Crisis from the South

According to Banco de Guatemala, for the first time since 1999, in January 2009 remittances from abroad decreased by 7.75% compared to the same month in 2008. In Guatemala remittance  flows represent 11.89% of GDP. According to the World Bank remittances can represent more than 50% of rurally-based family income and for the International Organization for Migration 30.4% of the population receives money from abroad.

Causes? Probably economic crisis and deportation of  illegal immigrants from the US.

Something is certain: remittances are a strong factor in reducing poverty in Guatemala. If flows continue to decrease is more than probable that poverty will rise in a country where, according to the government, 45,6% of children are already underweight.

Monday, 16 February 2009

tweets


Twitter: frbailo

links


blogroll


RSS r-bloggers.com

RSS Simply Statistics

RSS Statistical Modeling, Causal Inference, and Social Science

  • The cleantech job market: Every modeler is supposed to be a great Python programmer.
    This post is by Phil Price, not Andrew. I’ve had a run of luck ever since I left my staff scientist position at Lawrence Berkeley Laboratory to become a freelance consultant doing statistical modeling and forecasting, mostly related to electricity … Continue reading →
  • J. K. Rowling (2) vs. Joan Didion; Arnold advances
    Our most recent competition was close. Ethan goes for Mr. 22 based on the duplication of duplicate names: Well Benny can stretch to a double major – Major General for us, working with the Brit’s Major Andre. But that’s not … Continue reading →
  • Do doctors get too little respect nowadays? Or too much?
    This news article laments that doctors don’t get enough respect: ‘Kind of Awkward’: Doctors Find Themselves on a First-Name Basis . . . Female doctors were more than twice as likely as male doctors to be addressed by their first … Continue reading →