Saturday, February 18, 2017

Open Immigration Helps UK Economy Stay Strong




There are certain groups that focus on checking the numbers and seeing what could happen in the future. They do not simply predict what could happen in the future but they make a good guess and a good estimate on how things can go. They use numbers and they use data to be able to do so.

With regards to this, a report done by PricewaterhouseCoopers (PwC), a network that focuses on professional and multinational services, has reflected that with the way things are going and with what the numbers are saying, the economy of the world is going to double by the year 2050. PwC is currently based in London, United Kingdom, and is one of the largest when it comes to providing professional services.

The stand of the United Kingdom economy

The report has continued to disclose that if the United Kingdom would want to have a strong economy and one of the top players by 2050, it should be able to have an open immigration and this immigration should be friendly to all who are planning to be a part of the UK community.

Aside from that, the report had also reflected that if the United Kingdom can create and build new connections and trades that are successful, the country would be able to cling to the 10th spot as one of the world’s best economies by 2050. Of course, this can be a possibility if they would not burn bridges and if the country would continue to create new connections that they would need for trade.

It was also discussed in the report that another great help to the country’s economy would be to be open when it comes to immigration even after the country decides to exit the European Union. Britain is currently working with a good economy and is reaping the benefits of having an open immigration policy as the immigrants to the country are helping bring in more to the economy.

The current situation of the United Kingdom

In the report, PwC disclosed that they are foreseeing that the country will be going down one spot when it comes to parity of purchasing power. It has also been shared that if the country decides to push through with putting huge limits when it comes to immigration, then their parity would not be something that the country would be able to achieve.

The country still has to have connections and make use of the talents and skills of people who may come from various parts of the world.

 

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