Labor Migration is a global phenomenon that is a big issue currently. Although this crisis cannot be solved, there are ways to manage it. A possible solution could include expanded trade between the sending and recipient countries of the migrants. This could potentially help the economy grow and create more jobs. Investing in organizations like KIVA is also a major remedy to this. KIVA is an organization that loans money. Our organization, GIFTS, has joined hands with KIVA to help manage labor migration. Both these solutions could work well; expanded trade as well as these organizations can have great impacts in this cause. Of the different ways to handle labor migration, expanded trade between the sending and recipient countries of the migrants is a major one. The International Labor Organization says that “Although trade and investment often seem to be the slow road to stay-at-home development, the world has found no other path that promises sustained economic and job growth”(Martin). This quote definitely shows how this path can consistently provide jobs and encourage individuals not to migrate. Here is a piece of evidence that proves that this remedy can yield to good results. According to the United Nations Development Programme, “Foreign trade and investment could be a major driving force for Uzbekistan, helping to attain higher and more sustainable economic growth rates through supporting economy modernization and its structural adjustment, creating employment, providing more opportunities…”(Capacity Building and Strengthening Foreign Trade in Investment Promotion Institutions in Uzbekistan). This proves that the outcomes of expanded trade can create employment and provide more opportunities; this in turn, will result in less migration because of the increased job availability. So, expanded trade definitely has the capability of managing labor migration.
Another way to control and reduce labor migration is to use and invest in organizations that target labor migration; especially KIVA. Here is KIVA’s loan cycle; it shows what exactly KIVA does to manage labor migration.
So, KIVA has a very simple idea that involves loaning reliable entrepreneurs money so they can start a business and then the loan gets repaid back to the lenders. This way, individuals are given more options other than migrating in search of better opportunities. Moreover, KIVA’s website shows how well this is working; “$725950.00 lent. 429 loans completely repaid. 3798 new lenders joined. 18.6 hours to fully fund a loan. 1809 entrepreneurs funded” (Impact This Week). This shows the organization’s growing success and amazing impacts. Overall, KIVA is probably one of the safest and foolproof ways of managing labor migration.
Expanded trade between the host and recipient countries of migrants and supporting organizations especially like KIVA are both proven ways to manage labor migration. Trade expansion can consistently provide more jobs and create employment ensuring that individuals don’t have to migrate elsewhere. Also, organizations such as KIVA are facilitating a loaning system that allows reliable entrepreneurs to start their own businesses and make livings. This organization has already shown their promise with high repayment rates and an ever-growing number of lenders. When it comes to controlling labor migration, both these remedies will be highly effective and safe as well.
BIBLIOGRAPHY Martin, Philip. "About the ILO." International Labor Organization. 10 Mar 2008. url here
Remedies to Manage Labor Migration
by VinayLabor Migration is a global phenomenon that is a big issue currently. Although this crisis cannot be solved, there are ways to manage it. A possible solution could include expanded trade between the sending and recipient countries of the migrants. This could potentially help the economy grow and create more jobs. Investing in organizations like KIVA is also a major remedy to this. KIVA is an organization that loans money. Our organization, GIFTS, has joined hands with KIVA to help manage labor migration. Both these solutions could work well; expanded trade as well as these organizations can have great impacts in this cause.
Of the different ways to handle labor migration, expanded trade between the sending and recipient countries of the migrants is a major one. The International Labor Organization says that “Although trade and investment often seem to be the slow road to stay-at-home development, the world has found no other path that promises sustained economic and job growth”(Martin). This quote definitely shows how this path can consistently provide jobs and encourage individuals not to migrate. Here is a piece of evidence that proves that this remedy can yield to good results. According to the United Nations Development Programme, “Foreign trade and investment could be a major driving force for Uzbekistan, helping to attain higher and more sustainable economic growth rates through supporting economy modernization and its structural adjustment, creating employment, providing more opportunities…”(Capacity Building and Strengthening Foreign Trade in Investment Promotion Institutions in Uzbekistan). This proves that the outcomes of expanded trade can create employment and provide more opportunities; this in turn, will result in less migration because of the increased job availability. So, expanded trade definitely has the capability of managing labor migration.
Another way to control and reduce labor migration is to use and invest in organizations that target labor migration; especially KIVA. Here is KIVA’s loan cycle; it shows what exactly KIVA does to manage labor migration.
So, KIVA has a very simple idea that involves loaning reliable entrepreneurs money so they can start a business and then the loan gets repaid back to the lenders. This way, individuals are given more options other than migrating in search of better opportunities. Moreover, KIVA’s website shows how well this is working; “$725950.00 lent. 429 loans completely repaid. 3798 new lenders joined. 18.6 hours to fully fund a loan. 1809 entrepreneurs funded” (Impact This Week). This shows the organization’s growing success and amazing impacts. Overall, KIVA is probably one of the safest and foolproof ways of managing labor migration.
Expanded trade between the host and recipient countries of migrants and supporting organizations especially like KIVA are both proven ways to manage labor migration. Trade expansion can consistently provide more jobs and create employment ensuring that individuals don’t have to migrate elsewhere. Also, organizations such as KIVA are facilitating a loaning system that allows reliable entrepreneurs to start their own businesses and make livings. This organization has already shown their promise with high repayment rates and an ever-growing number of lenders. When it comes to controlling labor migration, both these remedies will be highly effective and safe as well.
BIBLIOGRAPHYMartin, Philip. "About the ILO." International Labor Organization. 10 Mar 2008. url here
"Uzbekistan." UNDP. 30/11/2007 . United Nations Development Programme. 10 Mar 2008 <http://www.undp.uz/en/projects/project.php?id=36>.
"loans that change lives." KIVA. 10 Mar 2008 <http://www.kiva.org/>.