• Going beyond Economics 101 on Migration

    From Rich80105@3:770/3 to All on Monday, August 08, 2016 22:02:39
    and well beyond the trivialisation of problems by the government: http://pundit.co.nz/content/how-much-migration

    AUGUST 08, 2016
    FEATURES: ECONOMY

    How Much Migration?

    by Brian Easton

    Free movement of labour is often described as one of the four
    fundamental economic freedoms. Putting it into practice is
    somewhat more difficult.

    To make the intentions of this column clear, I am generally in favour
    of migration. I am a descendant of immigrants and live in a country in
    which virtually everyone admits to a migration heritage and which has
    one of the highest proportions of foreign-born in the world. I am also
    very aware that future migration will dramatically change the country
    I love, especially by the Asian inflow. It will happen and the country
    will benefit from it.

    For migrants bring with them a vigour and vitality which a small
    conservative country with a tendency to stasis needs. I am astonished
    at the impact of the thousand odd Jewish refugees in the 1930s and
    1940s. I am delighted at the contribution of our Pasifika people. And,
    if I may characterise it as a 'migration' albeit an internal one, we
    are a richer community for the Maori move from country to town.

    Immigrants can also ease the pressures of population aging which the
    country faces. Our rest homes seems largely staffed by them; we may
    not judge these carers skilled, but the ones I have met are so endowed
    with aroha.

    However, accepting all these gains, this column is about the
    appropriate rate of migration.

    First, the economics. In summary, the research shows that immigrants
    tend to give a boost to net demand in the short run and net supply
    (and hence sustainable economic growth) in the long run. That is
    because initially they put more pressure on resources (especially
    housing and infrastructure) than they add to them. But once their
    contribution to investing is sufficient, the effect subsides. It is
    strong enough for past Australian governments to increase assisted
    migration when the economy was depressed in order to help get an
    expansion underway.

    Now you know one reason why this government is so keen on a migratory
    inflow. It is contributing to economic expansion (although that need
    not mean that real per capita incomes for everyone are rising).
    The government will add that it also increases our supply of skills.
    True, but allow me a grumble. Relying on migrants for required skills
    is cheaper than training up New Zealanders. The consequence is that we
    have too many unskilled and under-skilled locals and inadequate
    training institutions. When the Christchurch rebuild was first talked
    about it was recognised that we would be short of builders. Rather
    than putting training schemes into place, it was decided to import
    workers with the required skills. Five years later we are still short
    of builders and no doubt we will again go offshore to provide them.

    So, yes, there can be economic downsides to migration, but locals
    generally benefit. Curiously, the evidence does not say that local
    workers always suffer job losses or depressed wages. The explanation
    requires a theory a bit more sophisticated than the obvious Economics
    101; in any case faced with a contradiction between 101 theory, which
    says it will happen, and actuality, that on the whole it does not,
    which should you adopt?

    Why then the antagonism to migration? It occurs not just here but
    throughout the world, evident in the Brexit referendum, distress on
    the European continent and from many Trump followers.

    The above discussion, like much of the public debate, has framed the immigration issue in economic terms. It says nothing about the
    cultural impact. The sociological literature I have read on the topic
    is not very helpful. There are numerous fascinating studies of
    immigrant impacts on localities, but I have not read any comprehensive
    overall (society wide) studies like those that exist on the economic
    impacts.

    My second paragraph summarised the micro-studies but at the end of the
    day I have little idea about the rate at which a society can absorb
    migrants culturally. That is the nub of where the strains are.
    Undoubtedly there will be tensions when the migrants first arrive, but
    how long before things settle down? How do the locals adapt to the
    challenges the newcomers pose and adopt some of what they have to
    offer? What are the critical mechanisms? (Anecdotally, intermarriage
    seems to be important.)

    I was struck that regional outcomes in the British Brexit referendum
    do not seem to have been affected by the level of migrants but that a
    higher vote for Brexit seems to have been affected by recent increases
    in the level of migrants in the locality. (here*) That suggests the
    Brits do adjust to migrants but it takes time for them to adapt from a
    low level to a higher one. Like us?

    The abandonment of free labour mobility is likely to be a key element
    of any deal Britain does with the EU. I shan't be surprised if the EU
    moderates the principle of unlimited freedom of movement too. You can
    see related struggles in the US between dealing with illegal
    immigrants and not encouraging more of them.

    What about New Zealand? There is an economic case for moderating the
    current inflow of immigrants especially as the high levels are putting
    pressure on us to borrow offshore. Cannot we be more self-sufficient
    in supplying skills; 'more' not 'totally' of course. That would mean
    building up our internal training programs ­ by no means a bad thing
    for New Zealanders with unrealised potential. The fetish for
    encouraging rich migrants probably needs to be restrained. The capital
    they bring with them is not nearly as valuable as the rhetoric says it
    is.

    But we also need to think more about the cultural impact of the
    migrants. We should not be saying 'no' to those who are culturally
    different; all immigrants are!

    The governmentıs decision for a modest increase in our refugee numbers
    was wise, given that the facilities can only be increased slowly. I
    should like to see a further increase in the quota three years on when
    the reception facilities can be extended again.

    Could not localities be more supportive to arriving immigrants? Our
    local authorities could learn from the more welcoming Canadian
    practices. Perhaps the points system which determines who may be let
    in could incorporate a reward for those who go to the areas with the
    best welcomers.

    This column is not an anti-migrant tract. Rather it is an attempt to
    encourage a dialogue which steers between xenophobia and a free market
    view that only the impact of migrants on the economy matters.

    * http://www.economist.com/news/britain/21702228-areas-lots-migrants-voted-mainly-remain-or-did-they-explaining-brexit-vote

    (and there's one comment as I send this, also interesting)

    It is a shame that our media cannot find it worth the cost to
    commission thoughtful articles at this level - butthen much of
    NAtional seem to find Radio Live intellectually challenging . . .

    --- SoupGate-Win32 v1.05
    * Origin: Agency HUB, Dunedin - New Zealand | Fido<>Usenet Gateway (3:770/3)