Migration - Coursework Example

Reasons for Foreign Migration Neo ical economics always focus on differentials in wages and employment conditions between countries. In this group of economies, there exists a certain type of theories that try to elaborate on international migration. The argument behind the foreign migration is that neoclassical economics has greatly shaped the thinking and perceptions of the immigrant towards immigration policy (Massey et al 437). Since the international wages of workers is caused by differences in wage war rates between countries, the immigrants have no otherwise other than to go and work where there are considerable remunerations.
The elimination of wage differentials will bring the movement of labour and migration will not occur in the in the absence of such differentials. This problem only needs to be sorted out in each and every event. This theoretical view varies in different countries and governments must seek to understand different variables that will help in eliminating wage differences that cause migration.
International flows of human capital in the case of highly skilled workers who seek diversity and would wish to work in countries whose estimates are slowly rising. This is usually done with an intent of establishing various factors of migration that may be difficult than that of unskilled workers.
Labour markets are a special kind of markets where the primary mechanisms through the international flows of labour are induced (Massey et al 437). Other markets lack this special and accommodating feature. Lastly, a lasting solution to this foreign migration is for the Governments in charge to influence the labour markets by sending or receiving countries.
Dual Labour market theory - Although neoclassical human capital theory and the new economics of migration can direct one to a divergent conclusion about the origin and nature of international migration, both are essentially micro-level decision models. Causation is cumulative in the fact that each act of migration alters the social context in which subsequent migration decisions are made, typically in ways that make additional movement more likely.
Simons Principle
This principle was proposed by Herbert A. Simon, who posited that bounded rationality is an alternative basis for the mathematical modelling of decision-making, as used in economics, political science and other related disciplines. This principle complements rationality as optimization that views decision making as a fully rational process of finding an optimal choice given the information is availed at the right time (Massey et al 457).
Simon uses the analogy of a pair of scissors, where one blade represents cognitive limitations of actual humans and the other structures of the environment which he uses to explain the relationship of consumption of public goods and its contribution to tax revenue for the foreign-born population that he notes is usually high as compared to the native born (Massey et al 464).
Work Cited
Massey, Douglas S, Arango, Joaquin, Hugo, Graeme, Kouaouci, Ali, Pellegrino, Adela, Taylor, J. Edward, Theories of International Migration: A Review and Appraisal, Population and Development Review, Vol. 19, No. 3. 1993, pp. 431-466 Read More