Euractiv on OPEN’s study: Les réfugiés, futur moteur économique des pays riches de l’UE

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Georgi Gotev wrote about OPEN/Tent’s refugee economics study for Euractiv on 19 May. « Les réfugiés sont souvent perçus comme un fardeau que l’on se partage ou que l’on esquive, alors qu’en réalité ils représentent une véritable opportunité qu’il faudrait accueillir », explique Philippe Legrain, fondateur d’OPEN et chercheur émérite à l’institut européen de la London School of Economics. « Avec des investissements de départ adaptés, les réfugiés qui travaillent, quelles que soient leurs …

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Quoted in The Economist

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OPEN founding partner Hosuk Lee-Makiyama was quoted in The Economist’s Charlemagne column on what pizza reveals about Italy’s economic woes on 6 June Chefs and farmers, pizza-makers included, have every right to brand their dish and set their own standards. The state must obviously ensure that food is safe. Governments have an interest, too, in guaranteeing the quality of some premium appellations—Champagne, say. But the profligate use of state-enforced GIs …

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IPS on OPEN study: Refugees Bring Economic Benefits to Cities

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Tharanga Yakupitiyage wrote about OPEN/Tent’s refugee study for Inter Press Service (IPS) on 20 May. Author of a new study “Refugees Work: A Humanitarian Investment that Yields Economic Dividends”, Legrain found that refugees and migrants are more likely to start new businesses that create wealth, employ local residents, and stimulate investment. He cites the co-founder of Apple, Steve Jobs, whose father was a Syrian migrant. In Berlin, a Syrian refugee …

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Political Scrapbook: Investing in Welcoming Refugees can Yield Nearly Twice the Amount in Economic Benefits

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Political Scrapbook reported on OPEN/Tent’s refugee study on 18 May. It is the first comprehensive, international study of how refugees can contribute to advanced economies, and focuses on what returns a country can get by investing in refugees. How a country responds to refugees makes a big difference, its points out. At one extreme, the US gives refugees a burst of initial help, after which they are expected to fend for …

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EUObserver: Refugees will give EU economy huge boost

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Nikolaj Nielsen wrote about OPEN/Tent’s study for EUObserver on 18 May. “Refugees are often seen as a burden to be shared or shirked, when in fact they are an opportunity to be welcomed,” he [Philippe Legrain] said in a statement. “With a suitable upfront investment and wise policies, hard-working refugees of all skill levels have a lot to contribute to the economy, individual businesses and the public sector.” Read the …

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Left Foot Forward: Welcoming refugees pays economic dividends, if they’re allowed to work

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Left Foot Forward reported on OPEN/Tent’s study on 18 May. Many [EU countries] provide the worst of both worlds: little help for refugees and high barriers to employment and enterprise. This breeds hardship and failure for refugees, and misplaced resentment towards them from locals. Greater investment in refugees combined with reforms to open up opportunities for progress are both economically and politically desirable.” The key policy recommendation is that countries should …

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Business Insider UK: A prominent economist destroyed the argument against rehoming refugees across Europe

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Lianna Brinded wrote about OPEN/Tent’s refugee study for Business Insider UK on 18 May. Refugees can contribute economically in many ways: as workers of all skill levels, entrepreneurs, innovators, taxpayers, consumers and investors. Their efforts can help create jobs, raise the productivity and wages of local workers, lift capital returns, stimulate international trade and investment, and boost innovation, enterprise and growth. From a global perspective, enabling people to move to …

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