La reciente declaración final del equipo técnico del Fondo Monetario Internacional (FMI) pone de relieve hechos e inconsistencias en la redacción del documento, pero también crea la oportunidad para que la misión del FMI tome en serio su propio diagnóstico y recomendaciones y realice una evaluación sobre las vulnerabilidades de la gobernabilidad y confirme que en Nicaragua se ha producido una “captura del Estado.” De otra forma las consecuencias de su aval al régimen Ortega-Murillo serán devastadoras para los nicaragüenses y para la credibilidad del FMI.
On November 1, 2023, the Inter-American Dialogue released the presentation “Family Remittances from Latin America and the Caribbean 2023: Outbound Transfers” that contains research from Manuel Orozco, director of the Migration, Remittances, and Development program.
Manuel Orozco, director of the Migration, Remittances, and Development program at the Inter-American Dialogue sat down with Richard McColl of The LatinNews Podcast to provide his analysis on Nicaragua and the Ortega-Murillo regime.
This report analyzes trends in remittances to Latin America and the Caribbean in 2019 and explores the factors related to slowing remittance growth. Family remittances to the region grew by approximately 8% compared to 2018 and totaled nearly US$100 billion, which stands in contrast to the region’s slower economic growth of 0.6%.
Migration in the Organization for Security and Co-operation in Europe (OSCE) region has become a key engine for economic growth and development and is of significance and importance.
Manuel Orozco was interviewed on CGTN America about the impact of the United States’ Covid-19 related economic crisis on Latin American migrants and remittances sent to Latin America. “Migrant workers all over the world are losing their jobs, and perhaps the job losses are higher than for the native-born population. One of the consequences is that migrants feel constrained from continuing sending money to their families.”
This report offers an overview of how foreign currency regulations affect money transfers to Venezuela in addition to describing and explaining Venezuelan migrant remitting behavior in six migrant host countries. It also provides an estimate of the aggregate volume of remittances sent to Venezuela.
Manuel Orozco fue entrevistado por el periodista de Confidencial, Iván Olivares para hablar sobre las consecuencias de la pandemia en los flujos de remesas. Orozco calcula una pérdida de remesas de unos 300 millones de dólares que afectarán a unas 600 mil familias nicaragüenses.
Desde inicios de 2020, Nicaragua se ha estancado ante un vacío de poder que se ha agravado por la crisis de la pandemia, acompañado de un empate político prolongado entre el régimen y los actores del movimiento opositor de la Coalición Nacional.
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.
On April 2, Manuel Orozco, Mariellen Jewers, Piero Coen and Gene Nigro discussed the economic and health consequences caused by Covid-19 to migrants and how it impacts Latin America and the Caribbean. Estimates show that remittances to LAC countries will register at a negative seven percent decline in 2020.
Manuel Orozco explica el impacto económico de la panedemia de Covid-19 para los migrantes latinoamericanos en Estados Unidos, sus familias que reciben remesas y para los países de la región. Su análisis se concentra en los impactos relacionados a la crisis de desempleo proyectada para el país.
La pandemia causada por el Covid-19 está creando estragos y consecuencias económicas en todo el mundo. En 2020, se proyecta caída de -5 por ciento de las remesas en Nicaragua, recibiendo $75 millones menos, con una caída mayor del turismo, la economía caerá en -2 por ciento.
This analysis offers a glimpse of the potential impact of the Coronavirus Disease 2019 (COVID-19) pandemic on US immigrants and family remittances. Past events involving worldwide crises can offer insight as to how this pandemic will likely affect remittance transfers. Considering migrants’ financial and health vulnerabilities as well as the forecast recession, a conservative estimate shows that remittances will register a -3 percent decline in 2020 relative to 2019, from $77 billion to $75 billion.
This report analyzes the role of money transfer intermediaries on migrants sending remittances to Latin America and the Caribbean. We look at the current modernization of the payments industry, specifically as it relates to digital payments, analyzes trends in transfer costs, and discusses the proposed changes to the ‘Remittance Rule,’ including the consequences they may have on remittance senders.
