5 Reasons We Need Migrants

The Wall Street Journal reported an interesting list recently, “Five Reasons to Embrace Migrants” and we wanted to re-share that list here, in a nutshell the gentleman who wrote the piece, Ian Goldin, derives from his forthcoming book, “Exceptional People: How Migration Shaped Our World and Will Define Our Future”.

1. Migrants are good for economies because they “promote innovation, connect markets, fill labor gaps, reduce poverty and enrich social diversity.”

2. But what about the downside? The benefits are generally greater than the costs in the macro, but not necessarily in the micro.

3. What are the economic benefits? Well, “even modest increases in the levels of migration would produce significant gains for the global economy. Developing countries would benefit the most.”

4. Migration does not lead to job losses. It may in some sectors, but overall, migration pushes and sustains economic growth.

5. We’re going to need migrants more than ever before.  The U.S. is getting older, and there’s not a big enough native workforce to sustain the current economy.

Read the rest of the list here, what do you think? Do you agree, or not?

Follow Sara Inés Calderón on Twitter @SaraChicaD

[Photo By noborder network]

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