Benchmark
The World’s Advanced Economies Should Think Twice About Curbing Migration
Halting immigration would drastically reduce the working age population of G-7 nations, potentially slowing growth
WELLINGTON, CO - SEPTEMBER 03: Migrant farm workers from Mexico harvest organic spinach.
Photographer: John Moore/Getty ImagesThis article is for subscribers only.
It may have fallen out of political favor, but a world without migration looks bleak for advanced economies.
Analysis of United Nations data by Fitch Ratings shows halting immigration would drastically reduce the potential working population of Group-of-Seven nations, leaving aging societies more dependent on a smaller labor force and resulting in greater financial stress on pension systems and potentially slower growth.