Part of a special journal issue dedicated to strategies for societal renewal in Haiti., Fonkoze, "the bank the poor can call their own," is a bank that provides more than just loans. It also sees access to reasonably priced savings, remittance transfer, and currency conversion as a right of even the poorest. This article tells the story of how -- after the devastation of the 2010 earthquake -- Fonkoze found itself positioned to serve Haiti's rural population before other banks were back on their feet.
Examines the impact of remittances on the schooling of children in various Haitian communities with a high incidence of out-migration. In some communities remittances raise school attendance for all children regardless of whether they have household members abroad. In other communities this effect is observed only among children living in households that do not experience any family out-migration.
During the summer of 2009 a survey was conducted of 1,800 households in metropolitan Port-au-Prince. Six weeks after the earthquake, an attempt was made re-interview these households. The questionnaire examined mortality and injuries generated by the natural disaster, as well as the character of victimization, food security and living arrangements following the quake.
After Soviet aid and trade ended Cuba was forced to reintegrate into the capitalist world economy. Needing hard currency, the government transformed the diaspora into a dollar attaining strategy, by facilitating and tacitly encouraging remittance-sending. Ordinary Cubans themselves wanted remittances to finance a lifestyle they could not otherwise afford. Despite their shared interest in remittances, the government increasingly appropriated remittances at recipients' expense.
Beszterczey,Dora (Author), Fernandez,Damian J. (Author), and Gomez,Andy S. (Author)
Format:
Book, Whole
Publication Date:
Aug 2010
Published:
Washington, DC: Latin America Initiative at Brookings
Location:
African American Research Center, Library, University of Illinois at Urbana-Champaign
Notes:
5 p., Last year, President Obama delivered the first step in his promise to reach out to the Cuban people and support their desire for freedom and self-determination. Premised on the belief that Cuban Americans are the best ambassadors for freedom in Cuba, the Obama administration lifted restrictions on travel and remittances by Cuban Americans; however, if US policy is to be truly forward looking it must further expand its focus from the Castro government to the well-being of the Cuban people. Tables.
