This article analyses financial access in El Salvador, delving into its characteristics and determinants. The article also presents the impact of a financial inclusion strategy to increase savings formalization rates among the population.
It is often mentioned that remittances “are primarily spent on consumption, housing and land, and are not utilized for productive investment that would contribute to long-run development.”[2] Statements such as these typically reflect value judgments rather than informed opinions based on empirical evidence.
It is often mentioned that remittances “are primarily spent on consumption, housing and land, and are not utilized for productive investment that would contribute to long-run development.”[2] Statements such as these typically reflect value judgments rather than informed opinions based on empirical evidence.
Faced with limited economic prospects, many Hondurans opt to migrate by any means possible.
Public policies related to migration and development in Central America are relatively recent, limited, and diffuse.
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