Photo by Sam Bojarski/The Haitian Times
Introduction This blog examines the role of remittances on Haiti’s economy. It points to its growing relevance over time, and the dependence on transfers from the US, while describing Haiti’s deteriorating social, political and economic context. The blog also points to a drop in flows in 2022 — which may…Read more +
RawPixel CC0 photo.
This blog examines remittance sending costs to eight Latin American and Caribbean countries and considers that the most important reality shaping the money transfer intermediation industry is that is tied to a global currency market.Read more +
Ichabod/Wikipedia
El Salvador’s sluggish economy and outdated economic model present serious challenges for the future. Weak economic performance means that life is hard and opportunities are scarce for large portions of the population. It also has far-ranging implications for a variety of issues, including migration, social inclusion, and insecurity. With the…Read more +
Rebecca Bill Chavez, Manuel Orozco
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Voces
Michael Shick / CC 2.0
Migration is a local phenomenon. Although national governments are key players in crafting policy to address the hemisphere-wide migration crisis, mayors are the ones feeling and dealing with the pressure and, in many cases, developing inclusive solutions. Read more +
Stuart Price/ Flickr / CC0 1.0
In the wake of the Covid-19 pandemic, remittances have become a much more important source of income for many people in Latin America and the Caribbean. It is projected that the growth rate will reach 14 percent in 2022 to nearly US$150 billion, equivalent to 5 percent of the gross domestic product in Latin American and the Caribbean countries...Read more +
Marvin Recinos —AFP/GETTY IMAGE
Despite a severe continued deterioration of health conditions among Latin American and Caribbean countries, and a slower than expected economic recovery in 2021, migrant remittance transfers will grow 25% relative to 2020, which had already increased 9%. Read more +
Inter-American Dialogue
Migrants often purchase products from their country of origin such as food, clothing or handicrafts, a practice which is known as the “nostalgic trade.” To better understand this practice, the project surveyed 380 Guatemalans in the United States and visited more than 40 stores that offer Guatemalan nostalgic products. The…Read more +
Julia Yansura
Guatemala’s economic growth and development has historically been affected by high rates of inequality, as well as by a poorly performing economic model that is based on agricultural exports. Read more +
David Stanley/ Flickr/ CC BY 2.0
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. Read more +
Recientemente la primera dama dijo que ella pensaba mandar a su hija a estudiar a Estados Unidos, “pero no la voy a mandar con un coyote, eso no lo haría nunca.”Read more +
In celebrating the day of family remittances, we are honoring migrants and the impact of their earnings on development, as well as their efforts, challenges, and sacrifices to extend their love to their families in tangible ways.Read more +
The A4P, which received funding from the United States, consists of four components: reinvigorating the productive sector, investing in human capital, addressing citizen security and strengthening state institutions.Read more +