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Remittances provide a critical source of income for hundreds of thousands of Honduran households. Honduran migrants sent over $2.96 billion in remittances in 2012, accounting for 15.7 percent of the country’s GDP. This FIELD Report explores the role of remittances along Honduras’ Corredor Seco (“Dry Corridor”), a geographic region in Western and Southern Honduras stretching from Guatemala to Nicaragua along the El Salvador border.
This thesis highlights the unintended consequences of CCT programs. It also attempts to identify the causal pathways that led to the implementation of targeted, conditional cash transfer programs in sixteen countries in Latin America.