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Global Migration Revisited: Short-Term Pains, Long-Term Gains, and the Potential of South-South Migration

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dc.contributor.authorAhmed, S. Amer
dc.contributor.authorGo, Delfin S.
dc.contributor.authorWillenbockel, Dirk
dc.date.accessioned2016-05-04T15:06:41Z
dc.date.available2016-05-04T15:06:41Z
dc.date.issued2016-04
dc.description.abstractThis paper re-examines the development implications of international migration focusing on two issues: how the costs and benefits of migration change over time, and the significance of South-South migration for development. First, the analysis finds that although greater migration could push down the wages of native workers of advanced countries in the short run, these wages eventually recover. This pattern would be mostly caused by the beneficial effect of additional labor on the real returns on capital and fostering faster capital formation. Additional South-North migration could favor capital income recipients and reduces labor income in host regions in the short run. In contrast, in sending countries, capital owners could experience lower incomes while wages rise. Globally, the welfare gains of new migrants could be expected to exceed the losses of old migrants by a wide margin. The remaining natives in sending countries could enjoy a net increase in remittances as well as an increase in labor income, although income from capital might decline. Second, in a hypothetical scenario with lower South-South migration, the implied losses of remittance income could lead to substantially lower welfare in developing countries. Although the wage differentials among developing countries tend to be smaller relative to their wage differentials with high-income countries, South-South migrants make substantial contributions to remittances.en
dc.identifierhttp://documents.worldbank.org/curated/en/2016/04/26208170/global-migration-revisited-short-term-pains-long-term-gains-potential-south-south-migration
dc.identifier.doi10.1596/1813-9450-7628
dc.identifier.urihttps://hdl.handle.net/10986/24200
dc.languageEnglish
dc.language.isoen_US
dc.publisherWorld Bank, Washington, DC
dc.relation.ispartofseriesPolicy Research Working Paper;No. 7628
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectEMPLOYMENT
dc.subjectINDUSTRIAL RELATIONS
dc.subjectFUTURE GROWTH
dc.subjectWORKFORCE
dc.subjectPOPULATION DECLINE
dc.subjectECONOMIC GROWTH
dc.subjectBRAIN DRAIN
dc.subjectACCOUNTING
dc.subjectIMPERFECT SUBSTITUTES
dc.subjectWORKING-AGE POPULATION
dc.subjectPRODUCTION
dc.subjectSKILLED WORKERS
dc.subjectSTOCK
dc.subjectINCOME
dc.subjectREMITTANCE
dc.subjectREAL GDP
dc.subjectPOPULATION FACTS
dc.subjectGDP PER CAPITA
dc.subjectRESOURCE ALLOCATION
dc.subjectLABOR FORCE
dc.subjectDEVELOPING COUNTRIES
dc.subjectELASTICITY
dc.subjectMONITORING
dc.subjectPUBLIC SERVICES
dc.subjectIMMIGRANTS
dc.subjectPOLITICAL ECONOMY
dc.subjectWELFARE
dc.subjectECONOMIC IMPLICATIONS
dc.subjectRETURN MIGRATION
dc.subjectEFFECTS
dc.subjectWAGE INCREASES
dc.subjectINCENTIVES
dc.subjectEQUILIBRIUM
dc.subjectPOLICY DISCUSSIONS
dc.subjectMARGINAL PRODUCTIVITY
dc.subjectREAL INCOME
dc.subjectINPUTS
dc.subjectDEVELOPMENT GOALS
dc.subjectREAL WAGES
dc.subjectSKILLED MIGRANTS
dc.subjectPAYMENTS
dc.subjectECONOMIC ANALYSIS
dc.subjectTRENDS
dc.subjectKNOWLEDGE
dc.subjectNATIVE WORKERS
dc.subjectBENEFITS OF MIGRATION
dc.subjectDEVELOPMENT
dc.subjectINTERNATIONAL MIGRATION
dc.subjectINFLUENCE
dc.subjectLABOR EFFICIENCY
dc.subjectDEVELOPMENT ECONOMICS
dc.subjectMIGRANT LABOR
dc.subjectLOW-INCOME COUNTRIES
dc.subjectHOST COUNTRIES
dc.subjectCONSEQUENCES OF MIGRATION
dc.subjectAGE POPULATIONS
dc.subjectPRODUCTIVITY
dc.subjectLABOR PRODUCTIVITY
dc.subjectEXTERNALITIES
dc.subjectMIGRATION
dc.subjectTRANSFERS
dc.subjectMARKETS
dc.subjectHOUSEHOLD INCOME
dc.subjectORGANIZATIONS
dc.subjectPOTENTIAL OUTPUT
dc.subjectLABOR
dc.subjectELASTICITY OF SUBSTITUTION
dc.subjectINTERNATIONAL MOVEMENTS
dc.subjectMIGRANTS
dc.subjectWORKING- AGE POPULATIONS
dc.subjectGLOBAL DEVELOPMENT
dc.subjectEFFICIENCY
dc.subjectWORKING-AGE POPULATIONS
dc.subjectPROGRESS
dc.subjectMIGRATION FLOWS
dc.subjectUNEMPLOYMENT
dc.subjectGENERAL EQUILIBRIUM
dc.subjectHUMAN CAPITAL
dc.subjectMIGRANT
dc.subjectVALUE ADDED
dc.subjectECONOMIC COSTS
dc.subjectECONOMIC PERFORMANCE
dc.subjectCAPITAL
dc.subjectWAGES
dc.subjectPOLICIES
dc.subjectECONOMIC PROJECTIONS
dc.subjectLABOR DEMAND
dc.subjectPOLICY RESEARCH WORKING PAPER
dc.subjectVALUE
dc.subjectWAGE RATES
dc.subjectSKILL LEVEL
dc.subjectPURCHASING POWER
dc.subjectDEMOGRAPHIC CHANGE
dc.subjectDEMAND
dc.subjectINTERNATIONAL MIGRANT
dc.subjectAGRICULTURE
dc.subjectMIGRANT WORKERS
dc.subjectPOPULATIONS
dc.subjectLABOR MOBILITY
dc.subjectMIGRANT-SENDING COUNTRIES
dc.subjectBENCHMARK
dc.subjectTRADE LIBERALIZATION
dc.subjectECONOMICS
dc.subjectPOLICY
dc.subjectSKILLED LABOR
dc.subjectINTERNATIONAL MIGRANTS
dc.subjectMIGRATION POLICIES
dc.subjectSOCIAL AFFAIRS
dc.subjectTRADE
dc.subjectREGIONAL AGGREGATION
dc.subjectECONOMIC INTEGRATION
dc.subjectGDP
dc.subjectGOODS
dc.subjectTHEORY
dc.subjectSECURITY
dc.subjectBILATERAL TRADE
dc.subjectINVESTMENT
dc.subjectNATURAL RESOURCE
dc.subjectWORLD POPULATION
dc.subjectHOST COUNTRY
dc.subjectIMMIGRATION
dc.subjectSUPPLY
dc.subjectWAGE DIFFERENTIALS
dc.subjectPOPULATION
dc.subjectLABOR SUPPLY
dc.subjectPURCHASING POWER PARITY
dc.subjectMIGRANT POPULATIONS
dc.subjectPOLICY RESEARCH
dc.subjectUNSKILLED WORKERS
dc.subjectNATIONAL ORIGIN
dc.subjectBENCHMARK DATA
dc.subjectAVERAGE PRODUCTIVITY
dc.subjectCOUNTRY OF ORIGIN
dc.subjectLABOUR
dc.subjectREMITTANCES
dc.subjectCONSUMPTION LEVELS
dc.subjectLABOR MARKETS
dc.subjectLABOR FORCES
dc.subjectUNSKILLED LABOR
dc.subjectPRICES
dc.subjectGROWTH PROJECTIONS
dc.subjectLABOR MIGRATION
dc.subjectHUMAN DEVELOPMENT
dc.subjectDEVELOPMENT POLICY
dc.titleGlobal Migration Revisiteden
dc.title.subtitleShort-Term Pains, Long-Term Gains, and the Potential of South-South Migrationen
dc.typeWorking Paperen
dc.typeDocument de travailfr
dc.typeDocumento de trabajoes
dspace.entity.typePublication
okr.crossref.titleGlobal Migration Revisited: Short-Term Pains, Long-Term Gains, and the Potential of South-South Migration
okr.date.disclosure2016-04-11
okr.doctypePublications & Research
okr.doctypePublications & Research::Policy Research Working Paper
okr.docurlhttp://documents.worldbank.org/curated/en/2016/04/26208170/global-migration-revisited-short-term-pains-long-term-gains-potential-south-south-migration
okr.guid672181468185348016
okr.identifier.doi10.1596/1813-9450-7628
okr.identifier.externaldocumentum090224b084280dcd_1_0
okr.identifier.internaldocumentum26208170
okr.identifier.reportWPS7628
okr.importedtrue
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2016/04/11/090224b084280dcd/1_0/Rendered/PDF/Global0migrati0outh0south0migration.pdfen
okr.topicFinance and Financial Sector Development::Remittances
okr.topicSocial Protections and Labor::Labor Policies
okr.topicCommunities and Human Settlements::Human Migrations & Resettlements
okr.unitDevelopment Prospects Group, Development Economics
relation.isAuthorOfPublication165325f4-d27a-5241-80a4-eb5495c41c24
relation.isAuthorOfPublication.latestForDiscovery165325f4-d27a-5241-80a4-eb5495c41c24
relation.isSeriesOfPublication26e071dc-b0bf-409c-b982-df2970295c87
relation.isSeriesOfPublication.latestForDiscovery26e071dc-b0bf-409c-b982-df2970295c87
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