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Migration and Globalization
Migration and Globalization
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Migration
Motives
The motives for leaving the place where one was born or grew
up ranges from economic, environmental, cultural, and
political.
Neoclassical Theory capital expenditures and dry up the supply of
unskilled labor and heightens pressure on real wages.
- Migration flows are an outcome of regional wage
inequalities.
- Migration only stops when wage inequality is
identical to migration costs. Thus, whenever wage
disparities grow between any two regions, individual
propensities to migrate will intensify.