Family remittances to Latin America and the Caribbean experienced nearly 10% growth in 2018, one of the largest growth rates in the past 10 years. Growth in remittances stands in stark contrast to the sluggish 1.9% economic growth rate for the region. The countries with the highest remittance growth rates in 2018 included Haiti, Colombia, Brazil, Guatemala and Paraguay.
Con los cambios de la política migratoria de Estados Unidos, se cuestiona el impacto que la finalización del Estatus de Protección Temporal tendrá sobre los países que envían remesas a sus países de origen. Manuel Orozco comenta para CNN sobre el impacto en Honduras, Nicaragua y El Salvador.
On January 25, 2018 the Inter-American Dialogue’s Migration, Remittances & Development Program hosted “Remittances to Latin America and the Caribbean in 2017,” an annual event presenting remittance flows to the region.
Remittances to Latin America and the Caribbean grew over 8% in 2017, according to new research by the Inter-American Dialogue.
Orozco, citando estudios del Diálogo Interamericano, sostiene que unos 146.500 salvadoreños con TPS envían dinero a El Salvador, lo que suma anualmente unos $630 millones. En el peor de los escenarios, “un retorno de todos los salvadoreños implicaría que El Salvador no tendrá crecimiento económico”.
Este memo presenta los resultados del proyecto piloto sobre la inclusión financiera en Nicaragua en alianza con CAMINNA y Banpro/Grupo Promerica.
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.
Contributions of Migrants and Diaspora to All Dimensions of Sustainable Development, Including Remittances and Portability of Earned Benefits
Migrants’ economic contributions can be successfully leveraged for development if policies consider them in relation to drivers of migration and development challenges.
Enabling tools that motivate remittance recipients to access and use a variety of financial services needed to increase assets is key to wealth generation.
Addressing the unique financial needs of migrants will optimize the potential of their contributions and those of future generations.
Migration from Latin America and the Caribbean to the United States has grown steadily over the past forty years. In addition to leaving their countries amidst political and economic hardship, the vast majority of these migrants face additional challenges to their legal status. One way to look for solutions is to consider a comprehensive approach to migration through recruitment, retention, return, relief and reform.
A compilation of the Dialogue’s reports, articles and presentations on the most important issues shaping Nicaragua’s development.
A compilation of the Dialogue’s reports, articles and presentations on the most important issues shaping El Salvador’s development.
Internet-based products have grown substantially in recent years, and constitute an important source of innovation for the remittance industry. Although these products present important opportunities for businesses and consumers, the low rate of penetration merits further discussion and analysis. The article concludes that perhaps the issue is still more structural, that the ecosystem of payment services is performing unevenly, partly due to poor financial access among clients and merchants.
In 2016, the flow of remittances to Latin America and the Caribbean surpassed US $70 billion. In the 20 countries for which there is data available, the flow reached US$69 billion. This increase demonstrates continued growth since the post-recession period. In this article, we find a range of factors shaping this growth,