Conversely, countries of emigration—the origins of migrant workers—face a separate set of effects, both beneficial and challenging.
One significant advantage is the stream of remittances sent back home by migrants. This influx of funds can alleviate poverty, increase spending power, and elevate living standards for families left behind. It may also help in equalizing employment rates by providing an outlet for excess labor.
- Increased remittances
- Reduced unemployment
- Elevated family living standards
However, not all consequences are positive. The phenomenon known as 'brain drain' can impede national development; when the educated and highly skilled workforce leaves, it often results in a shortage of professionals like doctors, engineers, and educators. Moreover, diminishing labor force can lead to a decrease in the domestic productivity which, in turn, may hamper economic growth.
- Potential 'brain drain'
- Shortage of skilled professionals
- Reduced domestic productivity
Recognizing these factors is vital as it informs domestic policy focused on education, economic incentives, and overall workforce management strategies.