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Pre-financing Migrant Remittance Flows in Support of Agricultural Development in Africa

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Author Info
Lamon Rutten (UNCTAD)
Okey Oramah (African Export-Import Bank)

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Abstract

This paper discusses how migrant remittances (which are of large importance to many developing countries) can be used not only as a source of earnings, but also as a tool to generate low-cost finance (at terms better than those imposed by the country's sovereign rating). A concrete structured financing based on migrant remittances into Ghana is described in detail.

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File URL: http://129.3.20.41/eps/if/papers/0301/0301001.pdf
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Publisher Info
Paper provided by EconWPA in its series International Finance with number 0301001.

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Length: 12 pages
Date of creation: 03 Jan 2003
Date of revision:
Handle: RePEc:wpa:wuwpif:0301001

Note: Type of Document - pdf; pages: 12; figures: included. pdf file
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Web page: http://129.3.20.41

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Related research
Keywords: migrant remittances structured finance agricultural finance Ghana;

Find related papers by JEL classification:
F30 - International Economics - - International Finance - - - General
G24 - Financial Economics - - Financial Institutions and Services - - - Investment Banking; Venture Capital; Brokerage
Q14 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Finance

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This page was last updated on 2009-11-13.

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