Cristobal Arias

Economist, Latin America
+44 20 7246 7878

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Mexico: Remittance flows look increasingly unsustainable

Overview

Having begun growing in 2014, remittances accelerated in the run-up to the 2016 presidential election amid the uncertainty over Trump’s immigration policy towards Mexico. But since the peso has now stabilized, we expect ongoing reverse migration from Mexico to the US and a drop in the age-income profile of the Mexican-born population in the US to contribute to a slowdown in remittances over the next six to nine...

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