Adonis Diaries

Posts Tagged ‘diversifying Ireland economy

Immigrants are highly welcomed…with exceptions

Germany is suffering of lack of qualified engineers and technicians:  The German engineers are going into retirement (about 36,000 every year).

Germany is readying to open up its borders to Polish qualified immigrants (preferably young and educated Poles) in 2011:  A premium will be paid as a welcoming gestures and special technical training centers opened to initiate these Poles into the needed specialties and learning the German language.

In 2009, half a million Polish workers settled in Germany, and by 2011 Poland will be depleted of its potential youth.

In 2004, two million Polish immigrants flooded England and Ireland and had hard time finding jobs:  Going to Germany on the borders will be less hazardous and kind of feeling at home.

By 2011, Germany will witness the least number of unemployed in twenty years:  Barely 3 million representing less than 4%, while the average in the European Union is 10% as in the USA (these are not the effective rates of unemployed that are double what States recognize in statistics).

Irish are back to their traditional immigration frenzies.

In the last two decades, Irish never considered that immigration will be another option:  Investment of multinational financial institutions were flooding this island and the illusion of an economic boom distracted governments into diversifying Ireland economy.  Now the Irish have no excuses laying it on England for buying immigration tickets.

Irish Parents who raised families are now packing to starting a new life in greener pastures.  Ireland governments invested in infrastructures that supported financial transactions and modern airports but not in industries or agriculture.

The game of quick wealth illusion is over:  The Irish are facing the fact that there are no opportunities in their homeland to sustaining their addictive former life-style.  The US will be glad to re-welcome the Irish who have skills in financial transactions and programming.

The US is very lucky to be situated between Mexico and Canada.  Mexico provides cheap young daily workers and capital and Canada is a vast potential for investments in natural resources and qualified graduates.

Giovanni Peri, assistant professor at the University of Davis, wrote in Foreign Policy in Focus that “Mexican immigrants increase production capacity, stimulate investment, and is a catalyst for specialization.

Young Mexican immigrants never had any negative consequences in the US economy in the last 40 years.  Immigrants are basically competing among immigrants but do not rob jobs to Americans.  When immigrants are hired, productivity increases and Americans are elevated to higher ranks such as supervisors and foremen, simply because they know the language; thus, this process increases the base of the lower middle class.”

Peri went on: “Immigrants complement the economy and do not substitute for existing jobs except when highly educated and specialized.  An engineer cannot do anything alone; give the engineer workers and enterprises are created.  With the dynamic market system in the USA, hundred of thousands of jobs are lost and an equal number re-appear.

The more there are able and young workers on the market and the higher are the odds for creating new enterprises.  In the last 40 years, the active potential doubled and salaries increased 40%.  Immigrant salaries are low but still high compared to what they earn in their homeland, even when the higher cost of living is factored in.”

France and Spain are plagued with discrimination tendencies against immigrants converging from northern Africa, even if they are very educated.  Both States are witnessing very high unemployment rates and budget deficit.

The youth of Spain disregarded universities in the last 2 decades in order to reap quickly the fruits of consumerism:  Spain is suffering from depletion of university graduates and no investment would restart the economy before human educated people are recouped.  Near-sighted policies in both States are increasing the economic gap with Germany and the Netherlands.

Russia has lost 10 million of its population in the last two decades and the same process of aging is going on in Japan.  Fresh immigrants are highly welcomed in Russia and Japan.




June 2023

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