Books in the Directions in Development - Trade series

Mobile Money is a booming industry in an increasing number of countries. The project results from increased demand for guidance and technical assistance from governments after the publication of Integrity in Mobile Phone Financial Services, which discussed mobile money and the application of international anti-money laundering and combating the financing of terrorism standards.

This report quantifies labour mobility costs in developing countries and simulates the implied adjustment paths of employment and wages following a change in trade policy. High mobility costs are shown to reduce the potential gains to trade reform.