Remittances to Latin America and the Caribbean in 2019: Emerging Challenges, by Manuel Orozco

KEY FINDINGS ON REMITTANCES TO THE REGION FOR 2019:

• The slowing growth in remittances can be explained by several factors: the rise in migration from politically unstable countries, migrants sending more transfers more frequently, and restrictive immigration policies in the US, Mexico, and South America.
• Despite lower growth, remittances contributed to preventing greater economic shocks from the regional slowdown.
• Central America and the Caribbean have some of the highest levels of income dependency on remittances.
• Venezuela, Honduras, Nicaragua and Guatemala are among the countries with the highest remittance growth for 2019. 
• Although the volume of people migrating from El Salvador, Guatemala, and Honduras has increased, the number of unauthorized border crossings that successful make it into the US has decreased......

EN: https://www.thedialogue.org/analysis/remittances-to-latin-america-and-the-caribbean-in-2019-emerging-challenges/