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remittances Tagged Articles
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GLOBAL TRENDS OF ECONOMIC EFFECTS OF MIGRATION-Impacts on Small and Medium Enterprises (SMEs)
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| Human movement before the establishment of political boundaries or within one state, is termed migration. There are many reasons why people might choose to emigrate. Emigration is the act of leaving one's native country or region to settle in another. It is the same as immigration but from the perspective of the country of origin. According to the International Organization for Migration there are more than 200 million migrants around the world today. Europe hosted the largest number of immigrants, with 70.6 million people in 2005, the latest year for which figures are available. North America, with over 45.1 million immigrants, is second, followed by Asia, which hosts nearly 25.3 million. |
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How You Can Improve Cash Management
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| Cash flow has been called the lifeblood of business and it’s easy to see why. Sure, sales and profits are important, but it’s cash that keeps the wheels of your company turning. This makes effective cash flow management one of the most important tasks for any business owner. Understanding the basic concepts of cash flow and how to use cash management tools offered by commercial banks can help your business gain a competitive edge. |
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The economic implications of global remittances for SMEs
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| Immigrant entrepreneurs (most of them Micro-enterprises and SMEs are also ‘social actors’, who participate actively in transnational activities. For example, in the Dominican Republic, there are hundreds of small- to medium sized transnational enterprises (SMEs),including small factories, commercial/retail establishments and financial agencies. Such ventures are created and run by former migrants, who have returned to the Dominican Republic after acquiring capital and establishing ties with migrant communities in the United States, thus acquiring clients and investors abroad.
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The $20 Billion African Remittance Market
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| Remittances (money sent back home from Africans living abroad) back to Africa constitute some big numbers for Africa. About $10 billion gets sent to sub-Saharan Africa. That’s the official number of course, a World Bank report stated that it’s likely double that amount, due to Africans using non-traditional means to send capital back home. |
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How Do African Businesses Get Start Up Capital?
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| Hi again, sorry again for the long pause. It seems to be occurring more than what I would like, but things have been moving at whirlwind pace recently.
Anyway, this is a question for all of you entrepreneurs, business students, professors, and others in the know on the inner workings of start ups in Africa. How did you or someone that you know get start up funds?
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VII F. Attract Capital Flows and Encourage Foreign Participation: PROMOTING STOCK MARKET DEVELOPMENT IN AFRICA
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| Private capitals flows—foreign direct investment, remittances and portfolio investment and
are an important for stock market development. |
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Micro-finance Policy and Development Framework: Ethiopia
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| Ethiopia is the second most populous nation in sub-Saharan Africa with approximately 63 million
people and almost 44% of the population being in the age of 15 years and below. Ethiopia ranks
158 out of 162 countries in the Human Development Index (UNDP, 2001a). |
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Fonkoze - Educating Individuals to Become Self Sustaining
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| Fonkoze, Haiti’s largest microfinance institution, is another good example of integrating
microfinance with other services such as medical treatment, remittances, empowerment,
insurance against risk and natural disasters, health insurance, and in particular, education to help
improve clients’ situations and contribute to the overall economy. |
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Expanding the supply of finance through the non-financial private sector - Increasing SME Access to Finance: A Four Pronged Approach
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| Financial institutions are not the only source of money for
SMEs. Apart from remittances by nationals working abroad,
which are a key boost to private-sector growth, the interdependence
between SMEs, large firms and sectoral
“clusters” is a major potential source of finance, as shown
in Asia and Latin America. |
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1.8 References: Economic Report on Africa 2007
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| References |
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Other remittances Related Articles
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When is microfinance NOT an appropiate tool? FAQ
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| Microfinance increasingly refers to a host of financial services—savings, loans, insurance, remittances from abroad, and other products. It is hard to imagine that there would be any family in the world today for which some type of formal financial service couldn't be designed and made useful. But the fact of the matter is, that in most people's mind, "microfinance" still refers to microcredit.
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Expanding the supply of finance through the non-financial private sector - Increasing SME Access to Finance: A Four Pronged Approach
| |
| Financial institutions are not the only source of money for
SMEs. Apart from remittances by nationals working abroad,
which are a key boost to private-sector growth, the interdependence
between SMEs, large firms and sectoral
“clusters” is a major potential source of finance, as shown
in Asia and Latin America. |
|
|
Fonkoze - Educating Individuals to Become Self Sustaining
| |
| Fonkoze, Haiti’s largest microfinance institution, is another good example of integrating
microfinance with other services such as medical treatment, remittances, empowerment,
insurance against risk and natural disasters, health insurance, and in particular, education to help
improve clients’ situations and contribute to the overall economy. |
|
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VII F. Attract Capital Flows and Encourage Foreign Participation: PROMOTING STOCK MARKET DEVELOPMENT IN AFRICA
| |
| Private capitals flows—foreign direct investment, remittances and portfolio investment and
are an important for stock market development. |
|
|
The $20 Billion African Remittance Market
| |
| Remittances (money sent back home from Africans living abroad) back to Africa constitute some big numbers for Africa. About $10 billion gets sent to sub-Saharan Africa. That’s the official number of course, a World Bank report stated that it’s likely double that amount, due to Africans using non-traditional means to send capital back home. |
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