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Venezuelan migrants could boost host countries' growth

Location:

LATIN AMERICA

Millions of Venezuelans have fled their homeland in recent years as living standards have deteriorated rapidly, with the vast majority settling in other South American nations…

Latin American remittances growth will ease this year

Location:

LATIN AMERICA

Migrants from Latin America and the Caribbean (LAC) sent a record amount of money to relatives last year due mainly to a strong labour market in the United States, where most of…

Lack of digital skills dampens Latin America's outlook

Location:

LATIN AMERICA

Evidence increasingly indicates that the region’s limited progress in the digital economy is caused less by poor connectivity than by the lack of digital skills among its…

Inequality will have long-term impact in Latin America

Location:

LATIN AMERICA

Income inequality has also gone hand in hand with low social mobility and large disparities in wealth distribution. Reducing inequality remains complicated due to the economic…

New York City faces a range of fiscal challenges

Location:

UNITED STATES

Adams wants to tell potential migrants in the region that New York is “at capacity”. Last week’s heavy flooding underscored the frailties of the city’s 19th-century…

Latin American remittances growth will slow this year

Location:

LATIN AMERICA

Despite the slowdown, growth in remittances in 2022 still reached double digits. This was mainly due to the strength of the labour market in the United States, where the majority…

Inequality advances may be reversed in Latin America

Location:

LATIN AMERICA

In the last two years, the pandemic together with deteriorating macroeconomic conditions have likely contributed to income concentration. At the same time, new research based on…

Inequality will remain challenging in Latin America

Location:

LATIN AMERICA

The report finds that despite progress made on several economic and social development indictors, inequality has remained largely unchanged in Latin America over time. Crucially…

Latin America remittances fall may wait until 2021

Location:

LATIN AMERICA

Money transfers to the top recipient country, Mexico, have thus far held up particularly well, with full-year totals set to exceed last year.

COVID-19 will deepen food insecurity in Latin America

Location:

LATIN AMERICA

Although the food sector has not been immune to the impact of COVID-19, it has proved relatively resilient. According to the UN, while the region’s overall GDP fell by 6.4…