Honduras

Honduras
Author: Great Britain. Commercial Relations and Exports Dept
Publisher:
Total Pages: 666
Release: 1923
Genre:
ISBN:

The U.S.-Honduras Remittance Corridor

The U.S.-Honduras Remittance Corridor
Author: Isaku Endo
Publisher: World Bank Publications
Total Pages: 99
Release: 2010-03-12
Genre: Technology & Engineering
ISBN: 0821381466

This paper provides an overview of remittances and migration between Honduras and the United States and analyzes the remittance regulatory and market environment, including financial inclusion strategies, transnational economic activities, and the impact of remittances on the Honduran economy. 'The U.S.-Honduras Remittance Corridor' makes policy recommendations to the authorities of Honduras and the United States, especially for regulatory reforms that promote the integrity and efficiency of money transfer businesses. We also recommend the development of financial infrastructures in rural areas for better distribution of remittances. Furthermore, we suggest that public policy should be more focused on building an environment for investment in the community and developing local businesses that export to Honduran communities abroad.