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Improved Governance of Increasing Immigration is Urged by the World Bank

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The World Bank called on developed countries to look for Improved management of Immigration as their economies are expected to become increasingly dependent on due to rapid aging.

the bank’s latest World Development Report said that about 184 million people across the world now live in countries Where they lack a nationality, 43% in Low and middle income countries. about 37 million of the total They are refugees, a number that has tripled over the last a contract.

some countries face Quick dips of The working-age adult population, including Spain, is expected to contract by more of a third by the year 2100, with Those over the age of 65 increase to nearly 40%. of the population from 20% currentlythe development said the lender.

Countries including Mexico, Thailand, Tunisia and Turkey may also soon need more Foreign workers because their population is no longer growing, while cross-border migration movements already become more complicated, with destination and origin countries It covers all income levels, according to the report.

Migration can be powerful force for Prosperity and development said Axel van Trotsenberg, Senior Managing Director of the World Bank in a permit. When administered properly, it provides benefits for everyone people – in communities of origin and destination”.

The report makes recommendations for policy makers, mainly to the best match immigrants skills with Need in destination countrieswhile protecting refugees and reducing need for Miserable movements.

The gains are greater for Both destination countries immigrants when skills match Good with demands in destination countries. when skills match Weak, costs of hosting refugees should to be shared multilaterally.

more difficult policy challenges arise when skills match Weak and migrants are often not refugees leading to paging and pressing on Crossing countries. The report said stronger international development Efforts were needed in the origin countries to reduce the need for Migration caused by economic hardship.

The World Bank said the origin countries should Make labor migration an explicit part of they development strategy And work To reduce cost of Transfers to families back homeFacilitate knowledge transfers From the diaspora abroad, and build skills this in demand worldwide.

the bank destination said countries should Encouraging migration of the population where skills We are in high demandin addition to that new financing tools developed multilateral l help countries Care for non-citizens in in a predictable way.

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