Declin des transferts de fonds de la Diaspora

piporiko Mer 12 Aoû 2009 - 19:50

Remittances to Latin America and the Caribbean to drop 11% in 2009, according to IDB

Region expected to receive about $62 billion from its migrants this year, as flows decline to 2006 levels
Latin America and the Caribbean will receive
about $62 billion in remittances from its expatriates in 2009, a
decline of about 11 percent from last year, according to the
Inter-American Development Bank’s Multilateral Investment Fund
(MIF).

The estimate reflects the impact of the global
economic crisis on migrant workers from this region, most of whom are
living in industrialized countries hit by recessions, such as the
United States, Spain and Japan.

“The crisis is clearly limiting migrants’ capacity to
send money home,” said IDB President Luis Alberto Moreno.
“Nevertheless, remittances have decreased less than other private
financial flows to the region, as migrants continue to make sacrifices
to provide for their families.”

The estimate was based on the findings of a report
conducted by Manuel Orozco of the Inter-American Dialogue, a
Washington, D.C think-tank, in collaboration with MIF remittances
specialists Natasha Bajuk and Gregory Watson.

The report was based on data from a survey
commissioned by the MIF of 1,350 Latin American and Caribbean migrants
carried out between March and June, combined with desk research and
statistical analysis of migration patterns and unemployment.

The findings in the new report are in line with the
MIF’s analysis of central bank data on remittance receipts. According
to these official sources, remittances dropped 15 percent in the second
quarter of 2009 with respect to the same period last year. In South
America, Central America and the Andean region the slide was less steep
than in previous quarters, while in Mexico and Caribbean countries the
downward trend accelerated.

The decline in remittances could impact more than
four million people in Latin America and the Caribbean, nearly
one-third of them in Mexico, by far the leading recipient of
remittances in the region.

Remittances from the United States – where
unemployment among Latin Americans is higher than among the general
population – are expected to decline by 11 percent to about $42.3
billion this year.

Remittances from Europe, another major destination
for Latin American migrants, are expected to drop by 14 percent to
about $9 billion. Remittances from other parts of the world will slide
about 4.5 percent to $10.4 billion.

The survey of migrants in the United States found
that they are sending money with less frequency and in smaller amounts.
In a similar poll conducted last year, migrants averaged about 15
transfers annually. This year the average is expected to drop to 12
times. The average amount sent per transfer is slipping from $241 to
$230.

However, the survey pointed out that even people who
have lost their jobs are still sending money home, usually by dipping
into savings. Migrants are employing different strategies to keep
making remittances, even during the downturn.

About 45 percent of respondents said they were now
reducing the amounts they send home. More than one-third of them have
reduced their day-to-day expenses and about one-fifth have taken on a
second job.

Asked if they planned to return to their countries of
origin, 34 percent said they expected to do so in the near future. In
last year’s survey only 20 percent of respondents expressed such
intentions. However, the most-cited motive was to rejoin their families
rather than a lack of employment.

One troubling trend revealed by the report is that
the costs of money transfers, which in recent years had fallen
dramatically due to increased competition and the adoption of new
technologies, have ceased to decline and in some cases are starting to
increase.

“It is critical to continue with initiatives that
help ensure that the cost of making remittances remains low so that
migrants and their families can keep more of their hard-earned money,”
said MIF General Manager Julie T. Katzman.

The MIF started analyzing remittances nearly a decade
ago to gauge their volume and impact in Latin America and the
Caribbean. Its work encouraged new service providers to enter the
market, including microfinance institutions, credit unions and
commercial banks that can provide additional financial services to
migrants and their families.

Sources:Stanley Lucas

Jude Mar 18 Aoû 2009 - 3:03

Hahaha Stanley Lucas est toujours vivant Razz

Et on dirait qu'il a trouvé un nouveau job Razz

Invité Mar 18 Aoû 2009 - 15:59

Jude a écrit:Hahaha Stanley Lucas est toujours vivant Et on dirait qu'il a trouvé un nouveau job

La décadence du régime lavalassien a fait plus de tort à Stanley Lucas qu'aux lavalassiens eux-memes.

Mwen rete kwè ke se chak jou, mouche ap priye bondie pou Lavalas repran pouvwa a e pou blan yo rebali yon lot kontra sabotaj kont Ayiti!

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