EU Migrant Crisis: Economic Burden or Opportunity?

cris.sourceIdoai:journals.unwe.bg:article/409
dc.creatorPavlov, Atanasen
dc.date2020-12-17
dc.date.accessioned2026-09-24T23:12:15Z
dc.date.available2026-09-24T23:12:15Z
dc.descriptionWhile welcoming refugees increases the public spending of European countries in the short term, it also increases aggregate demand in the economies, which increases the GDP of nations, due to the increased demand for domestic goods and services. In the long term, as migrants are integrated into the market, the fiscal system begins to receive financial benefits as these migrants begin to contribute to the social system of the state. Acceptance of refugees is particularly important for European nations struggling with a declining workforce because of aging population and declining birth rate - so as Bulgaria. While skilled refugees can contribute to healthcare system, engineering and business, unskilled refugees could work to care for the elderly as well as low-skilled labor. Therefore, the refugee crisis could serve as a key tool for many European nations as it enables them to welcome new members of their workforce and ensure continuous economic growth in the future.en
dc.formatapplication/pdf
dc.identifierhttps://rp.unwe.bg/index.php/rp/article/view/409
dc.identifier10.37075/RP.2020.5.04
dc.identifier.urihttps://ds.e-dnrs.org/handle/123456789/1407
dc.languagebg
dc.publisherAcademic Publishing UNWE (AP-UNWE)en
dc.relationhttps://rp.unwe.bg/index.php/rp/article/view/409/401
dc.rightsCopyright (c) 2020 Atanas Pavlov (Author)en
dc.rightshttps://creativecommons.org/licenses/by/4.0en
dc.sourceResearch Papers of UNWE; No. 5 (2020); 61-75en
dc.subjectMigrationen
dc.subjectEU refugee crisisen
dc.subjectEconomic burdenen
dc.subjectEconomic opportunityen
dc.subjectAging populationen
dc.subjectF - International Economicsen
dc.subjectH - Public Economicsen
dc.subjectJ - Labor and Demographic Economicsen
dc.subjectO - Economic Development, Innovation, Technological Change, and Growthen
dc.titleEU Migrant Crisis: Economic Burden or Opportunity?en
dc.typePeer-reviewed Articleen

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