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"Remittances to Latin America and the Caribbean in 2014"
On February 24th, the Inter-American Dialogue held its annual event on Remittances to Latin America and the Caribbean, this time sharing estimates and relevant trends for remittances growth in 2014. The report takes a look at how levels of remittances vary from country to country and are affected by a number of key factors, including international relations among countries, migration policies, demographics, and economic growth in both home and host countries. A closer look was taken at certain countries such as Cuba, that are of particular interest in light of recent developments.

"Remittances and Financial Inclusion: Opportunities for Central America"
Financial access can magnify and deepen the positive impacts of remittances at each stage in the remitting process, from access to reliable and affordable remittance services for the sender, to access to banking services and savings strategies for the recipients.
This report is part of our joint project with the Alliance for Migration in Central America and Mexico (CAMMINA) created in 2010 by three philanthropic international organizations (Avina Foundation, Ford Foundation, and Open Society Foundations) with a shared interest in migration in Central America, Mexico and the United States.


Dialogues on Migration and Development in Central America

The Remittance Industry Observatory (RIO)

Latin America and the Caribbean Remittance Industry Scorecard

Hispanic Migrant Survey Report

Remittances and Financial Literacy


The Migration, Remittances and Development Program seeks to leverage migration and remittances for development. The program focuses on policies governing the flow of remittances, private sector financial and remittance services, and financial access for migrants and remittance recipient families. Through research, policy analysis, technical assistance, product development and project implementation, the program has raised awareness and forged partnerships among public and private institutions in over 80 countries around the world. In 2013, the program launched a new initiative, the Remittance Industry Observatory, which provides analysis of the remittance marketplace.


Manuel Orozco, Senior Fellow
Laura Porras, Associate
Julia Yansura, Program Associate

For more information, please contact Julia Yansura at or (202) 463-2570(202) 463-2570


"Remittances to Latin America and the Caribbean in 2014," Orozco, Porras, and Yansura, February 2015.

"Remittances and Financial Inclusion: Opportunities for Central America"  Orozco and Yansura, February 2015.

"On the 'Productive' Use of Remittances and their Significance for Asset Building," Manuel Orozco, February 2015.

"Manual para elaborar proyectos sobre remesas," Manuel Orozco with Laura Porras and Sonia Pellecer, November 2014.

"Critical Issues Shaping Money Transfers," Manuel Orozco, Presentation at the International Money Transfer Conference, October 2014.

"Understanding Central American Migration: The Crisis of Central American Child Migrants in Context," Manuel Orozco and Julia Yansura, August 2014. A Spanish version of the report is also available.

Crimen, Migración y Desarrollo en Centroamérica, Manuel Orozco, Confidencial, July 2014. An English translation is available here.

La crisis de los menores: una migración forzada, por Manuel Orozco en El Faro, Julio 2014. An English translation is available here.

"Economic Status and Remittance Behavior among Latin American and Caribbean Migrants in the Post-Recession Period" by Manuel Orozco with Mariellen Jewers, April 2014. A Spanish version of the report can be found here.

Migration & Development in Central America: Perceptions, Policies, and Further Opportunities/Migración y Desarrollo
en América Central: Percepciones, Políticas y Nuevas Oportunidades
, by Manuel Orozco and Julia Yansura, November 2013.

A Long Road to Recovery: Market Competition and the Role of Western Union in the US-Latin America and Caribbean Corridor, by Manuel Orozco, Julia Yansura and Beatriz Slooten, September 2013.

Briefing on Youth Migration, Remittances and Development, by Manuel Orozco, August 2013. 

Is Legalization Possible? Trends and Political Mapping of Immigration in the House of Representatives, by Manuel Orozco and Julia Yansura, August 2013.

Keeping the Lifeline Open: Remittances and Markets in Somalia, by Manuel Orozco and Julia Yansura, July 2013.

Migrant Remittances and Development in the Global Economy, by Manuel Orozco, Lynne Reinner Publishers, 2013. 

Migrant Domestic Workers: Global People, in the Margins and Marginalized, by Manuel Orozco with Beatriz Slooten and Caryn Ellis, February 2013.

América Latina y el Caribe: Desarrollo, migración y remesas, by Manuel Orozco, 2012.

The Market for Money Transfers: 2012 Scorecard Report, by Manuel Orozco, December 2012.

El mercado de remesas nacionales en México: oportunidades y retos, by Manuel Orozco on behalf of Centro de Estudios Migratorios Latinoamericanos (CEMLA), 2012.

Analisis Descriptivo de las Instituciones Responsables de la Gestion de las Politicas Migratorias en Costa Rica y Nicaragua, by Manuel Orozco and Beatriz Slooten, December 2011

Hacia un modelo de Alianzas por el desarrollo con la diáspora y el sector privado: la experiencia en educación, by Manuel Orozco and Carola Balbuena, June 2012

Remittances and Assets: Conceptual, Empirical and Policy Considerations and Tools, by Manuel Orozco, UNCTAD publication, June 2012

Tendencias Futuras de las Remesas en America Latina y el Caribe, by Manuel Orozco, May 2012

Future Trends in Remittances to Latin America and the Caribbean, by Manuel Orozco, May 2012 

Las remesas y la migración en la Región Autónoma de la Costa del Caribe de Nicaragua, by Manuel Orozco, March 2012

Assessment and lessons learned from African Diaspora Market Place, by Manuel Orozco and Mariellen Jewers, November 2011.

Estado del Arte en Banca Móvil, by Manuel Orozco, June 2011

Estado del Arte de la Corresponsalía No Bancaria, by Manuel Orozco, June 2011

Partnerships at work: Western Union’s 4+1 experience in Mexico, by Manuel Orozco and Katherine Scaife, May 2011.

A Country Profile on the Gambia: The Marketplace & Financial Access - Prepared for Women’s World Banking, by Manuel Orozco, Anjali Banthia and Mariama Ashcroft, October 2011.

Remittance Recipients and the Present and Future of Micro-Entrepreneurship Activities in Cuba, by Manuel Orozco, May 2011.

Central America, Migration Flows and Remittances, by Manuel Orozco, March 2011.

Competition in Africa’s Remittance Market: Weak Markets and High Costs, by Manuel Orozco, November 2010

The Impact of Regulations Governing Money Transfers to Africa on Competition and Development, by Manuel Orozco, November 2010

Opportunities to Increase Financial Access  through Remittances to Africa, by Manuel Orozco, November 2010

A Scorecard in the Market for Money Transfers: Trends in Competition in Latin America and the Caribbean, by Manuel Orozco, Elisabeth Burgess and Landen Romei, June 2010.

Toward Financial Independence: Financial literacy for Remittance Senders and Recipients, by Nancy Castillo, Landen Romei and Manuel Orozco, June 2010. 

Remittances and Development: Financial Literacy in an International Perspective, by Manuel Orozco, Elisabeth Burgess, Nancy Casillo and Landen Romei,  2010.

Skilled Diasporas: An Imagined or Real Community?, by Manuel Orozco and Mariellen Jewers, April 2010.  

Migration, Remittances and Assets in Bangladesh: Considerations About Their Intersection and Development Policy Recommendations, by Manuel Orozco, March 2010.


To keep kids from our borders, fix things farther south, by Peter Hakim, Reuters, 14 July 2014 and Infolatam, 27 August 2014.

La crisis de los menores: una migración forzada
Manuel Orozco en El Faro, Julio 2014

Crisis migratoria de niños de centroamérica Manuel Orozco en El Confidencial, Julio 2014

Deportaciones como política migratoria, by Manuel Orozco, Confidencial Digital, January 6, 2012

México, Centroamérica y la política de inmigración en los Estados Unidos, by Manuel Orozco, Confidencial Digital, December 12, 2011

Tendencias migratorias: caso centroamericano, by Manuel Orozco, Confidencial Digital, November 29, 2011

Fighting for the Right Community Participation in Latin American Post-Transitional Democracies by Manuel Orozco and Beatriz Slooten, September 2011.

A Commitment Amidst Shared Hardship: Haitian Transnational Migrants and Remittances, by Manuel Orozco and Elisabeth Burgess, Journal of Black Studies, March 2011.

Educación financiera y desarrollo: un modelo para Nicaragua, by Manuel Orozco, El Confidencial, January 11, 2011.

Remittance Transfers in Senegal: Preliminary Findings, Lessons, and Recommendations on its Marketplace and Financial Access Opportunities, Manuel Orozco, Elisabeth Burgess, and Corinne Massardier, International Labour Office, December 1, 2010.

Continuity and Change: Latinos and U.S. Midterm Elections, by Manuel Orozco and Katherine Scaife, FOCAL Point, November 2010.  


Migración y Desarrollo en Centro América: Perspectivas y Políticas, the first of five meetings on migration and development policy in 2014-2015, was held in San Jose, Costa Rica on August 22nd, 2014 with a group of 20 leaders representing 7 countries.

Report Launch and Panel Discussion, "Child Migrants from Central America: Research Findings," 11 August 2014.

Financial Education and Inclusion in Mexico, 23 June 2014.

Report Launch, "Economic Status and Remittance Behavior among Latin American and Caribbean Migrants in the Post-Recession Period." 4 April 2014.

Remittances to Latin America and the Caribbean in 2013, 28 February 2014.

State of the Remittance Industry: Trends and Challenges, 19 September 2013.

Migrant Remittances and Development in the Global Economy, 26 July 2013.

Financial Crime Trends in the Caribbean and the Implications for Jamaica, 22 February 2013.

The Market for Money Transfers: Ranking of Remittance Service Providers in Latin America & the Caribbean, 14 December 2012.

Future Trends in Remittances to Latin America and the Caribbean, 7 May 2012.

The Mexican Diaspora Investment Partnership, 14 October 2011.

Discussion of the Dodd-Frank Wall Street Reform and Consumer Protection Act, 8 July 2011.



Migración centroamericana: donde la violencia y el delito no conocen de fronteras, InContext Migraciones, Fundación Avina, 12 November 2014.

Recent Central American Immigrants in New Orleans Tell their Stories, Miriam Jordan, The Wall Street Journal, 19 September 2014.

Informe Sostiene Que Violencia Es Principal Factor en Migracion de C.A., Jimena Aguilar, La Prensa Grafica, 24 August 2014.

"Writing Was on the Wall" For Child Immigrant Crisis, Says New Study, Patricia Guadalupe, The Tico Times, 15 August 2014.

Will Climate Change Hasten Central American Migration to the US? Tim Rogers, Fusion News, 15 August 2014.

US Urged to Put Development Aid Over Border Security, Julia Holtz,  Inter Press Service News Agency, 15 August 2014.

Study: Migration Crisis is a Development Issue, Dima Ansari, United Press International, 12 August 2014.

Single Mothers Join Wave of Central American Immigrants arriving in D.C. Area, Manuel Orozco interviewed by WAMU, American University Public Radio, 7 August 2014.

Why Nicaraguans aren't migrating to the US, Manuel Orozco interviewed by KPCC, Southern California Public Radio, 28 July 2014.

La Crisis de los Niños Migrantes, Manuel Orozco interviewed by CNN Expansión, 26 July 2014.

Immigration: Life on the Line, Manuel Orozco quoted in article by Jude Webber and Barney Jopson, Financial Times, July 2014.

Fleeing Gangs, Children Head to U.S border, Manuel Orozco quoted in article by Frances Robles, New York Times, July 9, 2014.

Immigrants From Latin America and Africa Squeezed as Banks Curtail International Money Transfers, Manuel Orozco quoted in article by Michael Corkery, New York Times, July 2014.

Is Facebook aiming to be an e-money institution? Manuel Orozco interviewed in The San Francisco Chronicle, 15 April 2014.

Migrants' Financial Picture has Improved but Many Remain Vulnerable, Dialogue Study in The Miami Herald, 4 April 2014.

Migrant Women Lift Remittances, Dialogue Report in The Wall Street Journal, 6 April 2014.

The US Immigration Debate Should Include Role of Remittances, Dialogue report in Huffington Post, 20 August 2013.

Prevén alza de 15% en flujo de remesas, Manuel Orozco in El, 11 August 2013.

Somalia's remittances quandary: what are the options post-Barclays?, Dialogue report in The Guardian, 9 August 2013.

Somaliland: Disruptions to Diaspora Remittances Threaten Somalia, Dialogue report in Somaliland Sun, 2 August 2013.

U.S. Money Laundering Laws and Banking Decisions Hurting Somali Families, Manuel Orozco in InfoZine, 1 August 2013.

Keeping the lifeline open: Remittances and markets in Somalia, Dialogue report in Oxfam America, 31 July 2013.

América Latina: el consumo te consume, Dialogue report in América Economía, 31 July 2013.

Somalia's Lifeline Under Threat, Dialogue report in Huffington Post, 31 July 2013.

Remesas se bancarizan, Manuel Orozco in El Nuevo Diario, 15 July 2013.

Reforma migratoria en manos de republicanos, Peter Hakim in La Prensa Gráfica, 26 June 2013.

"Votar de una forma u otra en la reforma te puede costar tu empleo," Peter Hakim in La Prensa Gráfica, 26 June 2013.

Immigrants Pay Lower Fees to Send Money Home, Helping to Ease Poverty, Manuel Orozco in The New York Times, 27 April 2013.

¿Qué hay detrás del giro de EEUU hacia Ortega?, Manuel Orozco in Confidencial Digital, 1 February 2012

Remittances to Latin America on the rise, Manuel Orozco in Marketplace Morning Review, 12 January 2012

Economist: Still more room to export “nostalgic” products to U.S., Manuel Orozco in Dominican Today, 12 January 2012

Cash flowing to native lands, Manuel Orozco in Boston Globe, 20 September 2010.

Haitian Recovery: What's Next?, Interview with Manuel Orozco, WAMU 88.5 FM, 15 February 2010.

Homeland’s crisis strains Haitian families in region, Manuel Orozco in Boston Globe, 8 February 2010.

Envío de remesas crecerá en 2010, que será un año difícil para Latinoamérica, Manuel Orozco in EFE, 9 December 2010.