Thursday, November 8, 2018

The Benefits for Colombia of the Venezuelan Mass Exodus


The migrants provide important consumption for the economy. Likewise, it is a workforce with diverse qualifications that comes to be inserted, either informally or formally, into the economy. That is, they come to contribute with work. She added that Venezuelan migration in Colombia was not a new phenomenon since the outbreak of the humanitarian crisis in that country, headed by Nicolás Maduro. On the contrary, she assured that the phenomenon dates back to when Hugo Chávez assumed power. “In the case of Venezuelan migration we find that it is a highly heterogeneous population; it is migration that stems not only from the humanitarian crisis, but since 1999 when Chávez came to power, prompting a migration of the elites. The migration of political elites, then economic migrants with vast amounts of capital, was a phenomenon that took place first. More than USD $1 billion arrived in Colombia through Venezuelan foreign investment.” More…

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