Rochu_2008 / Adobe Stock / Enhanced license
This briefing offers a descriptive perspective regarding remittance transfer growth in 2024. We point out that, this year, flows will experience less than six percent growth. The memo highlights some insight on migration, historic growth, competition in the marketplace, and what growth can be expected for 2024.Read more +
Financiera para el Bienestar / Gobierno de México
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 +
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Setting aside the debate surrounding the legitimacy and popularity of President Nayib Bukele, he has a number of challenges ahead of him in the social, political, and economic sphere. In large part, these challenges are his legacy as they result from the decisions implemented in his first presidential term. Paradoxically, when it comes to overcoming the country's main problems, President Bukele is his own worst enemy.Read more +
jon_chica / Adobe Stock / Extended License
The Andean migrant population in the US is remitting 50% of all flows to their homelands in the Andes, over US$10 billion in 2022 from the US and US$11 billion in 2023. Within this context, the following briefing offers a characterization of migration from the Andean countries: Bolivia, Colombia, Ecuador, Peru, and Venezuela.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 +
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This blog examines remittance sending costs to eight Latin American and Caribbean countries and considers that the most important reality shaping the money transfer intermediation industry is that is tied to a global currency market.Read more +
Ichabod/Wikipedia
El Salvador’s sluggish economy and outdated economic model present serious challenges for the future. Weak economic performance means that life is hard and opportunities are scarce for large portions of the population. It also has far-ranging implications for a variety of issues, including migration, social inclusion, and insecurity. With the…Read more +
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Migration is a local phenomenon. Although national governments are key players in crafting policy to address the hemisphere-wide migration crisis, mayors are the ones feeling and dealing with the pressure and, in many cases, developing inclusive solutions. Read more +
Marvin Recinos —AFP/GETTY IMAGE
Despite a severe continued deterioration of health conditions among Latin American and Caribbean countries, and a slower than expected economic recovery in 2021, migrant remittance transfers will grow 25% relative to 2020, which had already increased 9%. Read more +
This blog refers to the “Thriving in San Marcos” initiative carried out in partnership with Cities Alliance. and the Swiss Agency for Development and Cooperation. “Thriving in San Marcos” promotes a skilled, professional workforce among future generations in the MANCUERNA region of Guatemala through our B’etil Diploma, an extracurricular education program with a pre-professional focus in collaboration…Read more +
This blog refers to the “Thriving in San Marcos” initiative carried out in partnership with Cities Alliance and the Swiss Agency for Development and Cooperation. “Thriving in San Marcos” promotes strong local economies in the MANCUERNA region of Guatemala through access to credit and business coaching for entrepreneurs in collaboration with financial institutions and civil society organizations.…Read more +
This blog refers to the “Thriving in San Marcos” initiative carried out in partnership with Cities Alliance and the Swiss Agency for Development and Cooperation. “Thriving in San Marcos” promotes financial access and inclusion in the MANCUERNA region of Guatemala through financial education in close collaboration with financial institutions. MANCUERNA encompasses municipalities across San Marcos and Quetzaltenango,…Read more +
GWP / Flickr / CC BY-NC 2.0
Given its commitment to reviving multilateralism and bringing together diverse stakeholders, the Biden administration is well-positioned to use these instruments to implement its more holistic regional agenda. After decades of privileging police and military assistance and waiting for government uptake of institutional strengthening efforts, it is time to look beyond Central American states and reinvest in civil society-based anti-corruption coalitions that can be the engines of political and economic change.Read more +
