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The Context In the last 10 years, Haiti has turned into one of the most remittances dependent countries in the world. Indeed, migrants’ transfers went from 12 percent of GDP in 2012 to more than a quarter of it in 2022 at around US$3.5 billion. They are by far the…Read more +
Photo by Sam Bojarski.
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 +
Sergio Massa´s Official Twitter Account
Argentina has an important challenge ahead: avoiding an escalation of the current economic crisis leading to a major social and political turmoil under the government of the Frente de Todos (FDT), the incumbent coalition led by Cristina Fernandez de Kirchner (CFK). A 90 percent yearly inflation rate expected for 2022,…Read more +
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El Salvador’s sluggish economy and outdated economic model present serious challenges for the future.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 +
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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 +
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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 +
