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Les hawalas : les systèmes informels de transfert des fonds
[Hawala: informal funds transfer systems]

Author

Listed:
  • Mahamoud, Ismael

Abstract

The informal systems of transfer of funds (hawalas) arouse an increased interest on behalf of the authorities concerned to regulate them but also among the researchers who try to analyze how they operate for better appreciating of their macroeconomic impact. These institutions are primarily used by the emigrants in order to repatriate part of their income towards their native countries and constitute a source of alternative financing taking into consideration failure of the traditional banking structures. However, hardenings of the regulation are likely to weaken these systems and to deprive a large category of the population, mainly the poor, of an essential supplementary income.

Suggested Citation

  • Mahamoud, Ismael, 2006. "Les hawalas : les systèmes informels de transfert des fonds [Hawala: informal funds transfer systems]," MPRA Paper 48883, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:48883
    as

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    File URL: https://mpra.ub.uni-muenchen.de/48883/1/MPRA_paper_48883.pdf
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    References listed on IDEAS

    as
    1. Mahamoud, Ismael & Adair, Philippe, 2006. "Les enquêtes sur le secteur informel à Djibouti : une analyse comparative 1980-2001 [The surveys on the informal sector in Djibouti: A Comparative Analysis 1980-2001]," MPRA Paper 59136, University Library of Munich, Germany.
    2. World Bank, 2005. "Global Economic Prospects 2006 : Economic Implications of Remittances and Migration," World Bank Publications - Books, The World Bank Group, number 7306, April.
    Full references (including those not matched with items on IDEAS)

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    Keywords

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    JEL classification:

    • O1 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development
    • O17 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Formal and Informal Sectors; Shadow Economy; Institutional Arrangements
    • O5 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies
    • O55 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Africa

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