Remittances to Latin America and the Caribbean

Remittances to Latin America and the Caribbean

Caribbean

Remittances to Latin America and the Caribbean by Donald Terry, Manager, and Pedro de Vasconcelos, Coordinator, Remittance Program Multilateral Investment Fund                                               Call it the case of the missing billions. For decades, millions of migrant workers have been sending billions of dollars back to their home countries to support their families. Yet the impact of these huge international flows of both money and workers is only now beginning to be understood even though these flows of both money and people have been hidden in plain sight for decades. Why?  Because the money is sent regularly in small

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