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Coronavirus surprise: Remittances to Mexico rise during pandemic (Washington Post)
August 6, 2020
From the article:
"The informal sectors in those countries — laborers, maids, street vendors — have suffered immense unemployment with almost no government support. Mexico now has the third- most coronavirus-related deaths in the world, and some hospitals have been overwhelmed for months. Many people rely on private clinics, pharmacies and — if they can afford them — hospitals for medical care. Those costs are often covered by remittances.
In Mexico, migration expert Michael Clemens wrote in May, 'a 20 percent cut in remittance income would cause roughly 800 additional deaths of children under age one each year.'
Though such a decrease hasn’t happened yet, economists are alert to the possibility that a fall could still lie ahead, if economic conditions in the United States deteriorate."