The Impact of Financial Crises on International Migration

Lessons Learned

Format *
The current global economic crisis is impacting migration patterns and processes around the world. A reduction in migration flows globally has been reported. Migrant workers are laid off, and while some return home, others stay. How to respond to these migration impacts poses challenges for policymakers in both countries of origin and destination. Against this background, this Report considers the lessons for migration policy to be learned from the major financial crises of the 20h century, namely the Great Depression (1930s), the oil crisis (1973), the Asian financial crisis (1997-1999), the financial crisis in Russia (1998), and the Latin American financial crisis (1998-2002). As the impact of previous crises on migrants and migration has been uneven and unequal across countries and regions, depending on a range of factors, this Report draws out the wider lessons for policy that can be learned from previous responses to economic crises.

Details:

Agency/Department
International Organization for Migration
Print ISBN
9789211036695
PDF ISBN
9789210556286
Print Publication Date
PDF Publication Date
Page Count
44
Print Sales Number
11.III.S.2
Series Title
IOM Migration Research Series

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