Summary of Impact of Migration on Income Levels in Advanced Economies

Looking for the report?
We have the summary! Get the key insights in just 5 minutes.

Impact of Migration on Income Levels in Advanced Economies summary
Start getting smarter:
or see our plans

Rating

8 Overall

9 Importance

7 Innovation

7 Style


Recommendation

Immigration was unquestionably one of the driving forces that propelled UK voters to embrace Brexit and US voters to elect Donald Trump as president. The visceral reaction to immigration obscures its powerful economic effects on advanced economies, where the push-pull dynamic between assimilating new migrants into the culture while augmenting the workforce is a fundamental tension. Economists Florence Jaumotte, Ksenia Koloskova and Sweta C. Saxena dissect the immigration question and detail its positive ramifications. getAbstract recommends this important study on the complexities of immigration to policy officials and business leaders.

In this summary, you will learn

  • Why immigration is vital to an economy’s well-being,
  • How productivity gains lead to higher per capita GDP and
  • What policies are necessary for nations to achieve successful immigration outcomes.
 

About the Authors

Florence Jaumotte and Sweta C. Saxena are senior economists at the International Monetary Fund, where Ksenia Koloskova is an economist.

 

Summary

The debate over immigration continues to dominate the political and economic landscapes in advanced economies. Policy officials must navigate the complex costs and benefits of immigrant assimilation. Ultimately, decision makers must balance the political and social ramifications of immigration with ...

More on this topic

By the same authors

Booms, Crises, and Recoveries
Booms, Crises, and Recoveries
8
Gone with the Headwinds
Gone with the Headwinds
8

Customers who read this summary also read

World Economic Outlook October 2016
World Economic Outlook October 2016
8
It’s Time to Restate the Business Case for Migration
It’s Time to Restate the Business Case for Migration
8
Is Global Equality the Enemy of National Equality?
Is Global Equality the Enemy of National Equality?
8
Grave New World
Grave New World
8
The Global Risks Report 2017
The Global Risks Report 2017
8
An Assessment of the Economic Impact of Brexit on the EU27
An Assessment of the Economic Impact of Brexit on the EU27
8

Related Channels

Comment on this summary