Post by arfanho7 on Feb 27, 2024 10:10:34 GMT
Poorer nations benefit from outward migration most often because their birth rates are much higher than an economy can sustain in part because children are perceived to represent the best insurance against old age poverty even though at a macro level they lead to an economy with more consumption than income no resulting capital for investment and so much risk aversion that little innovation and improvement in productivity and growth occurs. Artificial capital infusions say from the IMF may.
Actually backfire because they eventually lead to longer life expectancy further population growth greater consumption of output produced by the investment and a return to the previous condition of poverty. Economist John Kenneth Galbraith called this “the equilibrium of poverty.” As a side note one problem with Galbraith’s argument is that “labor exports” often Hungary Phone Number involve people with the best education and skills producing a brain drain. The result could well be greater inequality among the world’s economies. a “human transfusion” for its economy. In recent decades it has had plenty of practice with good and bad experiences in integrating other peoples into its society.
Instead of building physical or psychological “fences” and arguing about quotas designed to limit migration it has spent its money developing methods for receiving documenting and legalizing large numbers of immigrants. Just as important it is implementing various ways of training immigrants to get them into the work force as soon as possible. As a result it knows who its immigrants are. Is Germany’s response to immigration a model for the US What do you think To Read More John Kenneth Galbraith The Nature of Mass Poverty Cambridge MA Harvard University Press especially pp.
Actually backfire because they eventually lead to longer life expectancy further population growth greater consumption of output produced by the investment and a return to the previous condition of poverty. Economist John Kenneth Galbraith called this “the equilibrium of poverty.” As a side note one problem with Galbraith’s argument is that “labor exports” often Hungary Phone Number involve people with the best education and skills producing a brain drain. The result could well be greater inequality among the world’s economies. a “human transfusion” for its economy. In recent decades it has had plenty of practice with good and bad experiences in integrating other peoples into its society.
Instead of building physical or psychological “fences” and arguing about quotas designed to limit migration it has spent its money developing methods for receiving documenting and legalizing large numbers of immigrants. Just as important it is implementing various ways of training immigrants to get them into the work force as soon as possible. As a result it knows who its immigrants are. Is Germany’s response to immigration a model for the US What do you think To Read More John Kenneth Galbraith The Nature of Mass Poverty Cambridge MA Harvard University Press especially pp.