Friday, 25 February 2011
PHILIPPINES: Harvard prof: PH emigration to slowdown in 30-40 years
Harvard professor Dr. Jeffrey Williamson talked to Business Nightly on Wednesday to talk about
He said that every emigrant-sending country has gone through the following stages: rising, leveling, then descending. "I don't expect Philippines to be any different," he said during the interview.
Key driving forces for the eventual easing off include demography and improving job choices at home.
He explained that as young adults emigrate, the number of young adults at home as a share of the population will be less. "The exit rate will tend to ease off," he said. Read more.