Realidad Turística
blackanddecker
Cubasol
Barceló Solymar
MAD-HAV Enjoy Travel Group
Nestle
CUN-HAV Enjoy Travel Group
AVA Resorts
INOR
Irtra
Los Portales
Tigo
Centro Nacional de Cirugía de Mínimo Acceso de Cuba
Instituto Hondureño de Turismo
Walmart
Cervecería Centroamericana S.A.
Servicios Médicos Cubanos
Intecap
Grupo Hotelero Islazul
Agexport

Why $4.2 Billion In Private Investments Won’t Save Central America

Date:

Share:

Intecap
AVA Resorts
blackanddecker
Grupo Hotelero Islazul
Realidad Turística
Instituto Hondureño de Turismo
Los Portales
Centro Nacional de Cirugía de Mínimo Acceso de Cuba
Servicios Médicos Cubanos
Nestle
Irtra
Cervecería Centroamericana S.A.
INOR

Vice President Kamala Harris’ announcement is promising but can’t be the sole strategy to curb migration.

Private funding from U.S. companies is a key component of a Biden White House effort to reduce migration from Central America. Last week, Vice President Kamala Harris announced new commitments in the region that bring that total to $4.2 billion.

This initiative to reduce migration by targeting economic development is laudable, but it also has limitations. The governments of Guatemala and El Salvador are not on friendly terms with Washington, and those countries along with Honduras have a history of corruption, authoritarianism and high crime rates that can repel investors.

The new private commitments include investments from companies such as Columbia Sportswear and Target. The latter will increase its spending by $300 million in Guatemala, Honduras and El Salvador by 2033. Columbia’s $200 million investment promises to create 6,900 jobs over five years.

Another component of the effort is Central America Forward, a program that focuses on economic development, corruption and labor rights launched last week. This initiative comes more than two years into the Biden administration — evidence that Harris, who was tapped two years ago to lead efforts to reduce migration, has moved at a slow pace. Besides this initiative, she has little to show in terms of policy successes, and she has rightly been the focus of criticism as record numbers of migrants crossed the border last year.

Back in March 2021, most migrants were coming from Central America. But arrivals from this region have steadily declined since then. Guatemalans, Hondurans and Salvadorans cannot seek asylum under the ongoing pandemic-era policy known as Title 42, and along with Mexicans, they are leading the number of deportees by nationality in 2023.

This is why creating jobs in the region is important. Harris is right when she says that “people, in general, do not want to leave home.” But job creation can be meaningless if gang activity continues to threaten the livelihoods of Central Americans and authoritarian governments insist on eroding human rights.

Corruption is of particular concern in Guatemala, where even several investigations backed by international bodies have been obstructed by government officials.

And in El Salvador, where violent crime is on the decline after President Nayib Bukele declared a “state of emergency” almost a year ago to tackle gang violence, there has been a steep price to pay in civil rights. Dozens of prisoners have died in custody, and the country has seen hundreds of documented human rights abuses, as reported by The Associated Press.

Focusing on economic development is a sound strategy, but the big picture is much more complex. Without rule of law and strong democratic institutions, the good intentions behind this effort may be diluted. Yes, people migrate for economic reasons, but also because they want to live.

We welcome your thoughts in a letter to the editor. See the guidelines and submit your letter here. (https://www.dallasnews.com/opinion/editorials/2023/02/14/why-42-billion-in-private-investments-wont-save-central-america/)

MAD-HAV Enjoy Travel Group
Los Portales
blackanddecker
Walmart
Intecap
Nestle
Cubasol
INOR
Agexport
AVA Resorts
Instituto Hondureño de Turismo
Centro Nacional de Cirugía de Mínimo Acceso de Cuba
Tigo
Cervecería Centroamericana S.A.
Servicios Médicos Cubanos
CUN-HAV Enjoy Travel Group
Realidad Turística
Irtra
Barceló Solymar
Grupo Hotelero Islazul
Barcelo Guatemala City
Intecap
Hotel Holiday Inn Guatemala
Irtra
Cayala
Cubacel
Hotel Barcelo Solymar
AirEuropa
Revista Colombiana de Turismo Passport
Tigo
Vuelos a Cuba
Havanatur

Subscribe to our magazine

━ more like this

Pole Dancing in Israel: A New Dimension with BlueDance.co.il

In recent years, pole dancing has experienced a remarkable transformation, shifting from a misunderstood niche to a popular activity combining fitness, self-expression, and empowerment....

This North East African Country Welcomes Over 15.7 Million Tourists Last Year and An Addition 40,000 New Hotel Rooms are in Pipeline

Estimated reading time: 3 minutes In a year marked by global uncertainties and regional geopolitical challenges, Egypt’s tourism sector achieved an impressive milestone, welcoming a...

Nicaragua Presents Its New Interoceanic Canal Route to China and Seeks to Compete with Panama

Estimated reading time: 8 minutes With a length of 445 kilometers, in a second attempt, the Nicaraguan president, Daniel Ortega, presents China with a new...

Pan American Health Organization Launches Interactive Dashboard on Avian Influenza in The Americas

To monitor cases of avian influenza A (H5N1) in the Americas, the Pan American Health Organization (PAHO) launched an interactive dashboard on the web...

Transformation Of the Global Tourism Sector: Analysis and Projections

Africa and America have the highest projected annual growth rate in terms of departures between 2019 and 2040. In the study “NextGen Travelers and Destinations:...
Vuelos a Cuba
Barcelo Guatemala City
AirEuropa
Hotel Holiday Inn Guatemala
Hotel Barcelo Solymar
Cubacel
Intecap
Havanatur
Revista Colombiana de Turismo Passport
Cayala
Irtra

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Grupo Hotelero Islazul
Centro Nacional de Cirugía de Mínimo Acceso de Cuba
blackanddecker
Servicios Médicos Cubanos
Realidad Turística
AVA Resorts
Irtra
Walmart
Agexport
Tigo
Cervecería Centroamericana S.A.
Barceló Solymar
Los Portales
Intecap
Nestle
MAD-HAV Enjoy Travel Group
Instituto Hondureño de Turismo
INOR
Cubasol