The Money Exchange Dealers of Kabul A Study of the Hawala System in Afghanistan

Author/creator Maimbo, Samuel Munzele Author
Format Electronic
Publication InfoWashington : World Bank Publications
Description46 p. ill 25.000 x 018.000 cm.
Supplemental ContentFull text available from Ebook Central - Academic Complete
Subjects

SeriesWorld Bank Working Paper Ser. No. 13
Summary Annotation 'The Money Exchange Dealers of Kabul' is an exploratory piece of research on how the informal financial sector operates in conflict-afflicted countries. This paper presents the findings, analyses and conclusions of a study on the operational characteristics of an informal funds transfer system found in Afghanistan, generally referred to as hawala. It describes the system's geographic characteristics, convenience, effectiveness, cost, and its relationship with the formal financial system. It studies the domestic transfer of development funds by international aid institutions and nongovernmental organizations and discusses the hawala system's benefits as well as the operational characteristics that make it vulnerable to abuse.Finally, it presents the authors conclusions on the developmental role of informal financial institutions in the Afghan financial system; the implications for financial management practices of donor-financed development programs; and the regulatory and supervisory options for Da Afghanistan Bank.
Access restrictionAvailable only to authorized users.
Technical detailsMode of access: World Wide Web
Genre/formElectronic books.
LCCN 2003057193
ISBN9780821355862
ISBN0821355864 (Trade Paper) Active Record
Standard identifier# 9780821355862
Stock number9780821355862 00028989

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