One of the main forces behind economic growth in both the sending and receiving countries might be migration. Immigration may provide a new pool of workers if the receiving nation has an aging population. Furthermore, immigration can spur growth in the real estate, agricultural, social investment, and service sectors—that is, assuming we believe the Keynesian notion that demand creates supply. Nonetheless, a dynamic immigration strate@gy is required for this. Social discontent could result otherwise. If supportive policies are in place, FDI, knowledge transfer, and remittances may all thrive in the migrant exporting country.I developed an optimization model called “International Surplus Labour Circulation (ISLC) model.” May I invite you to go through my two papers titled "Drivers of demographic dividend in sub-Saharan Africa" and "Towards inclusive development through harnessing demographic dividend? Empirics for Africa"
In order for migration to be net gain (and not liability) for receiving country it has to lead to productivity boost, or at least keep worker productivity unchanged. In case of developed country the threshold is quite high, so it can effectively take one of two forms:
-highly selective brain drain based on taking the most productive and qualified workers
-taking people who would increase productivity due to inflow of capital (issuing investment visas to high net worth individuals)
warns that migration is not stimulating economic growth as expected, and is instead exacerbating the housing crisis. As per the context, high prices and shortages, potentially driven by an influx of migrants, can lead to considerable socio-economic issues. Migration can increase demand for housing, leading to shortages and higher prices. The situation is especially severe in large cities where the housing shortage is ongoing. In this context, landlords are recommended to give twelve months' notice before evicting, to ease housing concerns for tenants. Your context also points out the potential negative effects of exporting basic resources like food, which might be relevant if migrants are sending goods back to their home countries, thus further straining local economic and social systems.
I believe that immigration will definitely be the main driver of economic growth in the future. For example, the United States became technologically advanced because of immigration. Immigration allows talent from all over the world to gather together, forming a 'scientists' regime' that transcends local governments. Any national government must accept the criticism of scientists. For social scientists, developing the economy is just a small task."