Biblioteca Virtual del INSTRAW

This publication examines the remittances and its potential effect on development. Financial institution can play a key role in promoting the development potential of these investments, particularly with regard to women. As women play increasingly important roles as remittance senders, recipients and managers, the kinds of services provided by financial institutions should be carefully considered in terms of their specific needs and priorities. In addition assessing the impact of remittances on local development depends on the way both development and investment are defined.