Meeting the Challenge: The Response

Bimal Ghosh

Chapter 5 in The Global Economic Crisis and the Future of Migration: Issues and Prospects, 2013, pp 163-182 from Palgrave Macmillan

Abstract: Abstract A distinguishing and redeeming feature of the 2008–2009 recession was the impressive array of measures that governments around the world took to combat it and the speed at which they did so. Not surprisingly, the fall in global output was arrested after five quarters. By contrast, output decline continued for a further eight quarters in the economic crisis of 1929–1930. This chapter reviews some of the measures taken by governments in the wake of the recession and offers some suggestions to improve the situation as the economic downturn continues to place heavy strain on the world migration system. These are presented more in the form of lessons learnt so that they could also be useful in future if the world ever faces a similar economic upheaval as it did in 2008–2009 - or, if the economic downturn remains unabated.

Keywords: Labour Market; Migrant Worker; Human Trafficking; Origin Country; Global Economic Crisis (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-29130-1_6

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DOI: 10.1057/9781137291301_6

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