Handbook of Migration and Globalisation
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Handbook of Migration and Globalisation

Edited by Anna Triandafyllidou

This Handbook explores the multifaceted linkages between two of the most important socioeconomic phenomena of our time: globalisation and migration. Both are on the rise, increasing in size and scope worldwide, and this Handbook offers the necessary background knowledge and tools to understand how population flows shape, and are shaped by, economic and cultural globalisation.
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Chapter 16: Migration and economic adjustment: lessons from Indonesia and the US

Matteo Sandi


This chapter argues that migration has the potential to be the strongest equaliser of the economic circumstances of individuals across different labour markets. I review the conceptual and empirical arguments behind the idea that migration can generate economic adjustment. I discuss the importance of migration both in prosperous times and in times of economic downturn. In the final part of this chapter, I discuss some empirical evidence on the effectiveness of migration during the deepest economic crises since the mid-1990s, namely the East Asian economic crisis in Indonesia in 1998 and the Great Recession in the US in the late 2000s.

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