
Remittances in Latin America and the Caribbean: Their Impact on Local Economies and The Response of Local Governments
By Manuel Orozco
Decentralization and the Challenges to Democratic Governance, November 1, 2008
This report assesses the intersection of remittances with the local economies of five cities in Latin America and the Caribbean. We explore the extent to which these economies effectively absorb remittances into their productive base and the response of the local governments to these realities. The global is local: remittances go to a myriad of places outside capitals and large cities.
See the report in Spanish.