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March 21, 2005

Washington Post’s Marcela Sanchez writes: “Meanwhile, the major hope for development cash in Mexico and many other Latin American countries continues to be tied to immigration. Last year, immigrants in the United States, many of them illegal, sent to their relatives back home more than $45 billion in so-called remittances. This has exceeded foreign direct investment and foreign assistance to the region three years in a row.

Such “aid” would seem to exacerbate the problem of illegal immigration. Had remittances not become the only conceivable way to change the fortunes of entire families south of the border — where the gap between rich and poor is widening — one might argue that so many people would not be willing to make the harrowing journey to find work in the United States.”

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