The Impact of International Informal Banking on Canada: A Case Study of Tamil Transnational Money Transfer Networks (Undiyal), Canada/Sri Lanka

R Charan, Sharryn J. Aiken

SSRN Electronic Journal · 2005 · 25 citations · 7 references

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Abstract

This paper examines the Tamil informal money transfer system and its economic, social and cultural impact on both Canada and Sri Lanka. The study of undiyal in Toronto and its distribution network in Sri Lanka seeks to highlight appropriate policy responses to the range of informal banking systems in the diasporic and transnational context.

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