financial Inclusion. This articleprovides an overview of the relevant
general trends in leveraging remittances as a means to enhance financial inclusion,
and it underscores the importance of maximizing the economic impact of
remittances towards sustainable development. It describes different patterns
(domestic vs. international; circular settlement), the segmentation of utilization
according to region of destination or origin, and the related behaviours in the
utilization of remittance services. It also defines an analytical framework for
understanding the instrumental role of remittances as a means to foster financial
inclusion. While the extra demand for products and services helps develop local
markets and supports businesses, expanding financial infrastructure provides access
to services that are often not available in more remote urban or rural areas

Item Type: Article
Uncontrolled Keywords: Remittance, Inclusion, transaction, Instuments
Divisions: PSG College of Arts and Science > Department of Commerce
Depositing User: Mr Team Mosys
Date Deposited: 22 Oct 2024 12:24
Last Modified: 22 Oct 2024 12:24
URI: https://ir.psgcas.ac.in/id/eprint/2336

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