By IMF Podcasts
WASHINGTON, USA – The war in Ukraine has sparked one of the biggest refugee crises of modern times. So, can Europe afford to accommodate the millions of people coming across its borders?
Giovanni Peri says while a crisis of this scale will imply significant upfront costs, the European Union is doing right by investing in the human capital of refugees.
Peri heads the Global Migration Center at UC Davis, and in this podcast, he says Ukrainian migrants are an opportunity for many European countries that are experiencing aging populations and labor shortages.
Giovanni Peri is Professor of Economics at the University of California, Davis, and Director of the Global Migration Center.
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