• Corpus ID: 166812305

Remittances and economic development in Somalia : an overview

  title={Remittances and economic development in Somalia : an overview},
  author={Munzele Maimbo and Samuel},
This collection of papers examines the role and impact of Somalia's remittance system. After an introduction, Chapter II examines how a dynamic private sector, powered by remittances from abroad, has managed to thrive in a country that is a failed state and among the poorest in the world. Adapting well and even flourishing in a stateless conflict ridden economy, private sector activities have emerged in trade, money transfer services, transport and telecommunications. At the household level… 

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