This blog outlines how the flow of money to Latin America and the Caribbean in 2026 will likely increase slightly, driven by diminishing annual changes in transactions.
This article examines the role of family remittances in Central America, analyzing two dimensions of the flows—macroeconomic and household—identifying the links between these flows and development through finance, and offering recommendations to leverage these flows to mitigate shortcomings in the region’s economic growth.
Given the huge demands on Washington – domestic and international – and today’s ravaged, fragmented, and leaderless region, this is probably not the right time for bold, ambitious initiatives. But the Biden administration should move quickly to renew partnerships with select countries, emphasizing recovery from Covid-19 and restoring economic and political stability.
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