3min chapter

Ones and Tooze cover image

How the Labor Movement Got Its Day

Ones and Tooze

CHAPTER

The Impact of Refugee Crisis on the Economy

Refugees generate a shock government spending to accommodate them, and that stimulates the economy. In the border towns of poland and ukraine, accommodation will suddenly become very scarce. If you are a property owner there, and you have an apartment to let, and you're going to make good money at moments like that. The impact of all of that is to is for refugee crises to stimulate economic activity in a general sense. But none of that can take place, really, unless the host ety is willing to treat this as an opportunity rather than a huge burden. And the gold standard right now has been turkey,. which pursued a relatively open policy towards the syrian refugees, accommod

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