Discuss the extent to which international migration is beneficial. International migration may be beneficial, but to a small extent. It causes more problems than benefits and the problems that arise are big and important where the benefits that you get from international migration are not so significant. One of the advantages that could be considered is that when many migrants come into the country where there is need for jobs that are not desired by the people living there, like rubbish cleaning, bus driving etc, the jobs are fulfilled by the migrants. But, if the opposite case is considered where many migrants come into a city where there is high unemployment problems that arise are hard and expensive to solve.
During this time period, one of the changes that lead to this economic growth was the migration of the American population from small rural farming communities to the urban industrial cities. This migration of the American population created the needed workforce for the growing number of factories in the industrial cities. These cities and industries include, New York City, the Great Lakes area production of iron, steel, machinery, chemicals and packaged goods, Pittsburgh iron and steel manufacturing, and Chicago production of steel, farm machinery and processed meat in their giant stockyards. Many other industrial cities existed during this time, but these mentioned were the largest. Also an important part of the economic growth of the United States during this time period was the growth of the railroad.
Benjamin Powell a graduate from Hampden-Sydney College is featured in an article from the Library of Economics and Liberty. In the article contrary to most American and global views based on overall society stigmas of sweatshops, Powell is in defense of sweatshops. Powell supports his argument with logic and reason. His first example given is that sweatshop laborers dont have an alternative to earn money. The second example given is that the money earned daily by laborers is often higher than the average national wage.
The main criticism of these schemes is the fact that the money which is supposedly meant to aid the poorest people in the country who are most in need is actually diverted to those who are richer instead. This is apparent through some of the major failures of the structural adjustment programmes which are loans lent to countries that are in extremely desperate situations. Benin for example, has endured severe economic instability, partly due to the SAP provided to the country as it encouraged them to export the raw materials they had instead of manufacturing them. This essentially prevented the country from developing its economy as ultimately jobs were provided in manufacturing elsewhere. This loan led to a widening in the gap between the rich and the poor which became increasingly apparent due to Benin accepting the SAP.
Inflation affects how much UK branches have to raise or reduce the amount of pay each employee gets. This may lead to the company needed to let go of some employees. Indian branches also would need to alter pay, but wages in India can dramatically differ year to year depending on money flow. The recession decreases the companies in the UK wanting to lend money. Credit scores effect this drastically, if you have a bad credit score it is unlikely for UK Barclays to give you a loan or mortgage.
The result is a labor shortage. “A labor shortage is defined as an economic condition in which there is insufficient qualified employees to fill the marketplace demands for employment at any price.” (Fogg, 2008). With labor shortages comes a shortage of qualified employees to fill critical positions. “To mitigate the loss of organizational memory and its concomitant impact on performance, leaders must devise strategies to transfer knowledge from veterans to neophyte employees, retain older workers, and fiercely compete to fill vacancies with an ever-shrinking number of candidates.” (Myers & Dreachslin, 2007). Not only are employers faced with filling critical positions, but the added expense of hiring and training a new workforce.
2. The existence of a substantial amount of revenue, which resulted from the large increase in oil prices and production after 1973. 3. The government’s decision to quickly achieve maximum socio-economic growth and 4. improvement in the average quality of urban life and living standards for the rapidly increasing local population. These factors are possibly the controlling mechanism that may have provoked rapid urban expansion in almost all parts of Saudi Arabia.
Another cause of unemployment is the slow economic times, which cause the companies to downsize. Downsizing is when companies have let workers go because they are not making enough money to pay them. This has been happening allot due to people saving money for important needs rather than necessities. Contractors who build houses have been losing money because families cannot afford to buy a new house. So the contractor does not make any money if they don’t sell the house and they could also lose money.
It is mentioned in the film that there are many foreign workers in Bahrain occupying positions that pay well. But that many indigenous Arabs in that nation are unemployed. They live in substandard homes and are denied basic services. There is also the atrocious story of a choice piece of land being developed as a high-end luxury area that was sold by the government to the Khalifa family for a single dinar. If the government does not take measures to quell these desires and the feelings of resentment aroused by these inequalities, then people will clamor for social change, and this is precisely what led to the uprisings in 2011.
Some scientists predict that Abu Dhabi and Dubai will be two of the most attractive destinations for tourists. The differences between Abu Dhabi and Dubai are pronounced while the similarities are superficial. Starting with similarities, first, Abu Dhabi is similar to Dubai in that both depend on investments and commerce. In the last 10 years, they both worked hard to build a strong base for free investment in the region. In recent years, they both have many global companies which work for develop the economy such as, Emmar, Aldar and DEWA.