The role of immigration lawyers in the worldwide economy.

by Hudson Mckenzie Lawyers and Solicitors who understand you

Fortress Europe cannot hold the global wealth, nor can the American Dream be realized in one Land of Opportunity only. The rising interdependence of all economic activity makes it hard to understand – much less outline rational policy with respect to – any specific local, regional, or national economy without considering it in the context of the global economy.

Global wealth is much more now than at any earlier time in history. While overall wealth in the United States and Europe has risen since 2000, the wealth of emerging countries has increased much faster. In fact, the quantity of the world’s wealth that emerges from emerging economies has pleated since the year 2000. It is not just over but the entire wealth growth in emerging economies sourcesmainly from new wealth creation, whereas wealth growth in established economies comes primarily from the appreciation of existing assets. Technology has not only linked global economies, it has donated directly to tremendous global wealth production. The technology industry controls the growth of emerging markets, since technology firms can be established with a relatively lower initial investment in labor, materials and cash.

To narrate effectively to the rising cast of characters on the global economic platform, the United States must comfy the talents and investments of those from around the globe who still watch America as the Land of Opportunity. As President Obama recently said in his State of the Union Address, “When people visit here to realize their dreams – to learn, discover, and contribute to our culture – they make our country a more lucrative place for businesses to find and create jobs for everyone.”

A reputed immigration law firm in London has stated that the challenges encountered by the United States in expressing immigration policies that will allow it to continue to be a robust player in the global economy are paralleled in Europe, checking the need for reform.

The American propensity toward protectionism is subjugated in the expression of “fortress Europe” among the general public, policymakers and possible immigrants to Europe. As in the United States, Europe’s labor market encounters a dearth of skilled workers. Empirical researchesdiscover that in Europe as in the United States, the influences of economic immigration, particularly of skilled workers, are positive, not opposite. Though attracting skilled immigrant workers will be essential for Europe as the economy becomes ever more globally interconnected, public discourse and public policy on immigration in Europe is short of a coherent direction. The expansion of the European Union and running economic turmoil in Europe have fanned anti-immigrant rhetoric, and even violence against immigrants in Europe. Though Europe has a clear economic need for skilled immigrants, the competing voices at national and European Union levels make the formation and implementation of a coherent policy really hard.

In recent times, there have been a few affirmative developments in European policies toward skilled immigrants, such as the 2009 introduction of the Blue Card, which allows high-skilled non-EU citizens agreed to work in one EU country to live and work in other EU countries as well. But highly skilled immigrants to Europe face a jerry-rigged of national policies, necessitating temporary permits granted at the discretion of immigration officials and immigration law firm in London, and thus a bleak future in their would-be adopted homes.

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About Hudson Mckenzie Advanced   Lawyers and Solicitors who understand you

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Created on Jan 24th 2019 02:25. Viewed 291 times.


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