Migration and Globalization
Title
Migration and Globalization
Author
Peters, Margaret E.
Research Area
Social Processes
Topic
Globalization
Abstract
Scholarship on globalization since the 1970s has focused on the increasing integration of world markets for goods, services, and capital. International migration, by comparison, has received relatively little attention. As recent scholarship has shown, the absence of migration from studies on globalization has made our understanding of other aspects of globalization incomplete. Immigration policy interacts with trade and capital policy. All three policies affect firms' production strategies and their support for openness in the other policy areas. Migration, trade, and capital flows also interact. For instance, increased migration can increase trade and investment as well as help states maintain fixed exchange rates. This entry discusses these effects in greater detail and discusses paths for future research.