This report discusses the impact that Covid-19 has had on migrants from Latin America and the Caribbean with a focus on migrant job-loss and its effect on remittances sent to their native countries.
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El 29 de julio, el World Leadership Alliance-Club de Madrid tuvo una sesión virtual para discutir el tema la “Movilidad en tiempos de crisis: La pandemia del Covid-19 como oportunidad para repensar las migraciones en América Latina”. Manuel Orozco, el director del Programa de Migración, Remesas y Desarrollo del Diálogo Interamericano, moderó la conversación y Laura Chinchilla, co-presidenta de la Junta Directiva del Diálogo, fue panelista.
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El 10 de julio, Manuel Orozco, el director del Programa de Migración, Remesas y Desarrollo del Diálogo Interamericano, participó en una conversación sobre las tendencias en el envío de remesas hacia América Latina durante la pandemia de Covid-19. Propuso tres soluciones para que se pueda aprovechar la pandemia para modernizar la industria de las remesas e integrar a toda la población en los procesos de globalización.
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El pasado 16 de junio, el experto en migraciones, remesas y desarrollo Manuel Orozco fue entrevistado por la periodista Gabriela Frías en conmemoración por el Día Internacional de las Remesas Familiares. Orozco explicó el impacto que la actual crisis del Covid-19 está teniendo en los trabajos de los migrantes, así como para las remesas y la importancia de remesas para familias.
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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.”
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.
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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.
This analysis offers a glimpse of the potential impact of the Coronavirus Disease 2019 (COVID-19) pandemic on US immigrants and family remittances. Past events involving worldwide crises can offer insight as to how this pandemic will likely affect remittance transfers. Considering migrants’ financial and health vulnerabilities as well as the forecast recession, a conservative estimate shows that remittances will register a -3 percent decline in 2020 relative to 2019, from $77 billion to $75 billion.
This report analyzes trends in remittances to Latin America and the Caribbean in 2019 and explores the factors related to slowing remittance growth. Family remittances to the region grew by approximately 8% compared to 2018 and totaled nearly US$100 billion, which stands in contrast to the region’s slower economic growth of 0.6%.
This report analyzes the role of money transfer intermediaries on migrants sending remittances to Latin America and the Caribbean. We look at the current modernization of the payments industry, specifically as it relates to digital payments, analyzes trends in transfer costs, and discusses the proposed changes to the ‘Remittance Rule,’ including the consequences they may have on remittance senders.
La exclusión y la expulsión son los resultados de estructuras estatales dañadas, afectadas por muchos países en condiciones estatales fallidas, así como la ausencia de consenso o polarización social y política sobre el tipo de sujeto político que conforma la sociedad moderna.
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Manuel Orozco interviews with Gabriela Fías of CNN Global Portfolio to discuss the relationship between political instability and remittances, highlighting the impact of US foreign policy on Latin American countries.
Manuel Orozco, director of the Migration, Remittances & Development program at the Inter-American Dialogue, presented at the International Money Transfer and Payments Conference.
Understanding the future of migration and how it affects the region can offer cues as to the direction countries will take.
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.
