The emigration of six out of seven Salvadorans who have studied for 12 years or more is removing a vital resource for economic performance, preventing improvements to labor productivity in the country.
Up until 2000, 85% of high school and college graduates with twelve or more years of education had migrated, reveals the study 'Measuring the international mobility of skilled workers'.
The Central Bank projects that, as in 2014, private consumption will be driven by growth in remittances which will remain the main engine of the economy in 2015.
A statement of the Central Reserve Bank of El Salvador reads:
The President of the Central Bank, Dr. Oscar Cabrera, presented the latest results of various economic indicators of the country and the growth prospects for El Salvador for next year, said a spokesperson for the institution..
Recognized Brazilian company of backhoe loaders, telescopic, articulated and other types of cranes looking for companies interested in representing the brand and distributing their machinery in Central America and Mexico. The company manufactures and sells telescopic,...