Sharechat Logo

Non-English speaking migrants more valuable - NZIER

Tuesday 30th June 2009

Text too small?

New Zealand's immigration policy should target more non-English speaking migrants because of their value in opening up new markets and tourism, according to a research report by the New Zealand Institute for Economic Research, released today.

The "Trade, Diaspora and Migration to New Zealand" report sifts migration and export industry data to show a direct correlation between increased migration from a country leading to greater trade with that country.

"On average, if New Zealand receives 10% more migrants from a particular country, exports to that country grow by 0.6% and imports from it by 1.9%.

"The benefits are greatest when migrants come from developing countries where English language is not dominant," NZIER's chief economist, Jean-Pierre de Raad said.  "Their ability to speak languages other than English, navigate legal systems and draw on social and commercial networks in their origin countries are all valuable tools in stimulating trade."

If immigration policy concentrated more on increasing trade, as opposed to the current heavy focus on English-speaking migrants to address local skills shortages, it should look more to such non-English speaking sources of migrants.

"Given our relatively poor performance in terms of international linkages, perhaps a revision of the strategic objectives of immigration policy is warranted," the Institute said.

 

 

Businesswire.co.nz



  General Finance Advertising    

Comments from our readers

No comments yet

Add your comment:
Your name:
Your email:
Not displayed to the public
Comment:
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Related News:

CDC Independent Valuation - 30 June 2025
TruScreen Group Limited SPP Update
THL provides updated guidance
CEN - Greymouth gas deal
July 4th Morning Report
July 3rd Morning Report
ikeGPS Chief Financial Officer Transition
TWL - TradeWindow announces strategic partnership with FTA
BLT - Patent issue settled and new 5 year agreement with BSP
July 2nd Morning Report