MARKET 1 Lecture 14:
Document Summary
What is really happening in europe with the refugee crisis: migrants are being treated like illicit cargo, which leads to horrifying conditions for those people migrating. Even if price of transit has gone up, the service has worsened. Africa, negotiating some kind of peace in syria, doing more to help people in refugee camps: shrink the supply of goodies migrants can expect on arrival. Ex: now denmark is buying ads in lebanon to warn people that is has toughened its immigration policies and has halved its welfare benefits: open the market"s choke points. Many of the people who die on the way to europe are political refugees. On the economics and politics of refugee migration. Here: europe is still feeling the aftershocks of the financial crisis and is characterized by populist and separatist movements: the refugees who head towards europe are culturally more distinct, and far larger numbers than those in the 1990s.
