GM: 1.b Promote Growth, Stability, Development Flashcards
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
2
Q
Development
A
- skills and knowledge gained can benefit countries of origin
- migrants create networks (diaspora)
- increased flow of skills, values and ideas
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
4
Q
Diaspora
A
5
Q
Migration and Development
A
- migration can contribute significantly to development
- inequalities in development can cause migration
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
7
Q
HDI
A
- human development index
- measures development
- includes life expectancy, education, GDP per capita