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Immigration: Impacts of the united stated and Maxican Economies - Essay Example

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Name Instructor Course Date Immigration: Impacts on the United States and Mexican Economies Abstract Immigration between United States and Mexico has serious economic implications. Happening either legally or illegally, it is mainly driven by poor economic conditions in Mexico…
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Download file to see previous pages Recent developments however indicate that improving economic conditions in Mexico is resulting in reduced immigration into the United States. It is yet to be seen whether organizations that have benefited from cheap labor in the past will crumble due to reduced influx of immigrant workers into the United States. More research also needs to be done to find out whether this reduced immigration is only for a short term and the possible long term implications. INTRODUCTION Immigration and its effects on the economies of the countries involved is an issue of major concern. It can either happen legally or illegally, with both cases usually being caused by financial hardships in the home country. These immigrants find opportunities in their new countries and proceed to send money back home to their families thus affecting the economy of the host country. There exists a complex interrelationship between the economies of the two governments and immigration especially as demonstrated by the issue of immigration between the USA and Mexico. A weak Mexican economy drives immigration which then causes serious economic implications on the USA. Both legal and illegal immigration from Mexico into the USA avails cheaper labor to companies while a lot of money is at the same time repatriated to Mexico. The difference between the economies of Mexico and USA is the most important factor in the issue of immigration of Mexicans into the USA where their presence then causes various economic implications. Recent developments in the Mexican economy and how they have affected immigration are studied herein alongside the impact of this immigration on the US economy. The Statistics: Mexico is the single-most largest source of both legal and illegal immigrants to the US1. It is the source of about six out of every ten illegal immigrants2. According to PEW Hispanic Center, 12.7 million Mexican immigrants lived in the United States as of 2008, nearly 17 times the 1970 figures. It accounts for nearly 32% of the total immigrants with the second group, the Filipinos coming at a distant 5%. Of these 12.7 million, a whole 55% are illegal immigrants converting to 59% of all the illegal immigrants in the United States. From a Mexican perspective, approximately 11% of individuals born in the country are now living in the United States as compared to only 1.4% in the 1970s. In the 1960s, Mexico was the seventh largest source of immigrants to the United States, but has overtaken the other countries and has twice as many immigrants as the second placed country in 1980. They are much younger than the other immigrants on average with the majority being males, pointing a connection to economic conditions. They are also more likely to be less educated, have lower incomes and higher poverty rates than other groups3. Recent developments however indicate that less and less immigrants have been arriving from Mexico probably due to improving financial fortunes in their home country4. Census figures in Mexico have shown 4 million more individuals than projected while figures from the United States also indicate that fewer immigrants are crossing the border as compared to previous years. However this does not mean that Mexicans are no longer crossing the border; more statistics from the United States show that immigrants who had become American citizens have legally helped 64% of their ...Download file to see next pages Read More
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