The Earthquake’s Impact on Remittances
The earthquake in Haiti has exacerbated an existing distress during the international recession and increased uncertainty of what to do and how to help.
On February 28, 2024, the Inter-American Dialogue released the report "Remittances and Development in Honduras - Bridging Opportunities." The report, produced by Manuel Orozco, director of the Migration, Remittances, and Development program, analyzes migration patterns, characterizes remittance recipients, and reports on key financial inclusion metrics in Honduras.
The report concludes by advancing a pathway that outlines a strategy for leveraging remittances for development in the country.
The earthquake in Haiti has exacerbated an existing distress during the international recession and increased uncertainty of what to do and how to help.
How do patterns of migration and remittances differ across regions? What kinds of frameworks support the contributions of remittances to local development?
Honduras is in the midst of a security crisis, with alarming levels of official corruption and the world’s highest homicide rate.