Journal of International Business and Management (JIBM)

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Volume 4 | Issue 8 | 2021


Title: The Impact of Migration on Economic Growth and Human Development: The Case of the Philippines

Author(S): Minh Doan Van

Corresponding Author Affiliation*:  Dai Viet College, Vietnam

Abstract:

This study examines the impact of migration on economic growth and human development using the selected number of migrants from 1985-2021. The panel’s estimates confirm that social spending, domestic investment, including finance, income inequality, income and human poverty are significant decisive factors for human development or GDP per capita in the Philippines. The study also shows the importance of including other factors for future studies on the link between remittances and the development of the country. The policy recommendation in this research is the government needs to take appropriate measures to manage the source of migrants as well as to avoid the problem of gray matter bleeding for talents.

Keywords: Migration, Economic Growth, HDI, Philippines

DOI: https://doi.org/10.37227/JIBM-2021-07-1078

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Print ISSN: 2616-5163 Online ISSN: 2616-4655

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