In the past three years, cases of immigration have been on the rise The Mediterranean Sea serves as the ‘gateway’ for numerous immigrants. Europe is experiencing the largest immigration of refugees in recent years. Considering their portions, the largest number of immigrants comes for Afghanistan, Syria, and Eritrea. Most of these immigrants seem to have a convincing declaration for seeking refuge in Europe. Some people consider this act a compassionate predicament. On the other hand, others view it as a danger and challenge to the ever-dynamic economic aspects of the European Union. However, the economists tend not to view this invasion of immigrants as a responsibility or danger, but rather as an opening. Specifically, Europe experiences a key demographic confrontation. That is why most of Europe’s population is aging, and in various countries, the workforce is decreasing. The consequential refugee immigration within the European Union has resulted in detachments amongst the EU associated nations about how to respond.
Economical Needs of Refugees
Refugee regulations in Europe can result in bewilderment concerning the economic effect of the refugee crisis, because it is complex to differentiate between economic asylum seekers and authentic immigrants. When refugees initially arrive, the host nation recompenses to process them with the basic needs, including housing, education, health, and food, with offering income generating activities being a long-term objective. In the short-term, the additional expenditure augments the nation’s total demand or financial extension, which add on to the economic challenges already being experienced in European nations. This implies that more products and services are generated, leading to more disposable revenue for indigenous employees (Euronews 2016). This stands for the downward forces on inflation and wages when refugees become viable for the labour market eventually. The procedure has no definite timeline owing to the various labour market regulations in the European nations. Job searching begin with following the indigenous employees to gain the knowhow of employment patterns within the respective host nation. To decrease the gap, it is paramount that employability is enhanced, to ensure that the immigrants gain temporary work permits (Thompso 2017). This implies offering flexible labour markets, language expertise, housing close to the place of work, as well as education (Euronews, 2016). Triumphant economic integration can aid the monetary survival for the host nation while possibly attending to demographic issues.
The significant challenge for German corporations like those in the technological industry is transforming immigrants to potential recruits in the job market. The refugees need training and internships for their new environment that they call home. For example, such training ought to commence with understanding the language in the host nation. This is the first and most important step in enhancing viability in the job market. The refugees have to learn and take courses till they are on a linguistic level similar to the one required in the job market. This helps them be accepted into the labour market (Euronews 2016). Most of the migrants arrive in Europe with marketable expertise. A nation like Germany requires that talent or expertise to fill up over one million job vacancies, some of which necessitate skilled employees. However, a few refugees have been recruited in the job market, with only a small number being recruited by some of the biggest corporations in Germany. Refugees require that businesses and corporations demand for resourceful migrant guidelines. As the overheads increase, corporations demand a well-organised refugee guideline (Pashotam 2017). This is the most important aspect of economic incorporation, of working age migrants, inside the highest aging populace in the universe.
Economic Opportunities of Refugees
The International Monetary Fund (IMF) thinks that the refugees in Germany could stand for an economic opportunity since it is persuading Germany to try hard to get the refugees jobs (Inside 2016). Germany’s population is mostly leaning to the senior citizens’ spectrum of the demographics. Most of the asylum seekers in Europe are below 25 years and have obtained good educational backgrounds. Since 2013, statistics show that approximately 21% of the Syrians who migrated to Germany have post-secondary education (Inside 2016). This is near the German mean of 23%. These are vibrant young individuals who are able to give the needed manpower in most of the German corporations and businesses. While the German administration is helping the refugees to fit in the nation, refugees are also obtaining job opportunities which will help them sustain themselves as they adjust into their new home.
Incorporating young immigrants could offer the much-required demographic enhancement. Besides, Europe has excess capital to incorporate the refugees into their systems. Influential officials like the European Commissioner, Pierre Moscovici, mentioned that the present refugee and immigration concern ought not to be viewed on the basis of expenditure, but a prospect (Thompson 2017). The asylum seekers migration is a resource to the European nations because the countries require migration which ought not to be viewed as most populists do. Refugees are also a source of cheap labour, especially for the first few years of their stay in Germany before they are completely processed into the nation. While they help the German economy to grow, they are also helping themselves including their households to survive (Pershotam 2017). Moreover, while the refugees are in Germany, they will get an opportunity to feel safer from the dangers of their native countries. For example, the bombings of Assad made Syrians flee their homes to seek refuge in other nations so that they could feel safer together with their households. Lastly, the refugees seek better living conditions. This is because nations like Syria have experienced a lot of distress and disruption from their daily duties which has resulted in low to now source of income. Seeking asylum in Syria will help improve their living conditions.
European citizens view the refugee crisis with much fear of the newcomers taking their jobs and decreasing wages. However, some corporations, people and business view the asylum seekers challenge as an opportunity to advance European lives. Efficient economic incorporation can aid the monetary survival for the host nation while possibly attending to demographic issues. Thus, the European nations ought to see the challenge of the migrants as an opening for economic prosperity regardless of the primary economic, social, and political challenges experienced, which ought to be viewed as short-term. Particularly, the aging population of Germany needs the young vibrant workforce of the incoming refugees. The expenditure may be excessive when they first arrive, but the benefits are more when they are settled into the European nations.
References
Euronews, 2016. The economic impact of Europe’s refugee crisis. [Online] Available at: www.euronews.com/2016/11/01/refugees-in-germany-from-desperation-to-economic-fortune [Accessed 19 April 2018].
Inside Story, 2016. Europe’s refugees- an economic opportunity. [Online] Available at: https://www.aljazeera.com/programmes/insidestory/2016/05/Europe-refugees-reprsent-eceonomic-opportunity-160511202739613.html [Accessed 19 April 2018].
Parshotam, A., 2017. The UN global compacts on migration and refugees: a new solution to migration management, or more of the same? [Online] Available at: http://www.saiia.org.za/occasional-papers/the-un-global-compacts-on-migration-and-refugees-a-new-solution-to-migration-management-or-more-of-the-same [Accessed 19 April 2018].
Thompson, S., 2017. Emergency humanitarian response to longer-term development in refugee crises. [Online] Available at: https://www.gov.uk/dfid-research-outputs/emergency-humanitarian-response-to-longer-term-development-in-refugee-crises [Accessed 19 April 2018].
