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Economic Impact of Global Migration Expected to Reach $20 Trillion Annually by 2050

Affected by the ongoing pandemic, accelerating climate change, and geopolitical and economic destabilizers, millions of people have moved across borders since the start of 2022. While cross-border migration currently generates an annual economic output of around $9 trillion, this figure could more than double by 2050, to around $20 trillion a year, according to aAffected by the ongoing pandemic, accelerating climate change, and geopolitical and economic destabilizers, millions of people have moved across borders since the start of 2022. While cross-border migration currently generates an annual economic output of around $9 trillion, this figure could more than double by 2050, to around $20 trillion a year, according to a » The FINANCIAL WORLD ....

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