World of Finance: Immigrants and the economy-10

If there is any other solution besides this let me know since I am at a loss to find out how to increase the population other than immigration since the robots can only replace so much and you need humans to populate a country. And if countries with declining population don’t want to increase immigration to their countries then at least they can go along with control immigration where you can only allow people with certain skills and education level to come there to live and work. But again this is no easy answer because in time these new educated immigrants would want to bring in their families and extended ones when they sponsor them who may or may not be as educated as wished for in the host country's immigrant policy. How to enforce is this policy is to ban the immigration of not sufficiently educated family members. Now you there can be some family members who would not be that educated like parents or other older relatives so how do you reconcile your immigration policy with it, Either you can try to educate them on your expense (not feasible) or bar them altogether (again not feasible since the new immigrants would want their parents to be with them). And if you are only going to give immigration to the students who have graduated from your universities then what if they would want to marry outside the country and then try to bring spouses into their adopted countries, how is that going to sit with the immigration policy.

World of Finance: Immigrants and the economy-9

How do you keep the dwindling population of the developed world from vanishing in the annals of history? The one way that has been done is to give financial support and other incentives to the families to have more babies. It has been tried and still trying in Russia (to no avail), in France (with some success) in Germany and also in Japan but the culture in both Germany and Japan discourages mothers to be to work in a workplace. It maybe that the culture does not look kindly to women working when they have kids in the house or there may not be enough day care centers or people feel that the kids are not taken care of in the day care centers, whatever maybe the reason, this thing is not going to reverse the decline in population. The only other way if a nation with a declining population is to survive is to have more immigration. I know it is a big controversial topic which many natives are against but that is the reality of the future. For example as Japan population ages and people live longer there, in the near future there will be only two or three people to support one retiree and then the government will have to take more debt. Same goes with Russia whose once mighty empire is now struggling with declining population despite the government plan to increase by various means (not including immigration). It is useless for the native population to conjure up racist themes when the population is already declining beyond the level of replacement.

World of Finance: Immigrants and the economy-8

The legality or illegality of the immigration comes next. But since I am not a lawyer or a law maker I can only comment on it that immigration should always be legal and if people want to come to a certain country they should follow the law. But here is my dilemma what about those people who have been in the country illegally and have children born in that country, how do you want to treat them legal or illegal. How can one sent the parents back to the home country if they are illegal when their kids had no choice where they were born and have not seen their parent's country and don’t want to live there. It should not be the fault of the kids that their parents are illegal while they are not and so there should be some sort of pathway to citizenship for these people since the kids need their parents and it would be unfair to the kids to deport their parents while the kids are legal residents and citizens. Although immigrants have its negatives but the positives outweigh the negatives as some countries whose population growth is declining can bring in more people to support their economy and reverse the declining trend. But for that to happen, the natives should have an open mind and provide support to the newcomers so that they assimilate quickly and contribute to the economy of the newly adopted land. Instead of using emotions and fear about the unknown, you should be realistic about how the demographic of a country are changing and if it is better to hold on to a dwindling and aging population who will have to be supported somehow.

World of Finance: Immigrants and the economy-7

I mean mixed in the since that not all the immigrants who come to their host countries have been successful and in fact some have relied on welfare for a long time. But to say that all the economic immigrants are that way and have not assimilated (whatever that means) into their newly adopted societies is unfair. There will always be tension between native born and the people coming from abroad as witnessed in the U.S. between the immigrant supporters and anti immigrants and also in the U.K. even between the British and the other European and Non European immigrants and similarly in Greece, France, Italy and Spain and other advanced countries. But some of the immigrants have become very successful and have created many jobs and it seems like if they were not there, we would not have been able to enjoy a technological revolution since the immigrants are inherently risk takers. Let me explain it clearly, by immigrating to strange lands and leaving their families and familiar surroundings behind and sometimes uprooting their families is in itself a great risk as you don’t know what you would encounter in your new environment. You may have all the knowledge in the world about your new adopted country but unless you are there and face ground realities you are treading in unfamiliar territory. With no family support (sometimes the families are there but they are already too financially strained to help you much) and no friends, these immigrants try to create jobs by themselves (usually). I believe it is the competition that the natives are really afraid off otherwise if it is truly the case then the natives would have been the best entrepreneurs and job creators (which they are anyway) and they would not fear competition.