More than ever, human capital is seen as the ultimate resource. As a result, policymakers face the challenge of ensuring that workers have the skills and abilities to find productive employment and contribute to growth, innovation, and competitiveness in constantly evolving labor markets. Migrants’ skills are often seen as an untapped resource that, with the right formula of policies, can bolster competitiveness and fuel productivity.
This report, the first in a series examining workforce development systems in three countries, focuses on the increasingly employer-led and flexible UK system that operates alongside centralized immigration and employment policies.
Economic and demographic disparities will shape the mobility of labor and skills during the 21st century. The populations of richer societies are aging rapidly, while working-age populations continue to grow in some emerging economies and most low-income countries. Despite these trends, many countries continue to assume that today’s demographic realities will persist. This policy brief describes how the current geography of migration is changing, and offers recommendations for policymakers.
Diasporas can play an important role in the economic development of their countries of origin or ancestry. Beyond their well-known role as senders of remittances, diasporas also can promote trade and foreign direct investment, create businesses, spur entrepreneurship, and transfer new knowledge and skills. Policymakers increasingly recognize that an engaged diaspora can be an asset — or even a counterweight to the emigration of skilled and talented migrants.
Private recruitment agencies orchestrate much of the migration process, from predeparture to return. They provide information, assistance, and even financial support to migrants; facilitate transit to and from the destination; and in some cases employ migrants directly. While recruitment agencies protect migrants, sometimes removing them from abusive workplaces or even organizing repatriation, migrants’ dependence on them for so many services also creates many opportunities for exploitation and abuse. This brief assesses the forms of regulation that are being proposed and enacted to oversee recruitment agencies and identifies several areas for further improvement.
Remittances represent a major vehicle for reducing the scale and severity of poverty in the developing world. Besides pure monetary gains, remittances are associated with greater human development outcomes across a number of areas, including health, education, and gender equality. The author argues that policymakers can maximize the positive impact of remittances by making them less costly and more productive for both the individual and the country of origin.
More than ever before, human capital is recognized as the one resource that can propel firms and economies to the top tier of competitiveness. With substantial increases in the supply and demand for skilled workers, governments will have to think carefully about how they engage with the global talent pool, and how they can select most effectively from it.
Circular migration has typically been viewed with skepticism by migrant-rights advocates and wary publics alike. But many experts and policymakers in the migration field — and some in development — have come to recognize that well-managed circulation that is respectful of migrants' human and labor rights can bring benefits to countries of origin and destination, as well as to migrants themselves. For countries of origin, circular migration can relieve labor surpluses; for destination countries, it can provide the flexibility to quickly overcome skills shortages while adapting to long-term labor market shifts. For migrants, circular migration offers the opportunity to earn higher wages and gain international experience.
This policy brief, the first in a series distilling the evidence and experience on migration and development, examines whether respect for migrant rights has economic benefits for countries of origin and destination. The author finds that respect for rights in migrant-sending countries can help secure remittances, attract other forms of diaspora investment, and effect political and social change.
Environmental change is likely to affect global migration flows in a number of ways. Both long-term trends such as increased flooding and the increasing scarcity of resources as well as shorter term trends like severe weather are likely to contribute to displacement and increased migration for individuals already in vulnerable situations. While often viewed as a negative outcome of climate change, planned migration can also serve as a strategy for mitigating its impact.