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Economic Crisis and International Labor Migration: Costs and Benefits in Germany
| Content Provider | Semantic Scholar |
|---|---|
| Author | Knerr, Béatrice |
| Copyright Year | 2007 |
| Abstract | Germany, which for decades has experienced large-scale workforce in-migra- tion, is increasingly turning into a country of out-migrants. Since the early 1990s it has found itself in economic crisis and unemployment has turned into a mass phenomenon, seizing almost all skill and educational levels. Unemployment rates of more than 10 percent, worsening working conditions, and little hope for improvement are driving an increasing number of Germans and previously immigrated foreigners to look for better opportunities outside Germany's borders. Concomitantly, the number of in-migrants is declining. The reactions to this new phenomenon are mixed, although its consequences have hardly been researched and are not clear to a broader public. Lack of data and information about behavioral parameters make an analysis of its costs and benefits difficult. When measured by the proportion of the total workforce, out-migration still does not appear alarming and might actually be a relief to the labor market and the public treasury. Nonetheless, it could become a threat to the German economy as high potentials, who are increasingly scarce, display a disproportionately high propensity to migrate and impose high opportu- nity costs on the economy and society. International experience suggests that, due to net- working, the trickle of out-migration could rapidly develop into a self-sustaining stream. This outflow is not counterbalanced by an adequate inflow of qualified workforce. Key sectors might be facing a lack of competent workforce and this issue might have al- ready handicapped the German economy, which is in need of fresh stimuli. |
| File Format | PDF HTM / HTML |
| Alternate Webpage(s) | http://rimd.reduaz.mx/revista/rev8ing/e2.pdf |
| Language | English |
| Access Restriction | Open |
| Content Type | Text |
| Resource Type | Article |
