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Distress Migration

The Refugee Surge in Europe: Economic Challenges

Author : Shekhar Aiyar, Bergljot Barkbu et al | 2016
Published By: IMF

This note focuses on one facet of this complex issue, the economic aspects of the surge in asylum seekers in the European Union (EU), where asylum applications in 2015 have surpassed those in any of the last thirty years. This surge has exposed flaws in the common asylum policy and is raising questions about the EU’s ability to quickly integrate the newcomers into the economy and society. Security, political, and social concerns compound these challenges. A better understanding of the economic aspects could help inform the political debate.

URL : https://www.imf.org/external/pubs/ft/sdn/2016/sdn1602.pdf

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