Analysis

Economic Growth and Family Remittances to Central America in 2018

Central American economies continue to struggle with achieving higher rates of economic growth, of above 4%. The sluggish growth continues to limit the ability of these countries to achieve economic development and prevent emigration in the long term. Of particular relevance is the fact that these economies are highly dependent on a small number of economic activities, and remittances are a central, if not the most important, source of income.

Manuel Orozco

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