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November 07, 2006

Online chat: remittances in Latin America

Featureimglacremittance The IADB estimates that Latin American migrants in the US will send $45 billion home this year. The recent World Bank study Close to Home: The Development Impact of Remittances in Latin America finds that:

Although positive, the impact of remittances on poverty and growth in the region is in most cases quite modest.

The topic has generated plenty of coverage - FT, WSJ (subscription), and several posts at NextBillion. Have your say in an online chat today at 10am with the study's authors, Pablo Fajnzylber and J. Humberto López.

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» Remittances from think mojo
PSD Blog references the World Bank Study Close to Home: The Development Impact of Remittances in Latin America, including the finding: Although positive, the impact of remittances on poverty and growth in the region is in most cases quite modest. ̵... [Read More]

» Do remittances help or hurt El Salvador? from PSD Blog - World Bank Group
El Salvador recently became the 11th country to sign a compact with the US Millennium Challenge Corporation. Marcela Sanchez at the Washington Post considers whether the $461 million agreement will reduce Salvadoran dependency on an annual diet of $2.8... [Read More]

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