GM: 1.b Promote Growth, Stability, Development Flashcards

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1
Q

Stability

A
  • remittances are a source of foreign exchange (contribute to the economic stability of recipient country)
  • returning migrants have new ideas and values to contribute to peacebuilding
  • balance age structure and population growth
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2
Q

Development

A
  • skills and knowledge gained can benefit countries of origin
  • migrants create networks (diaspora)
  • increased flow of skills, values and ideas
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3
Q

Growth

A
  • GDP and tax base can be boosted
  • stimulate local economies in host country
  • fill skill gaps
  • supplement household income and provide funds for local investment
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4
Q

Diaspora

A
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5
Q

Migration and Development

A
  • migration can contribute significantly to development
  • inequalities in development can cause migration
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6
Q

Migrant remittances

A
  • measuring international migration linked to development
  • improved financial framework
  • provide official and accurate figures
  • greatest impact on LIDCs and EDs GDP compared to ACs
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7
Q

HDI

A
  • human development index
  • measures development
  • includes life expectancy, education, GDP per capita
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