I made this article for Rosa & Roubini Associates. You can read it here: Emerging Markets – El Salvador.
…And here’s an extract from the article:
While this story is indeed a negative one, this negativity also serves to obscure the potential of Salvadoran-Americans, a diaspora group that, when measured in size relative to the size of its home country’s population, exceeds all other countries’ diasporas living within the United States. (See chart above). The Salvadoran American population is currently estimated to be 2 million, 31% as large as the entire population of El Salvador.
The Salvadoran-American diaspora is a direct product of the terrible 1980-1992 civil war in El Salvador. Most Salvadoran emigrants arrived in the United States during or immediately after the war. This means that the second generation of Salvadoran Americans, the more than 1 million born in the US, most of whom are bilingual, some of whom will achieve the American Dream of getting rich quick, and none of whom were directly impacted by the civil war, is now coming of age. The big jump in US-born Salvadorans came in 2000: they are turning 18 years old this year.