The role of formal and informal remittances as the determinants of formal and informal finan-cial services

Research background: The choice of financial services and remittances are important as they influence the livelihood remittance recipients, who mostly poor financially excluded. In literature, extensive evidence suggests a positive impact size on access to inclusion development remittance-recipient countries. However, concern such studies is that might provide biased outcome available data tend be formal, whereas informal difficult observe. Hence, their not applicable in developing countries where transfer via channels very popular. Purpose article: main objective this study examine effect channel (formal informal) credit savings recipients. Methods: As our dependent variable service which categorical informal), paper will employ multinomial logistic regression model estimate impact. employed analysis from Finscope survey conducted Myanmar 2013 2018. best context for study, it one big migrant-sending country whose sector significantly underdeveloped. Findings & value added: Our findings show formal promote use savings. there no regarding women recipients` services. also need government encourage migrant workers transform into ones by removing barriers saving among remittance-recipients