Skilled Migration: A Sign of Europe's Divide or Integration? (International Development in Focus)

Özden, Çaglar; Bossavie, Laurent; Garrote-Sánchez, Daniel; Makovec, Mattia

ISBN 10: 1464817324 / ISBN 13: 9781464817328

Published by The World Bank, 2022

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Bibliographic Details

• Title: Skilled Migration: A Sign of Europe's Divide or Integration? (International Development in Focus)
• Publisher: The World Bank
• Publication Date: 2022
• Language: English
• ISBN 10: 1464817324
• ISBN 13: 9781464817328
• Binding: Soft cover
• Condition: New

About this title

Synopsis

Skilled Migration: A Sign of Europe’s Divide or Integration? examines the trends, determinants, and impacts of migration of high-skilled workers within the European Union in the past two decades. High-skilled migration, whether internal or international, is largely a symptom rather than a cause of the gaps in labor market and educational opportunities, productivity, welfare, and the quality of institutions across the regions. Free movement within the European Union is an incentive for workers and firms to take advantage of these gaps by moving from low- to high-productivity sectors and regions. This process, however, results in winners and losers depending on the extent of the complementarity and substitutability between migrants and natives and on the capacity of the sending regions to realize benefi ts from return or circular migration and other knowledge spillovers. This study assesses the economic benefits and the costs of skilled migration in the short and long runs, emphasizing the potential implications of a large outflow of highly qualified workers on the economies of the originating regions. This book uses empirical analysis to present recommendations for labor market and education policies and identify effective ways to address the various costs that migration induces among different skill groups within regions that send migrants and those that receive migrants. These methods must also improve cross-country coordination to more effectively unlock the overall benefits of migration.

About the Author

The World Bank came into formal existence in 1945 following the international ratification of the Bretton Woods agreements. It is a vital source of financial and technical assistance to developing countries around the world. The organization's activities are focused on education, health, agriculture and rural development, environmental protection, establishing and enforcing regulations, infrastructure development, governance and legal institutions development. The World Bank is made up of two unique development institutions owned by its 185 Member Countries. The International Bank for Reconstruction and Development (IBRD) focuses on middle income and creditworthy poor countries and the International Development Association (IDA), which focuses on the poorest countries in the world.