Do Migration, Trade, and FDI Reduce Poverty? Lessons Learned from The European Union

Authors

  • Raisa Adilla Universitas Indonesia

DOI:

https://doi.org/10.36312/ijpi.v1i1.1722

Keywords:

Economic Integration, Trade, FDI, Migration, Poverty

Abstract

The COVID-19 pandemic has disrupted the process of economic integration by restricting the movement of goods, capital, and labour (migration) across borders, accompanied by an increase in poverty rates. Therefore, it is crucial to anticipate what might occur in the post-pandemic era. Will migration, trade, and foreign direct investment (FDI) be effective in alleviating poverty? This paper draws insights from the European Union (EU), the world's largest common market, to address this question. It assesses the impact of migration, trade, and FDI on poverty using data from the EU-28 countries spanning the period of 2009-2018, which was prior to the pandemic. The findings suggest that the promotion of free trade, unrestricted capital flow, and unrestricted migration may not necessarily lead to poverty reduction.

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Published

2024-01-10

How to Cite

Adilla, R. (2024). Do Migration, Trade, and FDI Reduce Poverty? Lessons Learned from The European Union. International Journal of Population Issues, 1(1), 51–68. https://doi.org/10.36312/ijpi.v1i1.1722

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