Violence and corruption in Central America, particularly in the Northern Triangle countries, is causing a wave of outward migration. The Trump administration’s restrictive measures and pressure on regional governments did nothing to address the root causes of the problem, which the Biden administration has now pledged to tackle. Meanwhile, efforts at reform across the region face opposition from entrenched interests that benefit from the status quo.
More than 7.1 million Venezuelans have now fled the country, making the exodus the largest migration crisis in the world. But while most Venezuelan migrants had previously sought a safe haven in other countries in South America, migration patterns have shifted toward the U.S. under the false hope that things will be better there.
“The worst is yet to come.” That’s the message from the International Monetary Fund about what to expect in 2023. For Latin America, the IMF’s bad news about the year to come will add to a pile of years’ worth of other economic and political problems and will be critical to every political story in the region for the year to come.