32 min
A Look at How Migrant Money Cushions Economies Latin America in Focus
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- Business News
Remittances help pay medical bills and keep people fed in times of crisis, such as the COVID-19 pandemic. In Latin America, where many work informally and don’t have access to government assistance, the cash migrants send to their loved ones can even boost political stability and provide a buffer for national economies. In this episode, we hear about remittance trends in pandemic times from Creative’s Manuel Orozco, NYU’s Roy Germano, and Remitly’s Matt Oppenheimer.
Remittances help pay medical bills and keep people fed in times of crisis, such as the COVID-19 pandemic. In Latin America, where many work informally and don’t have access to government assistance, the cash migrants send to their loved ones can even boost political stability and provide a buffer for national economies. In this episode, we hear about remittance trends in pandemic times from Creative’s Manuel Orozco, NYU’s Roy Germano, and Remitly’s Matt Oppenheimer.
32 min