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Remittance Flow Fails to be Captured

Nov 7, 2007

Most Central Americans who send or receive international money transfers remain excluded from the formal financial system, according to the IDB's Multilateral Investment Fund (MIF). "We have to give these families more options to manage...

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At a fundamental level, the issue is how to generate healthy returns in the medium to long term. Policy holders can see their fund go down over the course of a week or a month, but what we really should be looking at is returns over 20 or 30 years.

Daniel Schydlowsky, Peru’s banking, insurance and private pension fund regulator


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