History
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History
...... To better explain, the economic convergence was already generated by numerous factors and it similarly produced certain effects. And one of the effects was this migration, which was actually only possible due to the economic convergence. In other words, if the economies had not registered similar growth rates, the population would not have been tempted to change their residence to less developed countries. But since most global economies were growing at the same rate, the labour force found it easier and less risky to change their locations and jobs
On the other hand, if we consider that the migration generated the economic convergence, we would have to believe that increased migration is a highly important macroeconomic factor. And it actually is, but not so major as to create great international effects, such as economic convergence. And also, the convergence was generated by similar progresses in the industry and other sectors, not the migration of the workforce......
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