October 2, 2023

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How Venezuelan immigrants improve the economies of their receiving countries

  • Angel Bermudez (@angelbermudez)
  • BBC News World

image source, Good pictures

When you hear the phrase “Venezuelan migration crisis,” what images come to mind?

Google that phrase and the photos you see will show long lines of people carrying backpacks or lugging suitcases while trying or waiting to cross a border; Parents carrying small children, heartbreaking hugs, camping, tired faces.

A wave of Venezuelan emigration is the result A major economic downturn that reduced the country’s GDP by more than 75% between 2013 and 2021, Seven million people have left to date, six million of whom are in Latin American and Caribbean countries.

This massive influx of Venezuelan migrants, who in many cases require immediate attention – including the most basic issues such as food, shelter, medicine, education for children – has had a significant impact on receiving countries, requiring a significant effort. Welcome newbies.