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dc.titleRemittances to Latin America and the Caribbean in 2009: The impact of the global financial crisis
dc.contributor.authorMaldonado, René
dc.contributor.authorBajuk, Natasha
dc.contributor.authorWatson, Gregory
dc.contributor.orgunitOffice of the Multilateral Investment Fund
dc.date.available2011-02-08T00:00:00
dc.date.issue2010-03-04T00:00:00
dc.description.abstractIn 2009 remittance flows to Latin America and the Caribbean (LAC) declined as a result of the impact of the global financial crisis on countries in which migrants from the region live and work. The recessions in major remittance-sending countries such as the United States, Spain, and Japan had a strong impact on the employment and income of remittance senders, and, as a result, the annual accumulated volume of remittances to LAC dropped substantially, reaching $US 58.8 billion at the end of the year.
dc.identifier.doihttp://dx.doi.org/10.18235/0006618
dc.identifier.urlhttps://publications.iadb.org/publications/english/document/Remittances-to-Latin-America-and-the-Caribbean-in-2009-The-impact-of-the-global-financial-crisis.pdf
dc.language.isoen
dc.mediumAdobe PDF
dc.publisherInter-American Development Bank
dc.subjectRemittance
dc.subjectMigration and Migrant
dc.typeDiscussion Papers
idb.identifier.pubnumberDiscussion Papers
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