3 Second, the source of the migration impulse also matters – higher inward migration to New Zealand that is driven by a weaker Australian economy tends to result in a higher unemployment rate – all else equal – while inward migration to New Zealand driven by other factors has the opposite effect.
The nation states have rather revived in the wake of the financial and economic crisis. Draghi: The nation states do not need to be abolished, but their policies need to be better coordinated. Why can we not make structural reforms together, in parallel across several countries? Why do the countries not establish common objectives and monitor debt developments together?