Overview
The international economics of migration examines how the movement of people across borders influences economies. It highlights the benefits, such as economic growth and cultural exchange, as well as challenges like job competition and social tensions. Understanding these dynamics is crucial for pol...
Key Terms
Example: Many people migrate for better job opportunities.
Example: Remittances can significantly boost a country's economy.
Example: War and poverty are common push factors.
Example: Job opportunities and better living conditions are pull factors.
Example: Migration can increase the labor market supply.
Example: The EU promotes economic integration among member states.