On October 21, 2020, a report “Human Mobility, Shared Opportunities: A Review of the 2009 Human Development Report and the Way Ahead” was released by the United Nations Development Programme (UNDP) stating how governments can shape migration to benefit development and boost recovery.
- The report assessed how future policy responses could facilitate safe, orderly, and regular migration.
- This report marked 30 years of its annual Human Development Reports.
–The forced migration has doubled over the last 10 years to around 79 million people therefore to fight with its cause is essential for development.
–Efforts need to be redoubled to focus on progress over the next ten years to achieve the Sustainable Development Goals (SDGs) and the Agenda 2030.
- Governments are required to focus on expanding legal pathways, reducing transaction costs on remittances, guaranteeing migrants’ rights, especially for women, fostering integration and social cohesion, and mobilizing diasporas.
–Notably, in 2015 migrants generated 9% of global gross domestic Product (GDP) although they make up for only 3.5% of the world’s population.
–In accordance with the Research by the International Monetary Fund (IMF) and the World Bank (WB), a percentage increase in the migrant share of the population in high income countries boosts per capita income by 2%. If immigrants increased the workforces of wealthy countries by 3%, that would boost world GDP by US$356 billion by 2025.
Recent Related News:
i.On September 11, 2020, The latest report for revised GDP forecast FY 21 by CARE Ratings Limited-CARE ( formerly Credit Analysis and Research Limited) projected India’s GDP (Gross Domestic Product) to contract by 8.0 – 8.2%(- 8.0% to -8.2%) in FY 21.
ii.The United Nations Children’s Fund (UNICEF) released its first report titled “Lives Upended How COVID-19 threatens the futures of 600 million South Asian children” focusing on the South Asian region on the impacts of COVID-19 on children.
About United Nations Development Programme (UNDP):
Administrator– Achim Steiner
Headquarters– New York, United States of America (USA)