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Published on: December 5, 2017
The migration transition in Asia
Abstract:
"This theoretical discussion of the migration transition in Asia develops a framework to understand the turning point from labor exporter to labor importer experienced by the Asian NIES [newly industrialized economies] (Hong Kong, Korea, Singapore and Taiwan). The author concludes that the NIEs' demand for labor curve shifted rapidly, primarily due to export-led growth of a labor-intensive character. Because these economies are well integrated, improvements in labor market conditions in individual sectors are transmitted to all workers, discouraging emigration."
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