Quote:
Originally Posted by Scucca  Coyle (2005, The Economic Case for Immigration, Economic Affairs, Vol 25, pp 53-55) wrote:
Immigration into the UK has increased in response to high labour demand in the recent past. This additional supply of labour has helped keep interest rates lower, and growth higher, than they might have been otherwise. The longer-term impact of higher immigration may be an increase in trend productivity growth. Although the evidence on such long-term economic effects is incomplete, there is no reason to believe market principles or fundamental freedoms are any less relevant when it comes to flows of people rather than goods or capital.
Does anyone have any more up-to-date evidence in support or against this positive view? |
I'm against this positive view as it well known that immigration brings down the quality of life, as there is more crime, more social issues, but yet may increase GDP, but it's very difficult to tell if it's a factor in trend growth like the real data from the IT boom. Immigrants may not improve the employment population ratio that much and then again may hurt it.
If anything, try deregulation for trend growth...