Economic Impact of Migration Flashcards
USA and Spain
Seasonal Workers from Mexico and North Africa help in fruit and vegetable harvesting.
Australia
Uses the global talent visa to attract IT and AI experts.
USA (Silicon Valley)
Tech companies like Google and Microsoft hire skilled engineers from India and China via H-1B visas.
Saudi Arabia
Rely heavily on migrant labour from South Asia for construction megaprojects.
Winners from open borders
Migrants gain from higher earnings.
Wages rise in the source areas as working population decreases.
Losers from open borders
Non-Migrants in rich regions lose wages due to an increased availability of labour and their openness to a lower wage.
Businesses in poor regions see brain drain effect