Staff Background Paper for G20 Surveillance NoteInternational Migration: Recent Trends, Economic Impacts, and Policy Implications
Date of Publication
2015 12:00 AM
Security Theme
Migration
Keywords
Migration, migration, international migration, policy implications, cross-border migration, economic imoact
Description
International migration is a global phenomenon and has become a pressing economic issue, particularly in light of the ongoing refugee crisis in the Middle East and North Africa. Cross-border migration has risen steadily in recent years, with migrants now accounting for over 3 percent of the global population. More recently, intensifying conflicts in the Middle East and North Africa have resulted in a surge of refugees to levels not seen in decades. Migration pressures across borders will likely continue to increase both in the short-term given the large number of internally displaced people and over the coming decades, reflecting demographic forces, globalization, and environmental degradation. Hence, understanding evolving trends, underlying drivers, and the economic impact of migration is crucial for designing policies for both recipient and source countries.
Staff Background Paper for G20 Surveillance NoteInternational Migration: Recent Trends, Economic Impacts, and Policy Implications
International migration is a global phenomenon and has become a pressing economic issue, particularly in light of the ongoing refugee crisis in the Middle East and North Africa. Cross-border migration has risen steadily in recent years, with migrants now accounting for over 3 percent of the global population. More recently, intensifying conflicts in the Middle East and North Africa have resulted in a surge of refugees to levels not seen in decades. Migration pressures across borders will likely continue to increase both in the short-term given the large number of internally displaced people and over the coming decades, reflecting demographic forces, globalization, and environmental degradation. Hence, understanding evolving trends, underlying drivers, and the economic impact of migration is crucial for designing policies for both recipient and source countries.