New study questions economic consensus on immigration

A new paper challenges the consensus that higher immigration leads to economic growth, arguing countries can prosper with lower immigration.
The paper questions assumptions that shrinking populations spell economic disaster and that immigration solves problems like labor shortages.
The UK has not become noticeably richer despite high immigration over 20 years. Japan has performed decently with low immigration.
Immigration has benefits but also costs like straining infrastructure. It may reduce incentives to automate.
The economic consensus that high immigration is always positive is breaking down. We need serious discussion beyond shibboleths.

telegraph.co.uk

Relevant topic timeline:

8/20/2023

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