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,
Trump’s agenda will have implications for people who live and work in the United States, including the country’s estimated 42 million immigrants, a diverse group that includes people with and without legal status. An issue of particular importance and concern is undoubtedly Trump’s immigration policy. According to his past statements, we can expect to see actions on at least seven fronts. This article examines the realist scenario of Trump’s immigration policy, its limits and consequences.
Las remesas que envían los centroamericanos desde Estados Unidos a sus países, no serán afectadas por un inaplicable impuesto anunciado en la campaña electoral por el ahora presidente electo Donald Trump, sino por el impacto colateral del incremento en las deportaciones.
This presentation was given at the international conference “Improving Data on International Migration: Towards Agenda 2030 and the Global Compact on Migration”, hosted by Germany’s Federal Foreign Office and convened by the International Organization for Migration’s (IOM)’s Global Migration Data Analysis Center (GMDAC), with support from the US Department of State and the European Commission’s Knowledge Center on Migration and Demography.
There are amply cited statements about remittances that typically reflect value judgments rather than informed opinions based on empirical evidence.
Understanding Income, Remittances and Financial Access in Latin America and the Caribbean: the case of El Salvador
This article analyses financial access in El Salvador, delving into its characteristics and determinants. The article also presents the impact of a financial inclusion strategy to increase savings formalization rates among the population. The analysis is based on a financial advising project for more than 17,000 Salvadorans at branches of…
La migración en Nicaragua representa más del 10% del PIB y mantiene a más de 500,000 hogares fuera de la pobreza, pero sigue siendo ignorada por el gobierno y el sector privado
A profile of Latin American and Caribbean migrants living in the Washington, DC metro area.
The Costs of Sending Money to Latin America and the Caribbean
The Continued Growth of Family Remittances to Latin America and the Caribbean in 2015
Central American migration is linked to poverty, inequality, and violence in the region.
Migrant transnationalism, in addition to being an expression of culture, identity and love, is an important economic phenomenon.
It has become increasingly difficult for remittance companies to access banking services. This memo analyzes current trends in bank account closures and discusses their implications for family remittances.
On February 24th, the Inter-American Dialogue held its annual event on Remittances to Latin America and the Caribbean.