In January of 2001, El Salvador adopted the U.S. dollar as its currency, going through a full dollarization process that fixed the exchange rate at 8.75 colones (El Salvador’s former currency) per U.S. dollar and that took the colón out of circulation. Dollarization was expected to increase...

This article discusses the relationships between immigration, unemployment, and crime. Venezuelan social and economic instability has led to an exodus of Venezuelan citizens to Colombian cities in recent years. Cali, the third most important city in Colombia, is aware of this phenomenon, as it...