| ▲ | jojobas a day ago | ||||||||||||||||
Per capita GDP is falling with every new migrant. I don't think it's the kind of GDP growth anyone wants to have. | |||||||||||||||||
| ▲ | nl a day ago | parent | next [-] | ||||||||||||||||
This isn't really right. GDP per capita is mostly static since a large increase pre-COVID during the explosive China growth years 2005-2020. Most variations since are exchange rate variations more than actual changes in GPD vs population (GDP is usually denominated in USD)[1],[2] Low GPD per capita is definitely NOT correlated with high migration, which decreased in the years GPD per population decreased[3] If anything low migration is inversely correlated with higher GDP over the last 25 years: high immigration is correlated with higher GPD per capita - but I don't think one should draw a causal link here: the cause of GDP growth in AUstralia is generally accepted as increased raw material exports to China, and that has led to higher employment. [1] https://data.worldbank.org/indicator/NY.GDP.PCAP.CD?location... [2] https://tradingeconomics.com/australia/gdp-per-capita [3] https://www.macrotrends.net/global-metrics/countries/aus/aus... | |||||||||||||||||
| ▲ | rsynnott a day ago | parent | prev [-] | ||||||||||||||||
For skilled immigration, this is highly unlikely to be the case. | |||||||||||||||||
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