Immigrant Effects and International Business Activity

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  • Topic: Human migration, Globalization, Developed country
  • Pages : 6 (1799 words )
  • Download(s) : 78
  • Published : May 18, 2013
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Table of Contents

Introduction3
The global significance of international migration4
International migration and international business activity6
Migrants and trade9
Migrants and employment10
Migrants and diaspora11
Conclusion12
Bibliography14

Immigrant Effects and International Business Activity
Introduction
The value of immigration for the sake of business purposes has been growing rapidly though it had a little effect on the economy of the countries because they did not have particular strict rules for the entry and exit of labor for business activities. That’s why they could not give as much good results as the import and export of other commodities among the countries. However with the passage of time and experiences the governments have made polices for immigration rules to gain more and more benefits of the procedures for global economy to be affected by introduction of new producers and technologies. Since the business requires new procedures for the international market, it will also help in better utilization of trends, resources and technologies and human resources for common interests of the countries and cross-border relations. It is necessary to analyze the main gears of international trade like foreign direct investment (FDI) of countries, knowledge and intellectual, IT, employment, recruitment, remittance and international reputation. Worldwide Importance of International Migration

The international migration has grown in last three decades as rapidly as it has been the 3% of the whole world population. The report of World Migration 2008 elaborates that it had been growing from 76 million to 82 million and 190 million from 182 million during the decades 1960s, 1970s and 2005 respectively. The rate of migration of skilled and highly qualified labor to high economy and technological countries is five times greater than migration to other countries; the rate is approximately doubled than in 1970s. New emerging countries with technologies are China, Philippines, Ukraine, India and Latin America. The report of 2008 says that the benefit of US $305 had been done to developing countries by providing the facilities of immigration to their people. On the other hand the developed and rich countries that are providing facilities of international migration are very well known to the challenges dependency of external workers and increasing ratio of external workers over their natives. These countries are most often USA, UK, Japan, Canada and various European countries. According to a report in 2006 there had been 12% foreign-borne population of the total in such countries. In 2001 there were 1/3 of the whole migrants in Australia and USA was of graduate and post-graduate qualification level while 38% in Canada and 31% in New Zealand. The migrants face the trends in host countries to provide better incentives to the natives (local qualification and experience) over migrants except Australia. The difficulties to approach such equal incentives to immigrants themselves lead them to access self employment in these countries. In ‘Global workforce 2000’ there have made some relaxation for the immigrants for equal opportunities though the developing countries are also playing their role in providing high qualification to their people so that their citizens may contribute the growth in economy of the hosting countries. Majorly Mexicans, outside Europe and Asians are major labor providing countries to USA and European countries. International business vs. international migration

The global economy has been affected positively by the migration of people of skilled qualified labor from developing countries to developed countries. It is also necessary to study the impacts of global migration on global business activity. It is worth noting that different markets have different impact of international integration. Rugman has studied widely that regional sales play vital role in most of the global...
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