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 +
Lisa Ferdinando
Given the huge demands on Washington – domestic and international – and today’s ravaged, fragmented, and leaderless region, this is probably not the right time for bold, ambitious initiatives. But the Biden administration should move quickly to renew partnerships with select countries, emphasizing recovery from Covid-19 and restoring economic and political stability.Read more +