Routledge Dictionary of Economics, Second Edition
The permanent settling of people from other countries. Immigrants take up a new residence to escape the poverty or persecution of their original countries, to increase their personal and ECONOMIC WELFARE in a new country or to join relatives who have already migrated.
The effects of immigration on a country include, at the macro level, impacts on inflation, technical progress and public expenditure and, at the micro level, a change in the pattern of demand for goods and services and extra labour supply to particular labour markets. Immigrants are absorbed into an economy in different ways: as ENTREPRENEURS, as members of the SECONDARY LABOUR MARKET or into enclaves.
See also: enclave economy; migration
References
Piore, M.I. (1979) Birds of Passage: Migrant Labor and Industrial Societies, New York: Cambridge University Press.
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