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A Long Commute
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A Long Commute

Immigrants Do More Good than Harm When They Enter a Country’s Job Market

IMF, 2015 Mehr

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Editorial Rating

8

Qualities

  • Analytical
  • Eye Opening
  • Overview

Recommendation

In the United States and many other countries, immigration is a hot topic. Despite media reports that highlight massive waves of migration around the world, the share of immigrants in the global population has remained steady at 3% since 1960, according to economist Çağlar Özden in this instructive, myth-busting report. The public perception of immigrants as job stealers who depress wages is also faulty. Özden’s evenhanded article presents the rarely discussed benefits of immigration to an economy. getAbstract recommends this text to executives and policy makers.

Take-Aways

  • Despite globalization, labor markets remain stubbornly fragmented, resulting in significant wage gaps around the world.
  • While many people believe that migrants deprive natives of jobs, studies show that the wage effect of immigration is minor but positive, though immigration can negatively affect less-educated native workers’ employment.
  • Technology, offshoring, demographic shifts and other factors play a greater role in labor markets than immigration does.

About the Author

Çağlar Özden is a lead economist at the World Bank’s Development Research Group.


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