Economics of Immigration Immigration forms part of one of the essential components of today’s world. The definition of immigration varies from country to country. For some countries, immigration also includes those people who do not have the nationality of that particular country (OECD, pp.28)…
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However, the economic impact largely depends upon the skills of those immigrated (House of Lords, pp. 5). A question however arises. Why is there a large need for immigration? In many poor countries, the population grows at a faster pace than the creation of employment opportunities. The political instability, economic and social problems all propel certain people to immigrate, either legally or illegally, to developed countries. Mexico is one such country that has shown a large increase in immigration to countries such as the United Sates. Many of the Mexican workers in the United States have immigrated illegally, without any inspection or a Visa (Yoshida, pp. 2). The major relationship of migration occurs between the United States and Mexico. Around 9 million people, born in Mexico have now migrated to United States. This migration has largely created economic changes in Mexico and United States. Two major factors have resulted in the blooming of this relationship. The first is because of increased economic growth. Secondly, because of high inequality in Mexico and between Mexico and United States, the immigration has increased (Bush, McLarty, Alden, pp. 39). Immigration is largely because of economic factors and it further has economic impacts. The paper shall attempt to discuss the economic reasons of immigration into the United States from Mexico, what economic effects it has had on the U.S and Mexican economy. It also covers America’s policy, regarding immigration. As mentioned above, economic factors play a major role in an increase in immigration in the United States from Mexico. After the Second World War, there was a baby boom in both the United States and Mexico, but eventually in 1960, it reduced in US but continued to grow in Mexico. The Mexican economy did not create as many jobs as it should have for the working population; therefore, it resulted in immigration into the United States. Economists have concluded that around one third of immigration from US to Mexico in the past decades has occurred because of an increase in birth rates. (Bush, McLarty, Alden, pp.39). However, the baby boom does not remain the only economic factor, explaining immigration. The second largest reason for immigration into the United States is due to the weak Mexican economy. For the past decades, the Mexican economy has not created enough jobs; the minimum wage remains too low. Even though the Mexican economy grew in 1960s and 1970s, the 1982 debt crisis rocked the economy largely, resulting in emigration from Mexico in search for higher paid jobs. The trend towards higher immigration into the United States from Mexico has largely been followed by recessions or slumps in the Mexican economy (Bush, McLarty, Alden, pp.39). In fact, the economic factors play such an important role in the process of immigration in United States from Mexico that the major source of revenue in Mexico comes from remittances sent by Mexicans working in the United States (Drachman & Paulino, pp. 124). Although immigration to another country may occur because of political instability and religious reasons, in the case of Mexico, this immigration has largely occurred because of economic problems. Mexicans have gained economically because of this immigration into the United States. It increases the wage per hour of an average Mexican worker; therefore, increasing the standard of living. Moreover, the United States
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(“Economics of Immigration Essay Example | Topics and Well Written Essays - 1500 words”, n.d.)
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(Economics of Immigration Essay Example | Topics and Well Written Essays - 1500 Words)
“Economics of Immigration Essay Example | Topics and Well Written Essays - 1500 Words”, n.d. https://studentshare.org/macro-microeconomics/1429347-economics-of-immigration.
Immigration is a prominent issue in many parts of the world nowadays. Around 3% of the world’s population lives outside their country of birth. Immigration is an economic phenomenon which is part of a process referred to as globalization.
The widespread differences between the education and level of wealth between the immigrants and the native population therefore created strong political conflicts within such economies. The current economic downturn in developed economies like US and UK has also raised the question of whether immigrants are taking over the jobs of others or not and whether more indigenous economic resources are being diverted for the benefit of immigrants.
This presents an accumulated population of intermittent immigrations within a definite period. It is apparent that multifaceted factors including the social-economic and political attributes have enhanced such immigration processes. However, critical examinations of the immigrations indicate that political factors were major contributory factors to the process.
The end of the twentieth century found immigrants coming to the United States in great numbers comparable only with the large influx of immigrants in the beginning of the same century. John Isbister observes that the majority of the earlier immigrants were white Europeans, while most contemporary immigrants are Latin American, Asian or other non-white.
Immigration has a lot of impact on the host countries economic progress. There is a public and political concern in Canada with regard to the impact of immigration to the country state of economy in light of GDP per capita. Economist has however studied the impact of immigration on host countries and how the economy of a country is influencing the influx of immigrants in to the host country.
In order to obtain a clear view of the immigration influences on economic development, it is necessary to have a look at the factors causing economic growth, such as skilled and qualified workforce, age of the population and technology, that extremely affects growth rate because this element assists companies to minimize their costs.
Illegal immigrants are separated into disparate areas and hard to be distinguished. The government has tried various ways to prevent illegal immigration, including reinforcing border lines and administrating the existing illegal immigrants.