Click here for search results
The Canada-Vietnam remittance corridor : lessons on shifting from informal to formal transfer systems, Volume 1
Author:Hernandez-Coss, Raul; Country:Canada; Vietnam;
Date Stored:2006/11/10Document Date:2005/03/01
Document Type:PublicationSubTopics:Economic Theory & Research; National Governance; Banks & Banking Reform; Health Economics & Finance; Governance Indicators
Region:Rest Of The World; East Asia and PacificReport Number:32179
Collection Title:World Bank working paper ; no. 48Volume No:1

Summary: Examining the experience of the Canada-Vietnam remittances corridor over the past several years, this title is a first step towards identifying the main features and pointing out some of the areas and issues that researchers and authorities should examine more closely. In contrast to the large size and advanced level of development of the U.S.-Mexico remittances corridor, examined in the first case study, the Canada-Vietnam corridor is small in absolute terms and still at a nascent stage of shifting from informal to formal systems. For purposes of discussion, The Canada-Vietnam Remittance Corridor breaks down the remittance process into three stages: the First Mile, when decisions are in the hands of the remittance sender; the Intermediary Stage, comprising the systems that facilitate the cross-border transfer of funds, and; the Last Mile, where the funds reach the hands of the remittance recipient. By analyzing the objectives, obstacles, incentives, and changes occurring at each of these stages in the Canada-Vietnam corridor, lessons are drawn for other remittance sending and receiving countries that seek to encourage formalization of the flows.

Official Documents
Official, scanned versions of documents (may include signatures, etc.)
File TypeDescriptionFile Size (mb)
PDF 96 pagesOfficial version*0.72
TextText version**
How To Order

* The official version is derived from scanning the final, paper copy of the document and is the official,
archived version including all signatures, charts, etc.
** The text version is the OCR text of the final scanned version and is not an accurate representation of the final text.
It is provided solely to benefit users with slow connectivity.

Permanent URL for this page: