In many countries, foreign labor is an important part of the economy. Using migrant labor can contribute to the development of a country, but it can also cause economic problems. What are some of the advantages and drawbacks of expatriate labor for a country’s economy?

With cutting-edge technology and innovative transportation system, globalization is more and more accelerated. In
this
case, a variety of foreign manpower can go around the world. Some people may think that they can improve the development of a nation;
while
the opposites argue that it can
also
lead to economic and competitive problems.
To begin
with, migrant
labour
can efficiently reduce the pressure of lack of
labour
. As we know,
due to
the lower birth rate, the
labour
shortage has become one of the serious problems in
this
generation occurring in numerous countries,
for instance
, Japan, Hong Kong, and
also
Taiwan.
In other words
, migrant
labour
can offer enterprises more varied and wider laboratory options
instead
of sticking to domestic workers. Employers can
also
have double options to hire the most suitable worker for that distinctive and professional position.
Nevertheless
, the opposites argue that if companies start to hire foreigners as domestic
labour
, it would dramatically influence younger adults' employment and highly increase their stress.
According to
national research, the unemployment rate is gradually become a serious issue recently;
however
, the former rate may affect a country’s economic performance and GDP as well.
Hence
, it is concerning that our government allows enterprises to hire migrant
labour
without complete laws, intact limitations, and criteria. The importance of cooperation with enterprises to regulate isolated rules can not be underestimated. In conclusion, it is undoubtedly that there are a variety of benefits to using
labor
Change the spelling
labour
show examples
from overseas seeing that
this
method can indeed lessen the manpower shortage problem which has already occurred in the country.
Nonetheless
, in my opinion, the national government should figure out laws and standards to manage foreign
labour
, not only to protect domestic workers but
also
to offer indemnity to migrants on salary
as well as
safety aspects.
Submitted by wayne685241 on

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