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f ir m s i n c r e a s e la b o u r d e
s in c e h i r i n g l a b o u r n o w c
i m m ig r a n t s b e t t e r o nf f a s t i nv ec es bt h e e t t y e r
n o w e n j o y b e t t e r e m p l o y m e n t p r o s
u n e m p ly m e n t f a l
h a v e a c c e s t o n e
d u e t o r e l a t i v e ly h
n a t i v e s n o w i n b e t
Does migration cost the tax payer?
Brain drain also may also harm developing countries that hope to
attract foreign investment
Country Rate of
immigration
Guyana 80.62%
Jamaica 69.34%
Gambia 58.51%
El Salvador 46.63%
Trinidad 43.70%
2. REMITTANCES
Remittance are not only growing quickly but are now worth twice
as much as Overseas Development Assistance and almost as much
as Foreign Direct Investment
Migrants are the clearest gainers from migration in terms of income but
individuals might face significant risks of exploitation and social
exclusion.
Difference in Difference in
total real total real
income($ income(%)
billion)
Natives in high income +139 +0.36
countries
Natives in developing +143 +0.86
countries
New migrants +162 199