This briefing note offers insights as to whether cryptocurrency is an active form of currency transaction for family remittances to Latin America and the Caribbean.
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.
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.
Democracy is under threat in Central America and authoritarianism is on the rise. This problem is having long-term institutional and economic implications for these countries and poses serious challenges for US policy towards the region. Uncheckered political ambitions and abuses of authority in the form of corruption or political and economic favoritism are signs of severe democratic backsliding. Nicaragua is an illustration of the consequences of unconstrained power. But the growing corruption and political ambitions of other Central American leaders could further affect democratic institutions in the region. It is important not only to bear witness but to mobilize proactive foreign policy to prevent authoritarianism from rising.
The Ortega and Murillo dictatorship has used migration as a weapon against the United States, and as a tool of state capture.
In the wake of the Covid-19 pandemic, remittances have become a much more important source of income for many people in Latin America and the Caribbean. It is projected that the growth rate will reach 14 percent in 2022 to nearly US$150 billion, equivalent to 5 percent of the gross domestic product in Latin American and the Caribbean countries…
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,
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
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
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