This briefing offers an update on remittance growth in Mexico for 2024 by looking past trends as well as key issues. Additionally, the memo shows how government policy has sought to intervene at the point of sending or receiving in certain ways, and that the overall upward trend is sustained by migration and remittance frequency. Lastly, the memo signals a slowdown in principal sent that is partly associated with microeconomic inflationary trends.Read more +
The following note by Manuel Orozco, director of the Migration, Remittances, and Development program at the Inter-American Dialogue, offers some observations pertaining to a migration and remittance outlook in 2024.Read more +
This piece offers a look at the current migration trends and points to large differences that characterize this situation as a crisis: the scale, composition, nature, and management of migration is outside conventional or historical patterns. Aspects of this unprecedented migration pattern are not within the control of government authorities and policy makers. The recent migration wave to the US border has been referred to as a crisis. Media references point to the drama of people arriving and passing through the Darien, Central America, and Mexico to characterize the problem. Others have pointed out the increasing arrivals into US cities in numbers that are hard to manage by local communities.Read more +
While AMLO deserves credit for pledging to combat Mexico’s impunity crisis, he has failed to set a clear strategy to address the faults and lack of independence within the justice system, calling into question his commitment to confront the root causes of impunity.Read more +
The actions, or lack thereof, of the presidents of the region’s two biggest countries, Mexico and Brazil, have drawn particular scrutiny, casting a fresh spotlight on populism in Latin America and its particular vulnerabilities in the face of a global pandemic.Read more +