The Impact of the COVID-19 Crisis on Remittance Flow to Cuba: A Glance at the Use of Digital Platforms
Denisse Delgado Public Policy Ph.D. student UMass Boston During the COVID-19 crisis, Mexico and the Dominican Republic have been experiencing an unexpected increase in the remittance transactions. However, most of the countries in Latin America and the Caribbean saw a sharp decline in their remittance receipts in April, before they began to rebound in June […]
Removing bottlenecks to flow of remittances should be a top priority during COVID-19: Policy Brief
Summary With close to $500 billion of remittances flowing around the world, the phenomenon of remittances as a force for community development and individual empowerment cannot be ignored. Remittances impact the lives of almost a billion people, worldwide. While the flow of money during the best of times is constrained by various policy initiatives and […]
Coronavirus: How can we keep remittances flowing?
The World Bank is projecting the largest decline in remittances in history, due to COVID-19. On April 23, 2020, The World Bank hosted a webinar with Dr. Dilip Ratha, Chief Economist Remittances unit at the bank on how we could keep remittances flowing. Here is an abridged version of the webinar. Q: Can you give […]