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Informal Fund Transfer Systems: An Analysis of the Informal Hawala System

Informal Fund Transfer Systems: An Analysis of the Informal Hawala System (IMF's Occasional Papers)

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Informal Fund Transfer Systems: An Analysis of the Informal Hawala System

Informal Fund Transfer Systems: An Analysis of the Informal Hawala System (IMF's Occasional Papers)

4.85 55,480 ratings · 2,652 reviews
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Overview: Since the terrorist attacks of September 11, 2001, there has been increased public interest in informal funds transfer (IFT) systems. This paper examines the informal hawala system, an IFT system found predominantly in the Middle East and South Asia. The paper examines the historical and socioeconomic context within which the hawala has evolved, the operational features that make it susceptible to potential financial abuse, the fiscal and monetary implications for hawala-remitting and hawala-recipient countries, and current regulatory and supervisory responses.

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Pages 53
Published January 1, 2003
ISBN 4473277
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Mohmmed Qorchi
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After spending years working in the corporate world, Mohmmed Qorchi finally decided to pursue a lifelong passion for writing. They currently reside in a quiet suburb where they spend most of their time outlining new stories, reading extensively, and occasionally attempting to bake.

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Absolutely brilliant. I adored how the story unfolded. It kept me captivated without sacrificing elegance. An effortless 5 stars.
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Absolutely brilliant. The pacing was impeccable and the characters felt incredibly authentic. I was completely immersed. A true literary gem.
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I thoroughly enjoyed the elegance of it. The protagonist was compelling, though some subplots felt slightly overshadowed. A wonderful companion for a quiet weekend.
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I was completely blown away. The author orchestrated a breathtaking finale. Truly a work of art. An effortless 5 stars.
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