In its fourth edition, the Remittances Scorecard ranks 30 companies working in 11 Latin American and Caribbean countries. It evaluates them across 12 indicators to assess their performance and competition in the money transfer industry.
Remittances to Latin America and the Caribbean surpassed US$70 billion in 2016, representing a critical source of income for the region. Two new Dialogue studies shed light on remittances, emerging technologies in methods of transfers, and opportunities for financial inclusion. These studies were presented and discussed on May 17th at an event moderated by Peter Hakim, President Emeritus of the Dialogue, and featuring speakers Manuel Orozco, the Director of the Dialogue’s Migration, Remittances, and Development Program, and Daniel Ayala, the Executive Vice President and Head of Global Remittances Services for Wells Fargo.
Migration from Latin America and the Caribbean to the United States has grown steadily over the past forty years. In addition to leaving their countries amidst political and economic hardship, the vast majority of these migrants face additional challenges to their legal status. One way to look for solutions is to consider a comprehensive approach to migration through recruitment, retention, return, relief and reform.
Addressing the unique financial needs of migrants will optimize the potential of their contributions and those of future generations.
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On January 25, 2018 the Inter-American Dialogue’s Migration, Remittances & Development Program hosted “Remittances to Latin America and the Caribbean in 2017,” an annual event presenting remittance flows to the region.
On April 25, Julia Yansura spoke at an event hosted by the Inter-American Dialogue, the University of Notre Dame’s Kellogg Institute for International Studies and the Washington Office on Latin America where she discussed the migratory crisis in Venezuela.
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Manuel Orozco fue entrevistado por Radio Ciudad de Buenos Aires. Orozco analizó la política migratoria del presidente Donald Trump y las condiciones económicas de países centroamericanos como factores de la migración regional.
Manuel Orozco, director of the Migration, Remittances, and Development Program, recently co-authored a report with Mariellen Jewers titled “The impact of migrants’ remittances and investment on rural youth.”
On April 16, Dialogue experts briefed key congressional staff in both the House and Senate on Covid-19 and its impact on Latin America and the Caribbean.
After a year’s sabbatical Manuel Orozco will return to the Dialogue on November 15 to once again direct the Migration, Remittances and Development Program.
A Latin America Advisor Q&A featuring experts’ viewpoints on remittance costs in Latin America and the Caribbean.
