International Migration

With the number of international migrants more than doubling since 1965, immigration has become a major issue for the modern world. In particular; immigration has become a vital tool to be used in order to overcome problems within the labour market.

Given that the overall global demographic situation is trending towards shrinking and aging populations in the developed world and expanding populations in the developing world, international migration is important in order to offset the imbalances these trends will cause within the global labour market.

The World Bank has conducted a study to identify strategies which can potentially provide ‘win-win-win’ situations for; developing countries, developed countries and migrants where all three have the opportunity to benefit from increased international labour mobility, cross border skill transfers and remittances.

They have also identified ways in which strategically managed migration can be successfully used as a social risk management tool, reducing risks such as those connected with illegal immigration and human trafficking.

The focus of the World Bank’s future work will be on the issues of how developed countries can implement immigration policies in ways that will combat the predicted labour and skill shortages of the future whilst, at the same time, benefiting the developing world.

I think it is vital that research such as this is carried out as immigration can represent a major social problem if it is not regulated and managed successfully. However, it also has the potential to represent a huge opportunity to better the global economic and labour situation if we are able to develop a realistic, well implemented worldwide strategy.

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4 thoughts on “International Migration

  1. Nowadays migration is a very bis issue which needs to be regulated by the responsible governments. As you say in your article migration can help to fill the gap of labour market imbalances. Loosen up migration policies can bring advantages for countries like bring more educated workers in the labour market or increase the cultural diversity of the country. They can help to stabilise the retire and social system with their contributions. But on the other hand it can also cause disadvantages like for instance intregration problems in society orlanguage barriers, which makes it difficult for the migrants to build up a new life somewhere else.

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  2. Your article is really interesting as immigration plays a huge role nowadays. On the one side it is good that the World Bank conducted studies like this one. But I have to admit that I do not really trust in these studies; the problem is that many european countries need labor force, but not the one that is entering right now in the countries.
    For example in Germany there is a huge demand for engineers, but the immigrants who are entering in the country are mainly offering their handicraft and this at lower wages than Germans.
    This brings us to problems like higher unemployment amongst the population of the country, discrimination and even racism.

    We could think about offering a better education system for immigrants, they should not only have the possibility to get to know the languages, but to specialize in an area where they want to work. Actually in many european countries the costs for university or other forms of higher education are too high, so immigrants do not have the possibility to develop them further.

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  3. International migration can be very beneficial for the host country. Developed countries are faced to important problems such as aging, lack of labour force etc.. as a consequence this migration can solve these problems. However, this truth should not be forgotten in a period of crisis when migration is seen like the origin of all problems.

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