Seminar of the Czech Republic Prague – February 24, 2009 REMITTANCE FLOWS AND DEVELOPMENT IMPACT...
-
Upload
clifford-peregrine-johnston -
Category
Documents
-
view
214 -
download
0
Transcript of Seminar of the Czech Republic Prague – February 24, 2009 REMITTANCE FLOWS AND DEVELOPMENT IMPACT...
![Page 1: Seminar of the Czech Republic Prague – February 24, 2009 REMITTANCE FLOWS AND DEVELOPMENT IMPACT AFD APPROACH Guillaume CRUSE Executive Director’s Advisor.](https://reader036.fdocuments.in/reader036/viewer/2022070403/56649f315503460f94c4c243/html5/thumbnails/1.jpg)
Seminar of the Czech Republic
Prague – February 24, 2009
REMITTANCE FLOWS AND DEVELOPMENT IMPACT
AFD APPROACH
Guillaume CRUSEExecutive Director’s Advisor on migrations
![Page 2: Seminar of the Czech Republic Prague – February 24, 2009 REMITTANCE FLOWS AND DEVELOPMENT IMPACT AFD APPROACH Guillaume CRUSE Executive Director’s Advisor.](https://reader036.fdocuments.in/reader036/viewer/2022070403/56649f315503460f94c4c243/html5/thumbnails/2.jpg)
Introduction :
• Supporting and channelling remittance, an important tool for development issues
• But we have to be very cautious :
- Remittance are private flows, mainly for consumption - flows which are very un-precise or badly known
• All this matter as to be discussed :
- with the migrants - with the competent public stakeholders - with the banking system
![Page 3: Seminar of the Czech Republic Prague – February 24, 2009 REMITTANCE FLOWS AND DEVELOPMENT IMPACT AFD APPROACH Guillaume CRUSE Executive Director’s Advisor.](https://reader036.fdocuments.in/reader036/viewer/2022070403/56649f315503460f94c4c243/html5/thumbnails/3.jpg)
5
Tableau : les courbes comparées : flux de capitaux privés, IDE, APD et transferts
![Page 4: Seminar of the Czech Republic Prague – February 24, 2009 REMITTANCE FLOWS AND DEVELOPMENT IMPACT AFD APPROACH Guillaume CRUSE Executive Director’s Advisor.](https://reader036.fdocuments.in/reader036/viewer/2022070403/56649f315503460f94c4c243/html5/thumbnails/4.jpg)
I – Which objectives to be planed by an organisation such as AFD?
Contribute to regulation
- introducing the real figures, - collaborate to promote the appropriate rules and public regulations - propose good and appropriate financial mechanisms
In the field or remittance
1) having a better view and figures on the flows and on the real migrant’s practises
- several pasted studies or others going on - knowing facts in transfers - knowing their utilization
![Page 5: Seminar of the Czech Republic Prague – February 24, 2009 REMITTANCE FLOWS AND DEVELOPMENT IMPACT AFD APPROACH Guillaume CRUSE Executive Director’s Advisor.](https://reader036.fdocuments.in/reader036/viewer/2022070403/56649f315503460f94c4c243/html5/thumbnails/5.jpg)
![Page 6: Seminar of the Czech Republic Prague – February 24, 2009 REMITTANCE FLOWS AND DEVELOPMENT IMPACT AFD APPROACH Guillaume CRUSE Executive Director’s Advisor.](https://reader036.fdocuments.in/reader036/viewer/2022070403/56649f315503460f94c4c243/html5/thumbnails/6.jpg)
Breakdown of Investment Projects in the countries of origin
1% 7%3%
18%
71%
Agriculture
Commerce
Service
Immobilier
Pas de projet
Ratios d’utilisation des fonds (nombre de familles concernées par poste)
![Page 7: Seminar of the Czech Republic Prague – February 24, 2009 REMITTANCE FLOWS AND DEVELOPMENT IMPACT AFD APPROACH Guillaume CRUSE Executive Director’s Advisor.](https://reader036.fdocuments.in/reader036/viewer/2022070403/56649f315503460f94c4c243/html5/thumbnails/7.jpg)
Sénégal Mali Maroc Comores
Budget familial 98% 94% 69% 96%Santé 81% 87% 30% 77%Education / formation 55% 59% 26% 39%Immobilier familial 19% 47% 10% 52%Immobilier individuel 14% 29% 6% 17%Investissement productif 11% 46% 13% 28%Projet social 5% 25% 1% 39%
![Page 8: Seminar of the Czech Republic Prague – February 24, 2009 REMITTANCE FLOWS AND DEVELOPMENT IMPACT AFD APPROACH Guillaume CRUSE Executive Director’s Advisor.](https://reader036.fdocuments.in/reader036/viewer/2022070403/56649f315503460f94c4c243/html5/thumbnails/8.jpg)
0%
10%
20%
30%
40%
50%
60%
70%
80%
Maroc Sénégal Mali Comores
Répartition des volumes de transferts par poste de dépense
Aide familiale Immobilier Investissements
![Page 9: Seminar of the Czech Republic Prague – February 24, 2009 REMITTANCE FLOWS AND DEVELOPMENT IMPACT AFD APPROACH Guillaume CRUSE Executive Director’s Advisor.](https://reader036.fdocuments.in/reader036/viewer/2022070403/56649f315503460f94c4c243/html5/thumbnails/9.jpg)
Introduce transparency – role of the comparison websites
- the first one : the British “sendmoneyhome project” (DFID)
- our “envoidargent” in AFD
![Page 10: Seminar of the Czech Republic Prague – February 24, 2009 REMITTANCE FLOWS AND DEVELOPMENT IMPACT AFD APPROACH Guillaume CRUSE Executive Director’s Advisor.](https://reader036.fdocuments.in/reader036/viewer/2022070403/56649f315503460f94c4c243/html5/thumbnails/10.jpg)
2) Reducing the cost of remitting
- Encouraging competition
- Improving a better banking coverage
. create new channels
. sustaining microfinance institutions in the countries of origin
. sustaining mutualism credit system
![Page 11: Seminar of the Czech Republic Prague – February 24, 2009 REMITTANCE FLOWS AND DEVELOPMENT IMPACT AFD APPROACH Guillaume CRUSE Executive Director’s Advisor.](https://reader036.fdocuments.in/reader036/viewer/2022070403/56649f315503460f94c4c243/html5/thumbnails/11.jpg)
- Improving security and speed of transfer
. introducing new technologies
. better conveyance of the cash
. use the villages cash office for microfinance
![Page 12: Seminar of the Czech Republic Prague – February 24, 2009 REMITTANCE FLOWS AND DEVELOPMENT IMPACT AFD APPROACH Guillaume CRUSE Executive Director’s Advisor.](https://reader036.fdocuments.in/reader036/viewer/2022070403/56649f315503460f94c4c243/html5/thumbnails/12.jpg)
- Sustaining or promoting investments
. welcoming migrants in the banking system
. encourage competition in saving accounts for driving investments
. transfer credit from France to the countries of origin
. encourage new system for insurances
. promote credit for family or individual construction
. in place, give credit and guaranties for productive projects
. introduce a new meso-finance approach
. sustaining the local development
![Page 13: Seminar of the Czech Republic Prague – February 24, 2009 REMITTANCE FLOWS AND DEVELOPMENT IMPACT AFD APPROACH Guillaume CRUSE Executive Director’s Advisor.](https://reader036.fdocuments.in/reader036/viewer/2022070403/56649f315503460f94c4c243/html5/thumbnails/13.jpg)
II – developing partnership
- with the appropriate public institutions and ministries
- with European Commission
- with bilateral donors
- with multilateral donors
- with private partners as banks, but maybe also firms
![Page 14: Seminar of the Czech Republic Prague – February 24, 2009 REMITTANCE FLOWS AND DEVELOPMENT IMPACT AFD APPROACH Guillaume CRUSE Executive Director’s Advisor.](https://reader036.fdocuments.in/reader036/viewer/2022070403/56649f315503460f94c4c243/html5/thumbnails/14.jpg)
III – Which countries?
- as seen in the studies: Morocco, Senegal, Mali, Comoros
- when we have an official agreement between Governments : Tunisia, Benin, Mauritius, Burkina Faso
- significant other countries : Vietnam, Haiti