Tuesday, September 2, 2014

Poverty and homicides decrease in El Salvador - Isn't life great?

Some good economic news out of El Salvador. Poverty decreased from 34.5% in 2012 20 29.6% in 2013. Tim takes a closer look with Economic statistics -- poverty and the middle class both shrinking in El Salvador. Costa Rica has economic growth without poverty reduction while Guatemala has economic growth and impoverishment. El Salvador is trying poverty reduction with no economic growth.

Imagine how bad things would have been had El Salvador not experienced two years of relatively low homicide rates and poverty rate improvements. I'm skeptical like Tim about the causes of the decrease in poverty. However, if the numbers are to be believed, I'd say that it was a combination of many factors - remittances, government spending on health and immigration, perhaps the outward migration towards the US of those at the bottom of the economic pyramid.

El Salvador: ¿Quién paga el precio de la evasión fiscal?

El Salvador gangs announce re-launch of 2012 truce. See more from Tim with Gangs announce a new phase of the truce. At this point, I can't keep up.

Some more security news as the Fiscalía pide captura de jugadores futbolistas; Growing Calls for Reforms of El Salvador’s Privatised Pension System; and El Salvador: Desmantelan red de trata de menores y prostitución.

Finally, there's the The Age of Survival Migration from Diana Cariboni. Children fleeing violence and economic opportunity is a global phenomenon, not just one between the Northern Triangle and the United States.

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