Sustaining and growing the global economy is a challenge in itself, but current world events make it that much harder. The amount of mass migration that is happening around the world is unparalleled, and the impact of it is still unknown. People in support of aiding immigrants believe that immigration will help the global economy. Migrants are moving from areas where are they not able to contribute to society, to areas where they are able to attain a job and buy products and services. After migrating, they are also able to continue their education and pay taxes, which all contribute to the economy. On the other hand, most conservatives are against immigration and allowing migrants to enter other countries where they are hoping to relocate. They are saying that there is no positive impact of immigration, and it will only hurt the economy. Specifically, the World Bank is sending the message to allow immigrants to enter countries with aging populations, in hopes that they will fill the voids in the work force. Some reports believe supporting mass migration can help end poverty worldwide and everybody’s standard of living will approve overall. Developed countries are taking varied approaches to immigration, and the future will tell the impact of those decisions on their economies.
Source: Martin, W. (2015, October 08). The World Bank is betting on mass migration driving the global economy. Retrieved July 15, 2017, from http://www.businessinsider.com/world-bank-report-on-the-economic-impact-of-immigration-2015-10