Sample Essay Paper on Date Refugee Situation Influence the Balance of Payments

The net direct monetary involvement of the itinerant is low as compared to contribution of the native citizens.  This due to the fact that the migrants pay lesser taxes. This can be credited to minimal employment opportunities. The net financial participation of migrants could be escalated by improving labour force participations. However, refugees can move from net recipients to net contributors upon getting employed.

Refuges put a net burden on the nations that hosts them when evaluated in the short-term. The truth is immigrants contribute fiscally to the host nations though this takes some years. It is worth noting that monetary effects cannot be effectively evaluated on taxes and revenue lines.

Arguing from a humanitarian point of view, refuges help in complementing the value-based thinking. This goes beyond tax returns and government expenditure to aspect such as opening of fresh markets, filling worker niches, boosting economies of scale, improving innovations and creativity as well as expansive consumer markets for local products.  In addition, immigrants supply labour and stimulate labour markets in ageing populaces and stimulate growth in regional sections.

Upon shifting to foreign countries, refuges encounter many obstacles in getting employed. However, the situation gets healthier in theelongated run. This pushes some of therefugees to take on consumerist activities.  According to Shanks, investors who became US citizens who benefit the American economic position (203). This serves a critical aspect of establishing commerce and development connection with their origin countries. Moreover, the opportunities for growth in the industry are broad.

Some refuges opt to participate in volunteer programs as part of the amalgamation progression.  This constitutes to the economic benefit of the host nation since it comprises of financial transactions. Nevertheless, the informal nature of volunteers makes it complicated to quantify the refuge’s contribution to the economy. The feeling that refuges are of little fiscal impact and that they impose demands upon arrival on thehosts administration at the expenseof the tax payer is not truth.

Some citizens in the US feel that refuges occupy employment position thatwould have otherwise been occupied by the locals. However, immigrants lead to increased creation of jobs because they consume products and more workers are needed to produce new products. Thus, refugees do not shoot up the rates of joblessness.

In addition, refuges have very little impact on the prices of wages. This means that they do not affect the balance of payment negatively in the long term. In the contrary, it leads to more administration revenues that are higher than the expenditures that directly go to them.

As more and more refuges go into a state, skills are diversified and enhanced. This increases economies of scale by enhancing innovations. This may be motivated by the confrontations faced in a new country and the need to get a better life. Refuges come with collective and personal skills and experiences and small motivations they establish business that directly or indirectly impacts the economic activities of the host nation.

The citizens in the US should overcome being short-sighted when evaluating the economic contribution of refugees. Short term cost occurs as the refuges resettle but upon successful resettlement, the immigrants contribute massively to the society they have resettled. The long-term contributions outdo the short-term costs.Refugee polices that violate refugee rights undermine the legitimacy of international organizations (Barnet and Duval 183). This is despite thelocals in the US feeling threatened by the intrusion of refuges. It important that refugee protection is prioritized and pursued to the later.

 

Works Cited

Barnett, M. & Duvall, R. Power in Global governance. Caambridge Univeristy Press. 2004. Print.

Shanks, Cheryl. Immigration and the Politics of American Sovereignty, 1890-1990. Ann Arbor: University of Michigan Press, 2002. Print.