Mario Campa

Mario Campa is an expert in economic policy and international finance, currently affiliated with Columbia University. He has provided insights on the implications of the recent 1% tax on remittances approved in the United States, discussing its potential impacts on Central American economies that heavily rely on these funds. Campa suggests that while the tax may slightly reduce remittance amounts, it is unlikely to create significant macroeconomic risks for countries like Guatemala, El Salvador, Honduras, and Nicaragua, which depend on remittances for a substantial portion of their GDP.