Emerging Trends in Banking and Finance by Nesrin Ozatac & Korhan K. Gökmenoglu

Author:Nesrin Ozatac & Korhan K. Gökmenoglu
Language: eng
Format: epub
ISBN: 9783030017842
Publisher: Springer International Publishing

Fig. 1.Overall figures on migration on the OECD countries

Most of migrants for the period 2000–2015 are in Germany, the total number was 3,047,006 people. Germany is a popular country for migration, because of its loyalty. While Japan, which is in the seventh group—countries with the number of migrants from 300,000 to 400,000 people, is a country of stable migration, with a total of 5,355,166 migrants for the period of 2000–2015.

Spain, with a total of 7,325,227 migrants, employed migrants in the informal sector of the economy (construction and home-based job). This country is attractive from the ethnocultural point of view for immigrants from various Spanish-speaking Latin American countries, who are easier to adapt. Spain is a country of new immigration.

Despite the fact that Switzerland is in the third group, the total number of migrants was 1,985,774 people. The countries of this group have been the most attractive for migrants for all the years. As can be seen, between 2000 and 2012, Austria hosted up to 100,000 migrants per year, and in 2015 the inflow of migrants increased twice. The need to receive and distribute refugees and illegal migrants to the EU from the countries of North Africa, the Middle East and South Asia played an important role. Italy, with a total number of migrants of 5,180,739 people, has undergone significant changes, turning from a country of emigrants (as of today 4 million Italians live abroad) to the object of active immigration. This country is attractive more because of geographical location than economic activity.

At the same time, migrants seeking a better life show interest to economically more active countries (Fig. 2).

Fig. 2.Employment rates by place of birth and educational attainment (25–64), percentage

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