Immigration plays an important role in helping developed economies maintain and improve standards of living. Developed economies are increasingly dependent upon highly skilled immigrants to provide scarce skills and boost innovation; they also rely on a broad range of low- and middle-skilled immigrants to perform work for which few native workers are available. Even in times of economic weakness, many of these needs remain—particularly the need to attract and retain the most talented immigrants.
Migration Policy Institute Research
Immigration is an indispensable piece of any strategy to boost economic growth and prosperity. The United States has a natural advantage in attracting the world’s most talented workers. But employment-based immigration makes up too small a proportion of overall U.S. permanent immigration, and U.S. policy is inflexible in the face of changing circumstances, including the growth of other skill-focused immigration programs across the developed world. This report examines effective strategies to ensure that immigration policy facilitates U.S. economic growth, innovation, and competitiveness.
Immigration can be a powerful tool for supporting a country’s economic growth and prosperity, but its success in accomplishing that objective depends on well-designed and carefully implemented immigration policies that deliberately and strategically facilitate immigration’s economic contribution. This policy memo, drawing on experiences from Asia, Europe, North America, and the Pacific region, presents eight strategies to create effective and efficient economic-stream immigration systems.