IDEAS home Printed from https://ideas.repec.org/a/ora/journl/v1y2016i1p36-45.html
   My bibliography  Save this article

Economic Implications Of The New Migration Wave In Europe

Author

Listed:
  • Irina Ionescu

    (Alexandru Ioan Cuza University, Iasi)

  • Larisa Luchian

    (Alexandru Ioan Cuza University, Iasi)

Abstract

The new European migration wave poses extreme consequences for the balance of the European Union, as it was showed by the last trimester of 2015 and the first trimester of 2016.The German politic, unanimously adopted by all state members, is seeing some serious cracks, especially in economic terms. This paper aims to look at the real economic implications the migration wave has upon the European Union and determine whether the influence of such a high number of migrants might help the Union diminish its economic debts or, on the contrary, will most likely pose a threat to the system. The extensive literature in the field is highly up to date, which determines the research process to be one relevant for future inquiries. Already, Europe finds itself in one of the most risky situations after the World War II – protecting its boarders from the outside, as well as from the inside. Latest terrorist attacks that took place in Europe (in Paris two times, in Ankara, as well as in Brussels) confirm that the continent is on the verge of losing the fight against terrorism, as the phenomenon seems to already propagate within its own foreign communities. The latest terrorism actions were conducted by European citizens of foreign ethnicity, which can only make one wonder what will the main effect of embracing even larger foreign communities of migrants, within the heart of Europe, be in the upcoming years. The paper will also look closely at one of the most foreseen negative effect of massive migration in Europe – the possible resurgence of terrorism in the area. Albeit the differences between various European communities is striking, European authorities must find a way to determine everyone cope as one, or else the future of the European Union’s borders as they are today is in danger. The qualitative methodology used in the present article focuses on a relevant literature, as well as specific data received and interpreted from reliable first-party sources: International Monetary Fund, Eurostat, Global Terrorism Index, Global Terrorism Database, OECD, etc.

Suggested Citation

  • Irina Ionescu & Larisa Luchian, 2016. "Economic Implications Of The New Migration Wave In Europe," Annals of Faculty of Economics, University of Oradea, Faculty of Economics, vol. 1(1), pages 36-45, July.
    • Handle: RePEc:ora:journl:v:1:y:2016:i:1:p:36-45
    as

    Download full text from publisher

    File URL: http://anale.steconomiceuoradea.ro/volume/2016/n1/4.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Sari Pekkala Kerr & William R. Kerr, 2011. "Economic Impacts of Immigration: A Survey," Finnish Economic Papers, Finnish Economic Association, vol. 24(1), pages 1-32, Spring.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. J. Clark & Robert Lawson & Alex Nowrasteh & Benjamin Powell & Ryan Murphy, 2015. "Does immigration impact institutions?," Public Choice, Springer, vol. 163(3), pages 321-335, June.
    2. Sari Pekkala Kerr & William R. Kerr & William F. Lincoln, 2015. "Skilled Immigration and the Employment Structures of US Firms," Journal of Labor Economics, University of Chicago Press, vol. 33(S1), pages 147-186.
    3. Lorenzo Caliendo & Luca David Opromolla & Fernando Parro & Alessandro Sforza, 2021. "Goods and Factor Market Integration: A Quantitative Assessment of the EU Enlargement," Journal of Political Economy, University of Chicago Press, vol. 129(12), pages 3491-3545.
    4. Lewis, Ethan & Peri, Giovanni, 2015. "Immigration and the Economy of Cities and Regions," Handbook of Regional and Urban Economics, in: Gilles Duranton & J. V. Henderson & William C. Strange (ed.), Handbook of Regional and Urban Economics, edition 1, volume 5, chapter 0, pages 625-685, Elsevier.
    5. Sharpe, Jamie & Bollinger, Christopher R., 2020. "Who competes with whom? Using occupation characteristics to estimate the impact of immigration on native wages," Labour Economics, Elsevier, vol. 66(C).
    6. Chakraborty Tanika & Pandey Manish, 2022. "Temporary international migration, shocks and informal finance: analysis using panel data," IZA Journal of Development and Migration, Sciendo & Forschungsinstitut zur Zukunft der Arbeit GmbH (IZA), vol. 13(1), pages 1-19, January.
    7. Jain, Apoorva & Peter, Klara Sabirianova, 2017. "Limits to Wage Growth: Understanding the Wage Divergence between Immigrants and Natives," IZA Discussion Papers 10891, Institute of Labor Economics (IZA).
    8. Pulido, José & Varón, Alejandra, 2024. "Misallocation of the immigrant workforce: Aggregate productivity effects for the host country," Economic Modelling, Elsevier, vol. 130(C).
    9. Lozej, Matija, 2019. "Economic migration and business cycles in a small open economy with matching frictions," Economic Modelling, Elsevier, vol. 81(C), pages 604-620.
    10. Ted Mouw, 2016. "The Impact of Immigration on the Labor Market Outcomes of Native Workers: Evidence using Longitudinal Data from the LEHD," Working Papers 16-56, Center for Economic Studies, U.S. Census Bureau.
    11. Christian Dustmann & Joseph-Simon Görlach, 2016. "The Economics of Temporary Migrations," Journal of Economic Literature, American Economic Association, vol. 54(1), pages 98-136, March.
    12. Gradstein, Mark & Justman, Moshe, 2019. "Immigration, Diversity and Growth," CEPR Discussion Papers 14008, C.E.P.R. Discussion Papers.
    13. William R. Kerr, 2010. "Breakthrough Inventions and Migrating Clusters of Innovation," NBER Chapters, in: Cities and Entrepreneurship, National Bureau of Economic Research, Inc.
    14. Andrés Rodríguez-Pose & Daniel Hardy, 2015. "Cultural Diversity and Entrepreneurship in England and Wales," Environment and Planning A, , vol. 47(2), pages 392-411, February.
    15. Biavaschi, Costanza & Burzyński, Michał & Elsner, Benjamin & Machado, Joël, 2020. "Taking the skill bias out of global migration," Journal of Development Economics, Elsevier, vol. 142(C).
    16. Céline Piton, 2022. "The labour market performance of vulnerable groups: towards a better understanding of the main driving forces," ULB Institutional Repository 2013/352519, ULB -- Universite Libre de Bruxelles.
    17. Pekkala Kerr, Sari & Kerr, William, 2020. "Immigrant entrepreneurship in America: Evidence from the survey of business owners 2007 & 2012," Research Policy, Elsevier, vol. 49(3).
    18. Pholphirul, Piriya, 2013. "Immigration, job vacancies, and employment dynamics: Evidence from Thai manufacturers," Journal of Asian Economics, Elsevier, vol. 24(C), pages 1-16.
    19. Thierry Baudassé & Rémi Bazillier & Ismaël Issifou, 2018. "Migration And Institutions: Exit And Voice (From Abroad)?," Journal of Economic Surveys, Wiley Blackwell, vol. 32(3), pages 727-766, July.
    20. Stephen Drinkwater & Catherine Robinson, 2013. "Welfare participation by immigrants in the UK," International Journal of Manpower, Emerald Group Publishing Limited, vol. 34(2), pages 100-112, May.

    More about this item

    Keywords

    migrants; European Union; economy; terrorism; economic implications;
    All these keywords.

    JEL classification:

    • F51 - International Economics - - International Relations, National Security, and International Political Economy - - - International Conflicts; Negotiations; Sanctions
    • J15 - Labor and Demographic Economics - - Demographic Economics - - - Economics of Minorities, Races, Indigenous Peoples, and Immigrants; Non-labor Discrimination

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ora:journl:v:1:y:2016:i:1:p:36-45. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catalin ZMOLE (email available below). General contact details of provider: https://edirc.repec.org/data/feoraro.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.