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World Migration Report 2005

Costs and Benefits of International Migration

image of World Migration Report 2005

Where are people migrating today and why? What are the implications for the world’s developing and industrialized economies? And what are the key issues facing policy makers in migrant origin, destination, and transit countries? World Migration 2005 analyses the effects of globalization, trade liberalization, economic integration and the widening gap between rich and poor nations on migration flows. It looks at the impact of the world’s 185 million migrants and their potential contribution to socioeconomic development and cultural enrichment both at home and abroad. And it identifies the multidimensional migration management policies needed by governments to create the optimal return to both migrants and society, while minimizing the abuses associated with irregular migration.

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Balancing the benefits and costs of skilled migration in the Asia-Pacific region

Human capital is increasingly the most important form of wealth for many countries and regions, with those richest in intellectual resources tending to achieve the highest rates of economic growth and most rapid development of their science and technology sectors. Such resources not only produce wealth, they are vital in dealing with many social and environmental aspects of modern living. Yet in many developed countries, a combination of factors – high demand in certain sectors, lack of adequate training facilities, people making different career choices – has led to major skilled labour shortages. Hence the need for policies that encourage the immigration of skilled labour and draw on ready-trained science and technology personnel, often from developing countries, to meet these shortages. Such policies, however, have mixed consequences for the countries of origin.

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