Thursday, 23 February 2012

Australia: Link Between Immigration And Economic Growth Yet To Be Proven.

In Australia, an analysis made by the Productivity Commission has found that evidence proving high and increasing immigration levels drives economic growth is elusive.

And while it's at it the analysis also concluded that immigration cannot adequately address the issues affecting an ageing society.
In an analysis of the "big Australia" debate in its 2011 annual report published yesterday, the commission said the economic impact of immigration "is sometimes clouded by misperception".
"Two benefits that are sometimes attributed to immigration, despite mixed or poor evidence to support them, are that immigration is an important driver of per capita economic growth, (and) immigration could alleviate the problem of population ageing," it says.
The commission also notes immigration doesn't affect household wages overall, though particular sectors could be adversely affected if there were a large influx of skilled immigrants.
And it warns that trying to slow the impact of an ageing population on the economy by bringing in young workers is only a sugar hit.
These findings are nothing new.  A British House of Lords study released in 2008 found that record levels of immigration to the U.K. brought negligible economic benefit the nation.  Here in Canada a study by the Fraser Institute found that immigration costs more in tax dollars every year than it sends to government coffers.

So here we have three countries with mass immigration polices.  And we have three immigration policies that all fall short of generating the kind of promised economic growth that was supposed to bring benefits to Canada and Canadian.   It was assumed that immigrant driven population growth would bring economic growth and prosperity to all but we know that assumption is a dead one so let's bury it six feet under where it belongs.

1 comment:

Anonymous said...

The Aussies are incredibly vocal about immigration.