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Caribbean-Latin America
Central America Border Rush Fueled By Remittances
2014-07-01
[IBD] House Minority Leader Nancy San Fran Nan Pelosi
Congresswoman-for-Life from the San Francisco Bay Area, born into a family of professional politicians. Formerly Speaker of the House, but it's not her fault they lost. Really. Noted for her heavily botoxed grimace...
 and Honduras first lady Ana Garcia de Hernandez are making separate tours of the south Texas border, where most of the 52,000 unaccompanied undocumented Democrat children have crossed this year.

But while the political debate has focused on U.S. immigration enforcement, a key economic factor has been lost in the clamor. Guatemala, El Salvador and Honduras, which are supplying three-quarters of the latest cross-border flood, are bucking a trend in Latin America toward stronger local economies based on sound reforms and security.

Those three Central American countries are dependent on their diaspora to prop up their own woeful economies. Immigrants send back billions of dollars to their families. Remittances have risen to 16.5% of El Salvador's GDP, 15.7% of Honduras' and 10% of Guatemala's, according to World Bank data. Nicaragua, the Dominican Republic and Bolivia rely on remittances for 4.1% to 9.7% of GDP.

But the figure drops precipitously for every other country in Latin America. Mexico, with the largest immigrant population in the U.S. with as many as 13 million people, now relies on remittances for just 2% of GDP.
Posted by:trailing wife

#9  These are Loyalists coming in. THIS country cannot exist. The one Hussein is building will replace it.
Posted by: Thineng Angailet7166   2014-07-01 17:37  

#8  The House Minority Leader is suffering from a serious mental disorder. A country cannot continue to exist if it is swamped with hordes of illegal immigrants(otherwise known as near-future Democratic voters).
Posted by: JohnQC   2014-07-01 17:27  

#7  Well, you certainly can't move 50,000 kids across Mexico without a lot of government corruption. Unless, of course, our president made a deal with Mexico that Congress doesn't know about. At least, the House doesn't.
Posted by: KBK   2014-07-01 17:09  

#6  #2 Mexico expels illegals. They just don't care if its to the south or the north. As long as you keep moving, pay the Mexican coyotes, and look the other way same many of your fellow travelers are yanked for slavery, Mexican government personnel are only concerned about getting their cut of the take. Why to you think the drug trade 'exploded' in Mexico? The export business was already there, they just added hyper money to the process.
Posted by: Procopius2k   2014-07-01 16:51  

#5  Sending remittances to Third World countries...now that's doing the work that Americans won't.
Posted by: Ebbang Uluque6305   2014-07-01 14:42  

#4  Politicians generally have well-armed bodyguards (despite any positions on yankee gun control)
Posted by: rjschwarz   2014-07-01 14:28  

#3  Never did hear the explanation as to why it was OK for the politicos to tour these places, yet 'unsafe' for the media to do so........
Posted by: USN, Ret.   2014-07-01 14:21  

#2  How do these people get through Mexico? I thought Mexico was known for strong borders.
Posted by: KBK   2014-07-01 13:36  

#1  Fueled by remittances a basically open border and lax enforcement of the immigration laws.

FIFY.
Posted by: OldSpook   2014-07-01 08:46  

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