INTERNATIONAL FINANCIAL FLOWS AND WORKER REMITTANCES: BEST PRACTICES

According to the United States Census in 2000, over 40 per cent of Latinos earn less than $20,000 a year and over 70 per cent earn less than $35,000 a year. On average, immigrants in the United States send $260 in remittances at least seven times a year, but these amounts vary depending on the country of origin. Among Latin Americans, Brazilians, Costa Ricans and Mexicans, send the most, while Haitians, Nicaraguans and Peruvians send the least. While there is a considerable variation among migrant populations, remittances represent at least 10 per...