18.9 C
New York
June 28, 2025
Americas Global development news Refugees Venezuela

Venezuelan migrants boost economies of South American countries, studies find

Venezuelan migrants boost economies of South American countries, studies find

Benefits for Latin American host nations could be greater still if access to jobs for migrants were increased, research shows

An exodus of nearly 8 million Venezuelan migrants who have fled poverty and political turmoil is boosting the economies of other countries across South America, two studies published by leading international financial institutions have found.

The foreign workforce will lift the economies of their main host nations in Latin America and the Caribbean by 0.10-0.25% on average each year from 2017 until 2030, according to the research.

Continue reading…

Related posts

Kenyan government halts baobab exports to Georgia after outcry

TheWorldsNews

Canada mass stabbing suspect’s brother was victim not accomplice, police say

TheWorldsNews

Senegal riot police fire teargas to break up protests over postponed election

TheWorldsNews

Pin It on Pinterest

Share This