POLITICAL ECONOMY OF ILLEGAL MIGRATION: PROFITS AND FALLOUTS
Keywords:
POLITICAL ECONOMY, ILLEGAL MIGRATIONAbstract
Migration – an age old phenomenon has been globalized in the modern world. Economic interests
of governments, politicians and businesses the world over have given rise to the phenomenon of
illegality and also criminality in migration. States have utilized this phenomenon to their own
advantage, while the host economies have benefited hugely. Conversely, economies of the sending
countries have suffered due to lost taxes and development opportunities. This has given rise to
the political economy of illegal migration. The resulting informal economy has been either a boon
or a bane to the host or the sending economies. Governments of developed countries have tried to
capitalize on the negative aspects as it was found that illegal migration has been misconstrued for
different reasons by different interest groups. Globalization has added new meanings to the overall
phenomenon of migration. Well being of the citizen and economy of the labour deficit developed countries on the one hand, and development needs of the third world sending countries on the other
are needed to manage labour migration, whether legal or illegal. Both the sending and receiving
countries have a lot at stake in addressing this issue. Therefore, a deeper and clearer understanding
of the phenomenon, its underlying causes and sincere efforts including policy reforms is necessary to
address the problem. Third world countries, and Bangladesh in particular have a lot to lose or gain
and thus should take a leading role in this matter.
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