Chile’s GDP Surges, Remittances Boost Mexican Economy

Simply Economics, from Mexico

May 22 2024 • 6 mins

Chile's GDP had its biggest increase in two years, signaling economic growth. The Mexican economy benefits from a significant increase in remittances. Discover how these developments impact daily life and long-term economic prospects. Explore the policies behind Chile's recovery and the role of digital channels in facilitating remittances in Mexico. Sources: https://www.infobae.com/america/america-latina/2024/05/21/el-pib-de-chile-tuvo-su-mayor-alza-en-dos-anos-y-la-economia-comienza-a-crecer-de-nuevo/ https://www.contramuro.com/impacto-remesas-economia-mexicana-mayo/ Outline: (00:00:00) Introduction (00:00:38) Chile's GDP had its biggest increase in two years and the economy is starting to grow again (00:03:43) Impact of remittances on the Mexican economy revealed in May