Migration Magnets

As fertility rates continue to drop, dependency ratios accelerate and the desire for sustained economic growth continues in many developed countries, migration will be increasingly seen in a positive economic light. As such countries will increasingly compete for the migrants they need. Whereas today there are just a few nations such as Canada and New Zealand that are actively and openly seen to encourage immigration, over the next decade these will be joined by such countries as Japan, much of Western Europe and maybe even the US.

Feeder countries will be specifically targeted in order to provide nations with the right skill and cultural mix and countries will promote themselves as ideas migration destinations. Following the lead of countries such as Canada where immigration has supported growth to such an extent that it has become multinational as well as multicultural, others will seek to selectively attract the best skill sets available.

Migration will thus cease to be seen in a negative light and threat in the media and, especially in low fertility economies, immigration will be a key part of government economic development strategy as they position themselves as migration magnets.

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