Venezuelan migrants are boosting economic growth in South America, says research
- Written by Jose Caballero, Senior Economist, IMD World Competitiveness Center, International Institute for Management Development (IMD)
Venezuela is engulfed in a political and economic crisis, which has forced over 6 million people – some 20% of the population – to flee the country since 2015. The mass exodus began when Venezuela’s economy collapsed, giving rise to rampant inflation, political turmoil and pervasive violence.
Over 80% of those who have left...