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自动生成的音频

Editorial Rating

8

Qualities

  • Analytical
  • Innovative
  • Background

Recommendation

With the right guidance, the current wave of immigration into the European Union could morph from a crisis into an opportunity. That’s according to International Monetary Fund economists in this timely look at the actual and potential economic impacts – both good and bad – of refugees on EU countries. Clearly, the immediate humanitarian disaster poses great challenges, but the ongoing assimilation of new workers and taxpayers into an aging Europe could beget decidedly positive outcomes for both natives and migrants. getAbstract recommends this thought-provoking analysis to executives, economists and policy makers.

Take-Aways

  • Refugees from Syria, Iraq, Afghanistan, Pakistan, the Balkans and beyond are flocking to the European Union in record numbers.
  • As a percentage of GDP, the cost of accommodating refugees will average 0.22% across Europe in 2016, compared to 0.14% in 2015, with Austria, Sweden, Germany and Finland shouldering the greatest financial increases in 2016.
  • However, the increased spending will lift demand in the short term, improving regional GDP in 2016 and 2017 by 0.09% and 0.13%, respectively.

About the Authors

Shekhar Aiyar et al. are affiliated with the International Monetary Fund.


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