The Earthquake’s Impact on Remittances
The earthquake in Haiti has exacerbated an existing distress during the international recession and increased uncertainty of what to do and how to help.
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On December 22, 2023, the Remittance Industry Observatory (RIO), of the Inter-American Dialogue, released its annual review of remittances in Latin America and the Caribbean. The report, produced by Manuel Orozco, director of the Migration, Remittances, and Development program, and Patrick Springer, program assistant, outline market trends, provide data on remittance service providers in the region, and contextualize these topics as they relate to 2023's economic, political, and migration-related developments.
The report offers analysis and data on the following subjects along with supporting data:
This report is a product of the Remittance Industry Observatory (RIO) an initiative of the Dialogue that seeks to improve knowledge and information about the remittance market.
The earthquake in Haiti has exacerbated an existing distress during the international recession and increased uncertainty of what to do and how to help.
How do patterns of migration and remittances differ across regions? What kinds of frameworks support the contributions of remittances to local development?
On February 24th, the Inter-American Dialogue held its annual event on Remittances to Latin America and the Caribbean.