By Chika Amanze-Nwachuku, CNN • Updated 7th April 2018
Tokyo (CNN) — One of the greatest effects of the 2004 Asian financial crisis was the peak in population growth recorded during those years.
This achievement occurred mainly thanks to massive immigration to countries that had suddenly seen a boom in their economies.
Not surprisingly, migrants — especially recent migrants — had high levels of wealth and financial assets, which naturally exacerbated their desire to remain in the country where they were born and raised.
This phenomenon is known as permanent and temporary naturalization.
However, as the migrant population remains significant and globally resonates as a trend that’s likely to continue, experts are debating whether or not increased immigration is a good thing for member states in the Organization for Economic Cooperation and Development (OECD).
For instance, how will countries deal with the data migration generated by a large number of young people who now want to remain in the same region of the world?
One solution comes from an academic. Prof. Nikita Sreitikhin of the University of Michigan joins us to discuss why the “economic return” to various borders seems to be waning.
By S.H. MURUNEI, Communications Associate and editor-in-chief, Kuni Miyake