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Navigating Immigration Economics
This chapter examines the economic ramifications of mass immigration and the movement of people, contrasting historical trade policies with current migration dynamics. It discusses the political resistance to immigration, the complexities of temporary labor mobility, and the impact on both high-income and developing countries. The urgency of addressing labor shortages in developed nations, particularly Japan and Germany, is highlighted, underscoring the need for a balanced immigration framework that fosters economic growth while respecting national identity.