The Effects of Immigration-Free-Samples for Students-Myassignment

Question: Discuss about the Effects of Immigration on New Zealands Economy. Answer: Immigration has a number of effects to the economy of any country leave alone that of New Zealand. Immigration can result to the economic drain in many cases and there are recorded few cases where immigration has resulted to the economic boost. Such cases happen rarely in some countries and mostly recorded in the developing nations. It is worth noting that due to the ever increasing population in New Zealand, the country is experiencing an economic boost courtesy of a number of factors that are contributed by the bulge in the population (Alesina et al, 2016).The growth in the economic sector due the population increase has seen the nation record a 0.7 increment in the Gross Domestic Product in the last quarter of 2016 bringing the overall national growth in the national product to 2.9%. The high record of immigration has seen the nation rise up in the primary sector investment by a considerable margin of 5.4% in the first quarter of the fiscal year of 2017. New Zealand has experience d an upsurge in the demand patterns for the commodities as the incoming population has always created room for more commodities. The production industries have no way been left behind as they are producing commodities to suit the market niche so as help deal with the case of shortage in the market that can see the nation experiencing economic crisis and due to commodity rationing in terms of supply. The economic gaps created by the immigrants are beneficial to the countrys economy as they create more space for the supply and chain departments to create room for the inventory (Bak-Klimek et al, 2015).The hiding costs are reduced and thus the movement of goods to the market is easy and much cheaper. The immigrants create more room for production industries thereby creating employments in the economy. New Zealand on overall has seen 7.7% job increment in almost all sectors of the econ y that deal with the production of the basic commodities like food to mention but a few (Boubtane et a l, 2015). It is evident from the findings that immigration can bring along both negative and positive impacts to the economy depending on the direction that the national policies have taken in as far national planning goes. The national planning committee for the immigration and emerging trends of any nation and for New Zealand in particular ought to operate with the mind of the existence of emergencies. In case of emergencies, there should be a way out in the solving the problem due to the influx of the people in the nation like the case of the immigrants in New Zealand. The nation needs to put in place strategies to curb the ever increasing population in the country despite the economic gains realized so far so as to avoid overstraining of the countrys resources in the wake of meeting their needs. Recommendations and Future Research Immigration in the country due to political reasons and wars can be controlled through restrictions in order for the country to balance its citizens needs through prioritizing of their most subtle ones (Bowen et al, 2013).Economic sectors in the nation like the food production industries should be subsidized in future so as to avoid the cases of overtrading that has seen to the collapse of most of them. There is need for the economic policies to be streamlined in a manner that they respond appropriately to the influx of population and other emerging trends which come along as time progress. The future research should seek to get information from the grass root levels about the impact of inflation to the New Zealands economic parameters and at the same time have the practical feel of what takes place, so as to validate the already set findings in the current statistics. Consideration of the negative impacts to the economy should also not be left out in the next coverage. A critical fe w of the negative contributions can help the nation to make amendments where there is need for the same (Bowen et al, 2013).It is also very important for the national budget of the nation to allow room for adjustment for cases of immigration so as to avoid future problems in the allocation of the resources to the entire public. Shortages should not be experienced and if any, then they should be recorded in small figures. References Alesina, A., Harnoss, J., Rapoport, H. (2016). Birthplace diversity and economic prosperity.Journal of Economic Growth,21(2), 101-138. Bak-Klimek, A., Karatzias, T., Elliott, L., Maclean, R. (2015). The determinants of well-being among international economic immigrants: A systematic literature review and meta-analysis.Applied Research in Quality of Life,10(1), 161-188. Boubtane, E., Dumont, J. C., Rault, C. (2015). Immigration and economic growth in the OECD countries 1986-2006. Bowen, H. P., Wu, J. P. (2013). Immigrant specificity and the relationship between trade and immigration: theory and evidence.Southern economic journal,80(2), 366-384.