StudentShare solutions
Triangle menu

Economic cost of illegal migration - Essay Example

Not dowloaded yet

Extract of sample
Economic cost of illegal migration

This statistics clearly mentions the height of immigration and its effect on the Americans. Surely, Mexican's will be benefited, if the immigration is allowed into United States because another research states that after export and oil sales, money sent by legal and illegal immigrants working in US is one of the largest revenue streams ('Economic Costs of Legal and Illegal Immigration'). World economic welfare will be severely affected as the nation which donates good amount towards welfare will have to divert its fund towards those immigrants. Economic welfare in the context of immigrants is to provide economic stability and growth to all the legal and illegal immigrants.
2) Monetary Union is a union between countries that use the same currency which is managed by one common central bank (Grauve, 113). Following are the monetary unions which are currently functioning:
b) Brunei - Singapore Monetary Union: The currency under operation is Singapore dollar which is utilized by Brunei and Malaysia. Under tripartite arrangement, the currency of one country was circulated in other country (Kee Jin, 2).
c) South Asian Association for Regional Cooperation: The SAARC was established in 1985 integrating common currency of 'Rupee' among South Asian countries like Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan and Sri Lanka.
d) The United States: This monetary union was formed with the congregation of 13 original US colonies utilizing US dollar as the common currency.
e) Central American Monetary Union Council - Established in 1964 by the central banks of Costa Rica, El Salvador, Guatemala, Honduras and Nicargua in order to promote the coordination of credit and exchange policies and the countries deal in dollar
f) Eastern Caribbean Central Bank: The union was created in 1983 managing EC dollar for eight Caribbean countries.
g) West African Economic and Monetary Union (WAEMU): WAEMU was formed in 1994 with the congregation of eight countries sharing CFA (Communaute Financiere Africaine) Franc as a common currency.
h) Central African Economic and Monetary Community (CAEMC): Was formed with six countries sharing CFA (Cooperation Financiere en Afrique Centrale)Franc as common currency among them (Monetary Unions [Current and Future]).

3) Both, the products of Borden and General Foods are targeted younger generation. The Lady Borden ice cream and cheese has been created to provide them a glimpse of United States culture, their tastes and preference through the packing of cheese whereas the chewing gum ad campaign is made for French citizens which is visible in the ad campaign wherein most of the ads are shot at beach places. France has good number of beaches and the chewing gum spreads the message of refreshness through Hollywood chewing gum.

4) The services provided by IMF and World Bank are public goods as both the organizations deal in urban and rural development, financial assistance and other development programmes aimed at poverty alleviation. The services provi ...Show more

Summary

1) The trend of illegal immigration between United States and Mexico goes back to 19th century when the flow of immigration was low as compared to recent times. The impact of illegal immigration affects the economy of United States drastically. If legal immigration policy is formulated between United States and Mexico, it should be noted that United States will be on the losing side as it will have to cater to the needs of that much number of immigrants entering into their territory…
Author : makenzieruecker
Economic cost of illegal migration essay example
Read Text Preview
Save Your Time for More Important Things
Let us write or edit the essay on your topic
"Economic cost of illegal migration"
with a personal 20% discount.
Grab the best paper

Related Essays

Unseen Aspects of Illegal Migration
Unseen Aspects of Illegal Migration The number of illegal immigrants in the US has reached nearly 12 million, as Passel states in Pew Hispanic Center. Presently, the records prove that 25% of all agricultural jobs are done by illegal immigrants. Similarly, ‘17% of office and house cleaning jobs, 14 % of construction jobs and 12 percent of food preparation jobs’ are done by illegal immigrants (Passel)’.
3 pages (750 words) Essay
Describe and Dispel Four Popular Myths about the US.Court System
This partition of powers allows for both the autarky and the impressive power play of the judiciary. This paper discusses four myths regarding the US Court Systems which is composed of various autonomous courts. Myth 1: Myth of Double Jeopardy The first myth is regarding the criminal justice system which under the Fifth Amendment of the US Constitution states that no person shall “be subject for the same offense to be twice put in jeopardy of life or limb.” (Balko, 2011) This safeguard, also known as ‘double jeopardy’ according to popular belief deters the Courts from retrying the same person over and over for the same crime, until s/he gets a conviction.
4 pages (1000 words) Essay
Illegal immigration and its impact on the economy
Policy analysts, government officials, as well as scholars have sought to ascertain the political, social, as well as economic impacts of the illegal immigrants (Hanson 11). In particular, there has been raging debate as regards the economic impact of illegal immigration to the United States of America.
5 pages (1250 words) Essay
Illegal immigration
Poverty is one of the main issues in underdeveloped nations (Muller (a) 312). It is also the main reason that makes people migrate to developed nations. Immigrants from all over the world have been coming to the United States for a long time (Muller 29). Unsecured borders play a vital role in facilitating the entry of illegal immigrants.
3 pages (750 words) Essay
Discuss the economic and demographic arguments for and against new labour migration
In order to ensure that the new policies put in to consideration the future population and economic trends, thorough study and analysis of effects of migration on population and economy need to be done. Only through this, will UK nations benefit from migration policies in both short and long term (Borjas 2000).
10 pages (2500 words) Essay
Economic migration and globalisation
This paper analyses the issue of economic migration in the world today.The terms globalisation and economic migration are defined and different types of economic migration are described. The theoretical perspective known as positive globalist approach is explained and then its links with the topic of economic migration are explored.
5 pages (1250 words) Essay
Economic Migration
Also, asylum seekers(Drozdek, 2004) have described personal experiences of violence which includes as well as assaults on their economic, social, and cultural institutions. Additionally, most of the asylum seekers are highly skilled and previously some came from high standards of living.
4 pages (1000 words) Essay
Illegal Immigration
There are many dynamics involved but seldom is the viewpoint of the immigrants evaluated. The issue lies squarely within the responsibility of the Federal government because individual states and
4 pages (1000 words) Essay
Illegal immigration
It is suffice to say however that America has reached where it is because of its citizens being utterly hard working and visionary. It is the fruits of their labor which have transformed a once
5 pages (1250 words) Essay
Describe and dispel four popular myths about the US.court system
This partition of powers allows for both the autarky and the impressive power play of the judiciary. This paper discusses four myths regarding the US Court Systems which is composed of various autonomous courts. The first myth is regarding the
4 pages (1000 words) Essay
Get a custom paper written
by a pro under your requirements!
Win a special DISCOUNT!
Put in your e-mail and click the button with your lucky finger
Your email
YOUR PRIZE:
Apply my DISCOUNT
Comments (0)
Rate this paper:
Thank you! Your comment has been sent and will be posted after moderation