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Emigration as a Growth Strategy

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  • Charles Kenny

    (Center for Global Development)

Abstract

The model of manufacturing export-led growth followed by a number of countries in East Asia and beyond is becoming ever more complex to emulate. But new pathways to rapid growth for developing countries are emerging. Higher-income countries are seeing rapidly declining working-age populations, creating an increased demand for immigrants. Emigration is already a significant source of household income and human capital investment, and remittances are on a similar scale to manufactured export revenues for many countries. But for emigration to be a key element of a growth strategy requires harnessing migration for structural transformation, involving a focus on emigration to countries that can provide the needed skills, investment and trade opportunities to accomplish that.

Suggested Citation

  • Charles Kenny, 2026. "Emigration as a Growth Strategy," Policy Papers 385, Center for Global Development.
    • Handle: RePEc:cgd:ppaper:385
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