Remittances to Latin America and the Caribbean in 2010: Stabilization after the Crisis
AbstractThis paper deals with remittance trends in Latin America and the Caribbean, including statistics and indicators. In 2010, remittance flows to Latin America and the Caribbean marked the end of the downward trend brought on by the 2008-2009 global financial and economic crisis. The overall regional volume of remittances sent home reached levels similar to the previous year with a slight increase of 0.2%. However, higher inflation rates and stronger local currencies in many countries resulted in an -8.7% drop in the value of these remittances, once received.
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Bibliographic InfoPaper provided by Inter-American Development Bank in its series IDB Publications with number 61918.
Date of creation: Mar 2011
Date of revision:
Financial Services; Remittances; Financial Crises & Economic Stabilization; Workforce & Employment; Migration & Migrants; cash flows; remittance sending countries;
This paper has been announced in the following NEP Reports:
- NEP-ALL-2012-02-01 (All new papers)
- NEP-LAM-2012-02-01 (Central & South America)
- NEP-MIG-2012-02-01 (Economics of Human Migration)
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Blog mentionsAs found by EconAcademics.org, the blog aggregator for Economics research:
- Remittances to Latin America and the Caribbean in 2010: Stabilization after the Crisis
by Maximo Rossi in Wikiprogress América Latina on 2012-02-02 13:04:00
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