Migration and Jobs : Issues for the 21st Century
With an estimated 724 million extreme poor people living in developing countries, and the world’s demographics bifurcating into an older north and a younger south, there are substantial economic incentives and benefits for people to migrate. There...
| Main Authors: | , , |
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| Format: | Working Paper |
| Language: | English |
| Published: |
World Bank, Washington, DC
2019
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/655651559662594130/Migration-and-Jobs-issues-for-the-21st-century http://hdl.handle.net/10986/31807 |
| Summary: | With an estimated 724 million extreme
poor people living in developing countries, and the world’s
demographics bifurcating into an older north and a younger
south, there are substantial economic incentives and
benefits for people to migrate. There are also important
market and regulatory failures that constrain mobility and
reduce the net benefits of migration. This paper reviews the
recent literature and proposes a conceptual framework to
better integrate and coordinate policies for addressing the
different market and regulatory failures. The paper advances
five types of interventions in need of particular attention
in terms of design, implementation and evaluation; namely,
1) active labor market programs that serve local, regional
and foreign markets; 2) remittances and investment subsidies
to promote job creation and labor productivity growth; 3)
social insurance programs that cover all jobs and facilitate
labor mobility; 4) labor taxes to internalize the social
costs of migration in receiving regions; and 5) more
flexible, private sector driven schemes to regulate the flow
of migrants and minimize irregular migration. |
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