{"product_id":"9780821360873","title":"The U.S.-Mexico Remittance Corridor: Lessons on Shifting from Informal to Formal Transfer Systems","description":"Examining the experience of the U.S.-Mexico remittances corridor over the last eight years, this title derives specific lessons that could be applicable to other remittance corridors when shifting from informal to formal systems. \u003cp\u003e\u003ci\u003eLessons\u003c\/i\u003e focuses on a few selected aspects of the remittance experience and breaks down the remittance process into three stages:\u003c\/p\u003e\u003cul\u003e \u003cli\u003ethe First Mile, when decisions are in the hands of the remittance sender;\u003c\/li\u003e\n\u003cli\u003ethe Intermediary Stage, comprising the systems that facilitate the cross-border transfer of funds, and;\u003c\/li\u003e\n\u003cli\u003ethe Last Mile, where the funds reach the hands of the remittance recipient.\u003c\/li\u003e\n\u003c\/ul\u003e By analyzing the objectives, obstacles, incentives, and changes occurring at each of these stages in the U.S.-Mexico corridor, lessons are drawn for other remittance sending and receiving countries that seek to encourage formalization of the flows.","brand":"World Bank Publications","offers":[{"title":"Default Title","offer_id":47021198246128,"sku":"9780821360873","price":15.0,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0737\/7593\/9824\/files\/9780821360873_p0.jpg?v=1763743551","url":"https:\/\/shop-qa.barnesandnoble.com\/products\/9780821360873","provider":"Barnes \u0026 Noble (DEV)","version":"1.0","type":"link"}