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WASHINGTON (Reuters) - Rapid aging of both wealthy and middle-income countries will make their economies increasingly dependent on migration from poorer countries, and the process needs to be better managed, the World Bank said on Tuesday.
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Rapid aging of both wealthy and middle-income countries will make their economies increasingly dependent on migration from poorer countries, and the process needs to be better managed, the World Bank said on Tuesday.
Migration has become an urgent global development challenge, as diverging demographic trends and the growing impact of climate change compounds trends arising from welfare gaps and conflict and violence. As governments continue efforts towards achieving sustainable and inclusive growth amid multiple crises, migration, if managed well, can be a positive force for development, bringing benefits for migrants as well as origin and destination countries. Join us for the global launch of the World Development Report 2023: Migrants, Refugees and Societies.
The WDR 2023 will focus on three main themes: drivers of mobility and the role of development; impacts and policy responses; and the need for collective action to strengthen the nexus between international protection and development
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