How Does Immigration Affect Global Business?

Published on: 2017-12-05

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While Asian countries face some of the same political challenges around immigration, says Albert Park of the HKUST Business School, “There are a lot of benefits from more immigration in East Asian countries, especially because many of these countries are aging at a very rapid pace, so that they are increasingly facing a scarcity of workers, especially low-skilled younger workers.” He predicts good outcomes from potential regional agreements that would allow for an easier back-and-forth flow of migrants and guest workers, especially if constituents understand the benefits. Tools that lower barriers to movement are also helpful—for example, regional job qualification systems and standardised employment contracts and visa procedures.

Read full article on Forbes India How does immigration affect global business? which has been reproduced with permission from Qn, a publication of the Yale School of Management http://qn.som.yale.edu]

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