XVI. Sustained and inclusive economic growth

International migration can contribute to promoting sustained and inclusive economic growth in both countries of origin and countries of destination. For instance, the remittances that migrants send home tend to benefit the households, communities and economies that receive them. However, remittances can also create dependencies that stifle growth and lead to cycles of emigration and economic stagnation or decline. To optimize the transformative impact of remittances for sustainable development and harness the contributions of migrants and diasporas, countries of origin should enact policies to enhance economic competitiveness, strengthen governance and social institutions, and facilitate migrant and diaspora investments and entrepreneurship. In countries of destination, the inflow of migrant labour and human capital can contribute to enhancing productivity and boosting the capacity for innovation, with positive impacts for economic growth. The fiscal contribution of migration is also important for host countries, particularly those with rapidly ageing populations.

Sustainable Development Goals:

No Poverty

Good Health and Well-Being

Quality Education