A way to double world economy

The weakening of global migration restrictions can double the world economy. This method is named in the study of the analytical company BOSTON CONSULTING GROUP (BCG), which is at the disposal of the “Renta.ru”.

About three percent of the world’s population (about 200 million people) of working age, they live in those countries where they were born. At the same time, the number of people who would like to move for work abroad – from 750 million to 2.5 billion people. It is about 50 percent of all people-bodied people.

The share of international trade in global GDP rose by about 20 percent to 53 trillion dollars (60 percent of world GDP). At the same time, the percentage of migrants from the total population during the same period increased only by 0.7 percent, is noted in the report. Removing barriers to labor migration, depending on the scale of changes, can create a positive economic effect from 15 to 95 trillion dollars annually, analysts consider.

Over the past decade, only five countries have attracted more than 50 percent of all qualified migrants: USA, Great Britain, Germany, Canada and Australia. At the same time, about 25 countries have an excess of qualified personnel, and countries have their deficit. In Russia, the positive balance of the inflow from the outflow of migrants is preserved, at which the first is somewhat higher.

interfere with labor migration fear of brain leaks, as well as the fear of loss of jobs and reduce wages. The authors of the study believe that these fears are mostly not reality.

/Media reports.