The Pakistan remittance initiative and remittance flows to Pakistan
This study investigates the impact of the Pakistan Remittance Initiative (PRI) on remittance flows to Pakistan. In 2009, the Government of Pakistan launched the PRI aimed at facilitating the flow of remittances sent home by non-resident Pakistanis. The PRI is comprised of multiple incentive schemes...
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| Formato: | Artículo preliminar |
| Lenguaje: | Inglés |
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International Food Policy Research Institute
2016
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| Acceso en línea: | https://hdl.handle.net/10568/148466 |
| _version_ | 1855531366542737408 |
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| author | Qureshi, Javaeria A. |
| author_browse | Qureshi, Javaeria A. |
| author_facet | Qureshi, Javaeria A. |
| author_sort | Qureshi, Javaeria A. |
| collection | Repository of Agricultural Research Outputs (CGSpace) |
| description | This study investigates the impact of the Pakistan Remittance Initiative (PRI) on remittance flows to Pakistan. In 2009, the Government of Pakistan launched the PRI aimed at facilitating the flow of remittances sent home by non-resident Pakistanis. The PRI is comprised of multiple incentive schemes that are aimed at making remittance transfer faster, cheaper, and more convenient, and at increasing the attractiveness of formal channels of transfer relative to informal channels. I find that the PRI is associated with a significant increase in the formal remittances sent to Pakistan as well as a strong shift in the channels used for remit-tance transfer. Estimates suggest that while the PRI led to a significant reallocation of remittances away from the informal channel to the formal channel, it is not clear that it has increased the total amount of remittances received. |
| format | Artículo preliminar |
| id | CGSpace148466 |
| institution | CGIAR Consortium |
| language | Inglés |
| publishDate | 2016 |
| publishDateRange | 2016 |
| publishDateSort | 2016 |
| publisher | International Food Policy Research Institute |
| publisherStr | International Food Policy Research Institute |
| record_format | dspace |
| spelling | CGSpace1484662025-11-06T06:50:40Z The Pakistan remittance initiative and remittance flows to Pakistan Qureshi, Javaeria A. economic growth remittances finance This study investigates the impact of the Pakistan Remittance Initiative (PRI) on remittance flows to Pakistan. In 2009, the Government of Pakistan launched the PRI aimed at facilitating the flow of remittances sent home by non-resident Pakistanis. The PRI is comprised of multiple incentive schemes that are aimed at making remittance transfer faster, cheaper, and more convenient, and at increasing the attractiveness of formal channels of transfer relative to informal channels. I find that the PRI is associated with a significant increase in the formal remittances sent to Pakistan as well as a strong shift in the channels used for remit-tance transfer. Estimates suggest that while the PRI led to a significant reallocation of remittances away from the informal channel to the formal channel, it is not clear that it has increased the total amount of remittances received. 2016-02-12 2024-06-21T09:24:46Z 2024-06-21T09:24:46Z Working Paper https://hdl.handle.net/10568/148466 en Open Access application/pdf International Food Policy Research Institute Qureshi, Javaeria A. 2016. The Pakistan remittance initiative and remittance flows to Pakistan. PSSP Working Paper 35. Washington, D.C: International Food Policy Research Institute (IFPRI). https://hdl.handle.net/10568/148466 |
| spellingShingle | economic growth remittances finance Qureshi, Javaeria A. The Pakistan remittance initiative and remittance flows to Pakistan |
| title | The Pakistan remittance initiative and remittance flows to Pakistan |
| title_full | The Pakistan remittance initiative and remittance flows to Pakistan |
| title_fullStr | The Pakistan remittance initiative and remittance flows to Pakistan |
| title_full_unstemmed | The Pakistan remittance initiative and remittance flows to Pakistan |
| title_short | The Pakistan remittance initiative and remittance flows to Pakistan |
| title_sort | pakistan remittance initiative and remittance flows to pakistan |
| topic | economic growth remittances finance |
| url | https://hdl.handle.net/10568/148466 |
| work_keys_str_mv | AT qureshijavaeriaa thepakistanremittanceinitiativeandremittanceflowstopakistan AT qureshijavaeriaa pakistanremittanceinitiativeandremittanceflowstopakistan |