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Consequences of Refugee Crises on German Economy

Raluca-Marilena Mihä‚lcioiu ()
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Raluca-Marilena Mihä‚lcioiu: Spiru Haret University, 13 Ion Ghica Street, Bucharest, 030045, Romania

International Conference on Economic Sciences and Business Administration, 2016, vol. 3, issue 1, 114-117

Abstract: Even in 2016 thousands of new refugees arrived to Germany. Many of them are potential qualified workers to strengthen the German economy. But there are also critical consequences. Not any Syrian that arrived Germany is a doctor. Not any refugee woman is a nurse. Many refugees have no work experience and possess low formal vocational qualifications. Exactly the academic and vocational qualifications play a crucial role when it comes to successfully integration refugees into German society. For migrants to find a job in Germany, it is very important that the Qualifications they bring with them are in demand on the German labor market. On the one hand, it is crucial that they learn German, on the other hand they should seek German recognition of their academic and vocational certificates. This paper aims to present an overview of the consequences of high refugee immigration on German Economy.

Keywords: refugees; labour market; employment; macro economy; integration (search for similar items in EconPapers)
JEL-codes: H50 I15 J16 J61 (search for similar items in EconPapers)
Date: 2016
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