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Problem versus opportunity: Implications of immigration for workers’ welfare and entrepreneurship in Germany
Recent worldwide socioeconomic and political developments have increased immigration pressure on developed economies. Receiving countries are putting enormous efforts into understanding the repercussions of immigration better, particularly the refugee waves. This column describes how in Germany, one of the largest recipients of refugees, different demographic groups experienced heterogeneous welfare effects of immigration between 2012 and 2017, with marginal losses to the welfare of the average worker. These losses can be partly mitigated by the recently established cooperation on worker mobility between Germany and India.
