Each year, the Inter-American Dialogue analyzes remittances to the region, identifying areas of growth and new trends that are impacting how people send and receive money. Family remittances to Latin America and the Caribbean reached $85 billion in 2018, an important financial flow and a critical source of support for many households in the region.
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On April 2, Manuel Orozco, Mariellen Jewers, Piero Coen and Gene Nigro discussed the economic and health consequences caused by Covid-19 to migrants and how it impacts Latin America and the Caribbean. Estimates show that remittances to LAC countries will register at a negative seven percent decline in 2020.
Addressing the unique financial needs of migrants will optimize the potential of their contributions and those of future generations.
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On October 29, 2020, the second virtual session of the Housing Laboratory on Migration and Cities in Guatemala (LAV for its initials in Spanish) took place. The Housing Laboratory’s objective was to explore the role of urban and land use planning in the context of international migration and return migration. It further considered how these processes can be integrated into Guatemala’s National Housing Council’s (CONAVI) ongoing efforts to update Guatemala’s National Policy on Housing and Human Settlements in order to guarantee access to decent housing and boost local economic development.
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On April 4, the Inter-American Dialogue hosted its yearly event on remittances to Latin America and the Caribbean, “Remittances to Latin America and the Caribbean in 2018.” The event brought together a panel of experts for a discussion of 2018 remittance flows, the outlook for 2019, and issues influencing the marketplace.
This report offers an overview of how foreign currency regulations affect money transfers to Venezuela in addition to describing and explaining Venezuelan migrant remitting behavior in six migrant host countries. It also provides an estimate of the aggregate volume of remittances sent to Venezuela.
Enabling tools that motivate remittance recipients to access and use a variety of financial services needed to increase assets is key to wealth generation.
El 28 de enero del 2021, El Diálogo Interamericano, en colaboración con la Red Nacional de Grupos Gestores de Guatemala-San Marcos, organizó un conversatorio privado, “La migración como elemento del desarrollo integral: Alianzas y prácticas para su inclusión estratégica” con el apoyo de Cities Alliance. El conversatorio se concentró en el caso guatemalteco con el objetivo de socializar y discutir perspectivas planteadas por actores que trabajan con los lugares de origen, destino y retorno.
Understanding the future of migration and how it affects the region can offer cues as to the direction countries will take.
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Manuel Orozco was interviewed on CGTN America about the impact of the United States’ Covid-19 related economic crisis on Latin American migrants and remittances sent to Latin America. “Migrant workers all over the world are losing their jobs, and perhaps the job losses are higher than for the native-born population. One of the consequences is that migrants feel constrained from continuing sending money to their families.”
Migrants’ economic contributions can be successfully leveraged for development if policies consider them in relation to drivers of migration and development challenges.
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El 15 de abril del 2021 se llevó a cabo “Diálogo de alto nivel: el rol clave de la transparencia de datos en las remesas” con el objetivo de ampliar las discusiones sobre la transparencia en los datos sobre remesas que ingresan a Guatemala y conocer la perspectiva de actores claves sobre la posibilidad de crear un observatorio nacional sobre remesas.
The September 2019 Newsletter of the Remittance Industry Observatory looks at Nigeria, a country with a complex history of migration and some of the largest remittance flows in Africa and presents a summary of a recent Congressional Hearing on Facebook’s proposed mobile wallet, Calibra.
Migration in the Organization for Security and Co-operation in Europe (OSCE) region has become a key engine for economic growth and development and is of significance and importance.
En alianza con Banpro y la Alianza para las Migraciones en Centroamérica y México, nuestro programa de inclusión financiera generó US$960,000 en ahorros.
