As the global economic crisis ripples across the financial, political and social landscape, it is leaving its mark on international migration. The recession, hailed as the worst since the Great Depression, is impacting the scope and pace of international migration and its effects could deepen should the world economy worsen.
Governments, businesses and individuals have all felt the damaging consequences of the global downturn, which has shaken confidence in established institutions. The crisis is driving some policymakers and analysts in Europe and North America to re-think their assumptions about labor migration. Yet while policymakers face exceptionally strong popular and political outcry to protect jobs at home, they face mid-term demographic challenges. These two opposing policy pressures require responses that will not only help ease the current economic crisis, but will also secure the long-term prosperity of these regions.
This book reflects the effort of the Transatlantic Council on Migration to map how profound demographic change is likely to affect the size and character of global migration flows; and how governments can shape immigration policy in a world increasingly attuned to the hunt for talent. This volume is the second major product of the Council.
The Council was launched in 2008 as a new initiative of the Migration Policy Institute (MPI) in Washington, DC. The Bertelsmann Stiftung and the European Policy Centre are the Council’s policy partners.