WE SHOULD NOT TAKE STEPS TO
STOP ECONOMIC MIGRATION
DAMINI BISSUMBHAR, V52
The impact of economic migration has been studied thoroughly, but is still often
associated with negative perceptions, which can lead to the people of that
country feeling threatened. These thoughts are standing in the way of that
country’s development, in which economic migration actually plays a big part.
Economic migration is when people move from one country to another because
they want to improve their standard of living. It is a necessary process to make
sure a country is able to have economical growth. This is because economic
migration benefits the host nation’s economy, expands the labour market and
creates cultural diversity (Oxford University Press (OUP), z.d.; Finablr company ,
2019).
Let us start with how economic migration benefits the host nations’ country and
the home country. It offers advantages by migrants spending their money. While
migrants often send money home to their families, they also spend it on
healthcare, food and housing for example. Because of migrants the GNP in the
host country increases. This is because the government has to invest in
guaranteeing the migrants with their education and housing, but the migrants
will be paying more taxes than they are receiving money from the government
over time. This way, the economy of the host nations’ country will improve. The
way migrants benefit another country’s economy is known as ‘immigration
surplus’. Migrants tend to send money to their home country to support their
families. In 2018, these remittances to low- and middle-income countries have
increased with 11%, showing that migrants benefit both the host country as well
as the home country (Dehaen, 2017; Finablr company , 2019; Mohieldin & Ratha,
2019).
Now, you might be wondering how migrants can expand the labour market ,
because all you have been told is that they steal jobs from people who need
them more. This is a common misconception, because migrants and native-born
workers genereally do not compete for the same jobs. Migrants actually increase
the level in productivity by expanding the workforce. This is one of the main
triggers to achieve economic growth. Migrants are free to move around and take
jobs wherever they want and wherever the need is the greatest (Finablr company
, 2019).
This may sound a bit like a cliche, but the migrants have created a more
interconnected environment by sharing cultures, engage in worldwide trade and
they develop friendships with people from different backgrounds. The way this
environment is interconnected causes progress in cases like poverty, hunger and
gender inequality. A key ingredient to this dynamic is immigration. People cross
borders and participate in new countries, which allows progress resulting in a
more open and welcoming world (McCarthy, 2018).
STOP ECONOMIC MIGRATION
DAMINI BISSUMBHAR, V52
The impact of economic migration has been studied thoroughly, but is still often
associated with negative perceptions, which can lead to the people of that
country feeling threatened. These thoughts are standing in the way of that
country’s development, in which economic migration actually plays a big part.
Economic migration is when people move from one country to another because
they want to improve their standard of living. It is a necessary process to make
sure a country is able to have economical growth. This is because economic
migration benefits the host nation’s economy, expands the labour market and
creates cultural diversity (Oxford University Press (OUP), z.d.; Finablr company ,
2019).
Let us start with how economic migration benefits the host nations’ country and
the home country. It offers advantages by migrants spending their money. While
migrants often send money home to their families, they also spend it on
healthcare, food and housing for example. Because of migrants the GNP in the
host country increases. This is because the government has to invest in
guaranteeing the migrants with their education and housing, but the migrants
will be paying more taxes than they are receiving money from the government
over time. This way, the economy of the host nations’ country will improve. The
way migrants benefit another country’s economy is known as ‘immigration
surplus’. Migrants tend to send money to their home country to support their
families. In 2018, these remittances to low- and middle-income countries have
increased with 11%, showing that migrants benefit both the host country as well
as the home country (Dehaen, 2017; Finablr company , 2019; Mohieldin & Ratha,
2019).
Now, you might be wondering how migrants can expand the labour market ,
because all you have been told is that they steal jobs from people who need
them more. This is a common misconception, because migrants and native-born
workers genereally do not compete for the same jobs. Migrants actually increase
the level in productivity by expanding the workforce. This is one of the main
triggers to achieve economic growth. Migrants are free to move around and take
jobs wherever they want and wherever the need is the greatest (Finablr company
, 2019).
This may sound a bit like a cliche, but the migrants have created a more
interconnected environment by sharing cultures, engage in worldwide trade and
they develop friendships with people from different backgrounds. The way this
environment is interconnected causes progress in cases like poverty, hunger and
gender inequality. A key ingredient to this dynamic is immigration. People cross
borders and participate in new countries, which allows progress resulting in a
more open and welcoming world (McCarthy, 2018).
