Emigration as a Growth Strategy

Charles Kenny

No 385, Policy Papers from 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.

Pages: 31 pages
Date: 2026-03-19
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Persistent link: https://EconPapers.repec.org/RePEc:cgd:ppaper:385

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