The threat to migration flows

The globalisation witnessed over recent decades has manifested itself in increased flows of trade, capital and people. We have already discussed what the fracturing of the world economy might imply for the first two of these; now we explore what it will mean for global migration flows. We have stressed that fracturing does not simply mean the wholesale reversal of the globalisation in recent decades. And migration is one of the elements of globalisation that could survive largely intact, with overall migration flows even continuing to rise. That being said, governments could increasingly restrict the specific types of migration that are most beneficial for global productivity growth.