Improving access to various financial institutions, particularly in inner-city neighborhoods, has been of great interest to policy makers and advocates for decades. In some cases, various groups have had moderate success extending the availability of basic services (such as bank branches) to impoverished areas. This recent paper, authored by Anna Paulson, Audrey Singer, Robin Newberger, and Jeremy Smith of behalf of the Brookings Institution, presents new research on the financial practices of immigrants, and also describes how various institutions have helped moved immigrants into the financial mainstream. In this 100-page report, the authors present a number of case studies that deal with this subject, and conclude their work with a number of policy recommendations as well.
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