How Global Migration Can Promote Stability, Grow And Development Flashcards
What are global migrations related to
Flows of money, ideas and tech which are significant inpromoting stability, growth and development
Monetary transfers
Billions of dollars sent worldwide as remittances
Flows of money have been made more easy, efficient and secure by use of tech like smartphones
Diffusion of ideas and example
Global migration leads to the geographical diffusion of ideas, info. and values which can be transmitted back to the place of origin.
Includes ideas about marriage and education. This is known as social remittances
How do migrant remittanves promote stability?
They are a source of foreign exchange which can contribute to the economic stability of the recipient country
How do returning migrants contribute to stability?
Having acquired new ideas and values like democracy and equality can contribute to peacebuilding and conflict resolution.
How do working age migrants contribute to stability?
If there is an ageing pop. youthful migrant working pops. contribute to a more balanced age structure and pop. growth
How do migrants contribute to the GDP and tax base?
Working age migrants boost both
How do migrants bring about economic growth by acting as consumers?
They stimulate local economies in a host country by opening up new markets in demand for clothing, music etc.
How do migrants bring about economic growth through the labour market?
They fill gaps in it and sometimes open new markets
How do migrants help the country of origin?
The skills and knowledge acquired can benefit the country of origin
How do migrants promote development through networks?
They create networks which ease the flow of skills, financial resources, values and ideas through links to diaspora (e.g. social/religious networks)
