Title idea for a Policy Brief about influence of migration on the economy?

Expert Solution

Migration is internal and external migration in two ways. Both kinds have their own impact on the economy. As follows, internal migration or external migration within a country may affect the economy.

● POSITIVES OF INTERNAL MIGRATIONS :
1. Growth centres rely on migrant workers.

2. The consumption of the host economy increases.

NEGATIVES OF INTERNAL MIGRATIONS:

1. Unequal development within a country such as the division of India bharat

2. Loss of human capital to indigenous locations Outside migration.

● EXTERNAL MIGRATIONS:

POSITIVIES:

1. Host country receives elevated remittances e.g; In 2018, India got USD 79 billion in Labor for the host country

2.cheap labour for host country.

3.An improvement in production.

NEGATIVES:
1. The host country's brain drain contributes to economic loss.

2.less wages contribute to a detrimental effect on market competition.

Therefore, we can say that one economy has mixed effects on migration, but it is necessary in this mutually interdependent globalised world migration ... so we have to work on reducing the negative effects of migration on the economy.

Rahul Sunny answered 1 year ago

Policy recommendations : migration's influence on the economy.

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