Inclusive Growth Analysis in Economies Prone to International Migration
Inclusive growth (IG) analysis involves analyzing the available data in a country to determine the best course of action for accelerating growth and or improving the distribution of the opportunities and benefits from the growth process. In economi...
Main Authors: | , |
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Format: | Working Paper |
Language: | English en_US |
Published: |
World Bank, Washington, DC
2017
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Subjects: | |
Online Access: | http://documents.worldbank.org/curated/en/524101468170981161/Inclusive-growth-analysis-in-economies-prone-to-international-migration http://hdl.handle.net/10986/27100 |
Summary: | Inclusive growth (IG) analysis involves
analyzing the available data in a country to determine the
best course of action for accelerating growth and or
improving the distribution of the opportunities and benefits
from the growth process. In economies in which international
migration is a significant trend, that determination may be
especially challenging. The international migration
phenomenon can contribute to (or detract from) growth and
its distribution through myriad number of complex and
sometimes divergent channels, and these effects can change
substantially over time. The ability to analyze these
impacts, however, is often significantly handicapped by a
lack of appropriate data. Moreover, because the migration
decision is inherently a private decision made by households
in the best interest of their welfare, determining the
policy conclusions based on the results of inclusive growth
analysis is often unclear. Governments are rightfully wary
of interfering with the migration process. This paper
examines the issue of international migration in inclusive
growth. The aim is to provide the practitioners of inclusive
growth diagnostics a useful framework for assessing the
nature of the international migration phenomenon, and to
highlight the key tools utilized in evaluating its current
and potential impact on shared growth. |
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