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Why Do People Migrate? Part 1: Facts
Liz Braun
14 Mar 2016, 03:52 PM
Chapters 3 › For good or ill. The economic impact of refugees:
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This article from The Economist puts the finger on the painful question of the "economic cost" of hosting refugees.
Read the article and comment on the European experiences in this respect in your journal.
You can also comment on what others have done in their own journals!
Uncertainty
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There are newspapers who quote so called experts on what might happen to wages, jobs, etc. but no one really knows. The current migration in new to Europe and I don't think the past is a reliable indicator of what impact will occur. The only item I found hopeful is the fact that current migrants are generally young and if they are employed they have a longer work life and could help with the pensioners drain on GDP. Not mentioned but equally important is the fact that once these young people get settled they may be eligible to relocate their families and this will add an additional burden to their host country's economy.
