Adobe Stock / Open Studio / 230167637
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.Read more +
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 +
Julio / Adobe Stock / Extended license
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 +
Jorge Mejía Peralta / Flickr / CC BY 2.0 DEED
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.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 +
Jorge Mejía Peralta / Flickr / CC BY 2.0 DEED
Nicaragua's political changes in 2024 will depend on both the internal and external responses to the dictatorial radicalization, as well as to how the international community redefines its policy toward and relationship with the Ortega-Murillo regime.Read more +
Servicio Nacional de Migración de Panamá / Twitter
This piece offers a look at the current migration trends and points to large differences that characterize this situation as a crisis: the scale, composition, nature, and management of migration is outside conventional or historical patterns. Aspects of this unprecedented migration pattern are not within the control of government authorities and policy makers. The recent migration wave to the US border has been referred to as a crisis. Media references point to the drama of people arriving and passing through the Darien, Central America, and Mexico to characterize the problem. Others have pointed out the increasing arrivals into US cities in numbers that are hard to manage by local communities.Read more +
Javier Gallego / Flickr / CC BY-NC-ND 2.0 DEED
When Bernardo Arévalo won a landslide victory in Guatemala’s runoff presidential election on Aug. 20, it was the first time in memory that people took to the streets to celebrate an election result. Against all early expectations, the 64-year-old sociologist, former diplomat and son of the country’s historically most revered…Read more +
RawPixel CC0 photo.
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 +
Colectiva Feminista
In 1967 the United Nations and its member states officially recognized women’s rights as international human rights. Despite this historic declaration many of those rights, specifically reproductive rights, are threatened today. As a region, Latin America has some of the world’s most restrictive anti-abortion laws. El Salvador, in particular, has…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 +
Nate Graham, Jamie Dorner, José Daniel Madrigal
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Voces
European Union / Flickr / CC BY-ND 2.0
Making climate change a central theme of a renewed US focus on the root causes of migration from the Northern Triangle presents an opportunity for the Biden administration to address its border dilemma while simultaneously advancing its climate-related foreign policy goals. Read more +
