Media Coverage Oct 2018
Losing it: The economics and politics of migration
Anti-migration sentiment has been rising across Europe. This Vox column by Professor Ian Goldin, Professor of Globalisation and Development, University of Oxford, and Benjamin Nabarro, Senior Associate, Citi Research, shows that the economic impact of migration is positive, but depends almost entirely on the policies implemented to ensure that migrants can be productive and the extent to which the positive economic consequences of migration are distributed across individuals. Unless the rhetoric of a perceived cultural and economic threat posed by migrants is countered effectively, economies stand to lose out substantially from the implementation of anti-immigration policies.
The article draws on research from the recent Oxford Martin School-Citi GPS report, Migration and the Economy: Economic Realities, Social Impacts and Political Choices.