Net Migration and the Macroeconomy: Inflation and Output Effects

2006 ◽  
Vol 195 ◽  
pp. 60-62 ◽  
Author(s):  
Simon Kirby ◽  
Rebecca Riley

Since the last NIESR forecast in October the Government Actuary's Department (GAD) has released new projections of the UK population. In comparison to previous projections these show substantial upward revisions to growth in the population of working age and to total population growth from 2005 to 2007. From 2008 and onwards there have been smaller upward revisions. Figure 1 illustrates the profile for growth in the population of working age implied by both the GAD 2003-based and the most recent GAD 2004-based mid-year projections.

Media Trend ◽  
2021 ◽  
Vol 16 (1) ◽  
pp. 40-48
Author(s):  
Kalzum R Jumiyanti ◽  
Moh. Jamal Moodoeto ◽  
Deby Rita Karundeng

Economic growth is often cited as a significantly contributive factor reduction of the poverty rate. This study aims to investigate the economic growth and poverty among all areas within Sulawesi Island and to compare these two aspects among the island’s provinces. This study employs both comparative quantitative analysis to explore economic growth formulatively and qualitative manner for in depth analysis. The result reveals an escalation in both gross regional domestic product (henceforth regional GDP) and total population each year for the last ten years. However this situation is unable to boost the macro-economic growth; a reason for this condition is the population growth in the recent ten years possibly dominated by High birth rates. Yet, this condition does not lead to a drop in the demand for workforces, which implies that the number of the working-age population (which can help improve the regional per capita income) remains constant despite the population growth. Another possible factor of regional GDP escalation is the fact that the government policy, in its foreign cooperation implementation, does not contribute to the local workforces. Nevertheless, the rise in regional GDP is insignificant as it does not affect the local economic conditions. Hence, it proves that the fluctuation of economic growth does not affect the poverty rate.


Author(s):  
Andrew Smithers

The changes in demography, together with low investment and poor productivity, have been responsible for the whole of the decline in the trend growth rates of the UK and US economies. Living standards measured by GDP per person are given a boost when the population of working age grows faster than the total population. This favourable change in demography was the situation up to 2008. Until then living standards tended to improve faster than productivity. Since then the total population has been growing faster than the numbers of working age and living standards will now tend to grow less rapidly than productivity. The impact on prosperity has been sharp because we have moved from a favourable to an unfavourable situation.


Author(s):  
Eva A. Duda-Mikulin

Chapter two includes an overview of EU migration to the UK and migrants’ characteristics with the message that migration to the UK is not new. People have been migrating since forever; recently however, the issue of migration has been elevated to a key national concern in the UK and beyond. It is now one of the most contentious and divisive matters in contemporary Britain and globally. Meanwhile, the government continually fails to deliver on its promise to reduce net migration to the tens of thousands, but should it? This chapter presents and discusses most up-to-date existing statistical data in relation to EU migration to the UK and migrant characteristics. These are contrasted with new qualitative data from women migrants from Poland to the UK. This chapter provides an explanation of the current complexities related to EU nationals’ legal status in the UK. Finally, a series of interview extracts are presented to illustrate the abovementioned points.


2021 ◽  
Author(s):  
Alemayehu Temesgen Befikadu ◽  
Berhanu Alemu Tafa

Abstract ObjectiveThe study examines An Empirical Analysis of the Effects of Population Growth on Economic Growth in Ethiopia using an Auto Regressive Distributive Lag (ARDL) Model Approach from the period of 1980 through 2019 with specific focus on total population, Growth Domestic Product, population growth rate, and foreign direct investment, inflow. This study investigated to understand the effects of total population on economic growth, and to analyze the short run and long run relationship of economic growth with respect to population growth.ResultsFrom the results of the study, personal remittance is stationary at level, while total population, FDI net inflows, population growth rate, rate of inflation, and gross capital formation are stationary at first difference. From the finding of long run equilibrium relationships between RGDP, population number, FDI, personal remittance, population growth rate, rate of inflation and GCF is existed since the value of F-statics is greater than the upper boundary line. Finally, to increase the economic growth of Ethiopia; the government should adopt policies that can attract the foreign investors. The government also should put a standard to guarantee that the economy grows at a larger rate than the population growth.


2021 ◽  
Vol 90 ◽  
pp. 01013
Author(s):  
Betgilu Oshora ◽  
Tiblets Nguse ◽  
Maria Fekete-Farkas ◽  
Zoltan Zeman

The study examines the correlation between economic growth, investment, population growth and unemployment in Ethiopia. For the purposes of this study, secondary time series data collected from the National Bank of Ethiopia, IMF and World Bank databases were used. The study extracts the perceived relationship between the variables through principal component (PCA) analysis. Both the Kaiser-Meyer-Olkin measure of sampling adequacy and Bartlett’s test of sphericity were used to determine the appropriateness of the dataset for PCA. The results revealed that an increase in unemployment is positively correlated, but in the opposite direction to economic growth, investment, total population and the working-age population. On top of the rapid spread of COVID-19, the present protests as a result of the political instability and ethnic problems across the country will lead to an increase in unemployment and the loss of many lives. Policymakers therefore need to emphasize and assure an increase in economic growth and investment in order to create more jobs in line with the increasing demand for jobs, particularly by young people. Moreover, the government must address the ongoing ethnic problems and political instability before it hits the economy adversely.


2014 ◽  
Vol 229 ◽  
pp. R22-R30 ◽  
Author(s):  
Katerina Lisenkova ◽  
Marcel Mérette ◽  
Miguel Sánchez-Martínez

This paper uses an OLG-CGE model for the UK to illustrate the long-term effect of migration on the economy. We use the current Conservative Party migration target to reduce net migration “from hundreds of thousands to tens of thousands” as an illustration. Achieving this target would require reducing recent net migration numbers by a factor of about 2. We undertake a simulation exercise to compare a baseline scenario, which incorporates the principal 2010-based ONS population projections, with a lower migration scenario, which assumes that net migration is reduced by around 50 per cent. The results show that such a significant reduction in net migration has strong negative effects on the economy. By 2060 the levels of both GDP and GDP per person fall by 11.0 per cent and 2.7 per cent respectively. Moreover, this policy has a significant impact on public finances. To keep the government budget balanced, the effective labour income tax rate has to be increased by 2.2 percentage points in the lower migration scenario.


2008 ◽  
Vol 5 (2) ◽  
pp. 189-202
Author(s):  
Cleon Tsimbos

This paper applies techniques of demographic analysis to official data of Greece to obtain net migration estimates by age, sex and citizenship for the intercensal period 1991-2001. It is found that the overall net immigration rate for the decade is 6.3 per 100 resident population and the contribution of foreign immigrants to this figure is 88.2 per cent. 85.4 % of the net immigrants are of working age and 70.3 % of net immigrant women are of reproductive age. The results of the study can be used to formulate assumptions regarding the migration component when handling population estimates and projections.


1992 ◽  
Vol 31 (4I) ◽  
pp. 511-534
Author(s):  
Winfried Von Urff

In spite of the fact that food production in developing countries doubled over the last 25 years undernutrition is still widely spread. At the beginning of the eighties, according to FAO, 335 to 494 million people in developing countries suffered from serious undernutrition the difference being due to different concepts to determine undernutrition on which scientist were unable to find a consensus.) Unfortunately there is no recent comprehensive analysis of the food situation comparable to those of previous World Food Surveys but it can be taken for sure that the absolute number of undernourished has increased. According to unofficial FAO sources a figure of 870 million was estimated for 1990 (22 percent of the total population in developing countries) using the same concept that led to the figure of 494 million in 1979-81 (23 percent of the total population in developing countries) which means that most probably the number of undernourished increased at a rate slightly less than population growth.


2014 ◽  
Vol 13 (3) ◽  
Author(s):  
Agustinus Denny Unggul Raharjo

<p class="BodyA">South Manokwari Regency is a new autonomous region in West Papua Province with abundant natural resources. As a new autonomous region South Manokwari Regency will be experiencing significant population growth. Population growth along with development and modernization will give burden to electricity demand. Alternatively, electricity can be provided with geothermal resources in Momiwaren District. Based on survey conducted by the government through the Geology Resources Centre in 2009, the reservoir temperature of the geothermal sources is 84<sup>o</sup>C with non volcanic geothermal system. Thus, the geothermal resources in South Manokwari Regency could be developed into binary cycle electric generator.</p>


Author(s):  
Ľubica Hurbánková ◽  

The paper deals with the analysis of unemployment in European Union countries on the basis of data of the unemployment rate and the number of unemployed. The data are obtained from the Eurostat website. The aim of the paper is to find out how the number of unemployed in individual EU countries changed in 2018 compared to 2009, in which country the number of unemployed increased the most, in which the least. Appropriate tools of economic statistics are used for the analysis. Based on a four-factor model of the analysis of the number of unemployed, we find out how this indicator has changed depending on the change in the unemployment rate, the economic activity rate, the share of the working age population in the total population, and the total population. The application of statistical method is implemented through the programme Microsoft Office Excel.


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