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Political Science

Costs and Benefits of International Immigration

Introduction

International immigration is not a new phenomenon but the pace has increased tremendously due to globalization which has eased geographical constraints between countries and has led to greater mobility of factors of production including human capital. It was not long ago when the migration would be normally from developing to developed countries but now immigration flow has become more diverse due to rising economic status of emerging economies. Economic theories usually give the idea that international immigration is good but it can also impose huge social and economic costs on countries, especially developing economies. Nonetheless, international immigration should be encouraged because the cumulative benefits outweigh the cumulative costs.