Finance

 


The Growing Opportunities in Money Transfer

New Market Research Report: The Growing Opportunities in Money Transfer



09.09.2012 16:18:52 - Recently published research from Timetric, "The Growing Opportunities in Money Transfer", is now available at Fast Market Research

(live-PR.com) - Despite a series of economic adversities and financial instabilities in recent years, the remittance industry has remained resilient in many economies, most strikingly so in developing countries. Furthermore, the continuing progression of global migration trends means that this market is likely to remain strong for the foreseeable future, as a growing number of migrants use remittances to send money home

 

to relatives. Despite positive projections, some financial institutions and economic experts predict a more pessimistic picture for the future of remittances, raising concerns for the negative effects of diaspora and remittances to the economy and population in general. For example, issues such as the international deployment bans, political uprisings and crises, exchange rate appreciation and depreciation, high remitting costs, strict regulations and transaction policies continue to hinder the smooth rise of remittances in many countries, particularly in developing nations.

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Full Report Details at
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Key Highlights

* The growth rate of remittances was higher in 2011 than in 2010 for all regions, except the Middle East and North Africa where flows were disrupted by the Arab Spring.
* The momentum of female migration in Europe has been slowing since 2000 and showed a decline from 52.9% in 2000 to 52.2% in 2010.
* Remittance is the second largest external financing source in many developing countries.

Scope

This report will provide you with:

* A comprehensive analysis on recent trends, challenges, and practices in remittances
* Evaluates the demand, impact and potential trends of remittances worldwide
* Provides historic and forecast data on world wide remittances flow
* In depth analysis on flow of remittances at the regional level
* Exhaustive summary on the global migration trends and growth and development of diaspora communities

Reasons to Purchase

* Harness untapped opportunities in the remittances market
* Understand the need to lower transaction costs for remittance transactions
* Capture a broader base of remittance customers
* Predict the future growth of the remittances channel

Partial Table of Contents:

Executive Summary
Table of Contents
List of Tables
1 Remittances Today and Tomorrow: An Overview of Present and Future Trends, Challenges and Practices in Remittance Flows
2 Remittance Today: Recent Trends, Challenges and Practices in Remittances
3 Migration Trends
4 Remittances in developing countries
5 The Recent Impact and Economic Implications of Remittances
6 Players and strategies in migration and remittances
7 Revolutionising Remittance Transactions
8 The Future of Remittances
9 Moving Forward: Recommendations for Steady Growth in Remittances

List of Tables

Table 1.1: Outlook for Worldwide Remittance Flows, 2012-2014, (US$ billion)
Table 2.1: Tabular presentation of remittances concepts
Table 2.2 Migrant remittance inflows are better monitored than outflows
Table 2.3 Central Banks are starting to record transfers through new remittance technologies and channels
Table 2.4 Officially-recorded remittances worldwide from 1995-2011
Table 2.5 Officially-recorded remittances in East Asia and Pacific (1995-2011)
Table 2.6 Officially-recorded remittances in Europe and Central Asia (1995-2011)
Table 2.7 Officially-recorded remittances in Latin America and the Caribbean (1995-2011)
Table 2.8 Officially-recorded remittances in Middle East and North Africa (1995-2011)
Table 2.9 Officially-recorded remittances in South Asia (1995-2011)
Table 2.10 Officially-recorded remittances in Sub-Saharan Africa (1995-2011)
Table 5.1 Top 10 countries according to their migrant population in 2010
Table 5.2 Emigrant Population Growth in 2010
Table 5.3: Percentage of low, middle, and highly-skilled immigrants in the United States
Table 5.4 Leading non-traditional destinations for U.S. students studying abroad for 2009-2010
Table 6.1 Remittance sending countries to the Philippines in 2010
Table 6.2 MENA countries and their remittance inflow growth rates in 2010 (by percentage)
Table 8.1 Immigration laws enacted from various states
Table 8.2 Average costs in sending US$200 in remittances
Table 8.3 Average costs in sending US$500 in remittances
Table 10.1 Resource Flows to Developing Countries (US$ billions)
Table 10.2 Customer satisfaction in the money sending method used

List of Figures

Figure 2.1 The top-cited method for estimating remittance transfers through informal channels
Figure 2.2 Remittances and other resource flows to developing countries, 1990-2014
Figure 2.3 Top 10 recipients of migrant remittances as a % of GDP, 2010
Figure 2.4 Top 10 remittance corridors as a % of recipient's GDP, 2010
Figure 2.5 Remittances as a % of GDP, 2010
Figure 2.6 Top 10 recipients of migrant remittances (US$ billion, 2011e)
Figure 2.7 Top remittance-sending countries 2009 (US$ billions)
Figure 2.8 Remittance flows to developing regions 2009-2013 (US$ Billions)
Figure 2.9 Total amount of remittances received in 2011 by country in US$ Millions
Figure 2.10 Remittances to Latin America and the Caribbean (2005-2011) in US$ billions
Figure 2.11 Trends in remittances to Latin America and the Caribbean (2006-2011) Millions of U.S. Dollars
Figure 2.12 Remittances to Latin America and the Caribbean (2007-2011) Y-o-Y Growth
Figure 5.1 International migration corridors, (In million, 2010)

Full Table of Contents is available at:
-- www.fastmr.com/catalog/product.aspx?productid=45 ..

About Timetric

Timetric is an independent economic and business research firm providing critical intelligence on emerging economies and key global industries. They provide detailed economic and sector intelligence, business insights and authoritative, independent commentary. View more research from Timetric at www.fastmr.com/catalog/publishers.aspx?pubid=103 ..

About Fast Market Research

Fast Market Research is an online aggregator and distributor of market research and business information. We represent the world's top research publishers and analysts and provide quick and easy access to the best competitive intelligence available.

For more information about these or related research reports, please visit our website at www.fastmr.com or call us at 1.800.844.8156.


Author:
Bill Thompson
e-mail
Web: http://www.fastmr.com
Phone: 1.413.485.7001


 

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