As LIRNEasia plans its research program for 2008-09, the issue of money transfers through mobiles (first raised in the academic literature, to the best of my knowledge, by Professor Jens Arnbak in his contribution to a book that I co-edited in 2002) is rising in importance in the news as well as in our own thinking.
Migrant Cash Is World Economic Giant - Forbes.com
_ India is the world leader in remittances, taking in $23.7 billion in 2005 and an estimated $26.9 billion last year, the World Bank says. Western Union, traditionally one of the most frequently tapped money transfer companies, says its share of Indian transactions has grown at least 90 percent over each of the past six quarters.
_ Immigrants from Albania, one of Europe’s poorest…
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