Immigrants can have both positive and negative impacts on the economy from "summary" of Issues in the Economics of Immigration by George J. Borjas
George J. Borjas delves into the complex relationship between immigrants and the economy, highlighting that the impacts can be multifaceted. On one hand, immigrants can contribute to economic growth by filling labor shortages, increasing productivity, and stimulating innovation. By bringing diverse skills and ideas, they can help businesses expand and create new job opportunities. This influx of human capital can also lead to a more dynamic and competitive market, ultimately benefiting consumers through lower prices and better services.
However, the presence of immigrants in the workforce can also have negative implications for certain groups within the economy. For instance, native-born workers may face increased competition for jobs, particularly in industries where immigrants are concentrated...
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