LIVE TV
ZEE Business
ZEE BUSINESS
हिंदी में पढ़ें  हिंदी में पढ़ें
Live TV
Live TV
  • Home
  • Budget 2021
  • Personal Finance
    • PPF
    • Mutual Funds
    • Income tax
    • EPFO
    • Income Tax Calculator
    • Personal Loan Calculator
    • Car Loan Calculator
    • Home Loan Calculator
    • SIP calculator
    • SWP Calculator
    • MF Returns Calculator
    • Lumpsum Calculator
  • India
    • Companies
    • Property
    • Startups
    • Uidai
  • Economy
    • Aviation
  • Tech
    • Mobiles
    • Apps
  • Auto
    • Cars
    • Bikes
  • Markets
    • Commodities
    • Currency
  • Jobs
  • Indian Railways
  • World
    • Economy
    • Politics
    • Markets
  • videos
  • photos
  • Authors
  • More ...
    • VIDEOS
    • PHOTOS
Read in App
Business News » World News

EU migration boost public coffers in most of Europe - study

  • Twitter
  • Facebook
  • Linkedin
  • whatapp
  • View in App
Updated: Thu, Mar 22, 2018
05:48 am
Reuters
RELATED NEWS
Infosys Chairman Nandan Nilekani on India's Digital Economy I Kotak Institutional Equities highlights details Infosys Chairman Nandan Nilekani on India's Digital Economy I Kotak Institutional Equities highlights details
Digital economy to outpace GDP growth, will result in 'competitive advantage period' for leaders in digital space highlights ICICI Securities Digital economy to outpace GDP growth, will result in 'competitive advantage period' for leaders in digital space highlights ICICI Securities
#GSTMakeItEasy: Facing GST related issues? Big initiative by Zee Business - Tweet your problems now! Check all details here #GSTMakeItEasy: Facing GST related issues? Big initiative by Zee Business - Tweet your problems now! Check all details here
India’s economy picking up steam, estimate recovery at 10% in FY22: S&P Global India’s economy picking up steam, estimate recovery at 10% in FY22: S&P Global
RBI Monetary Policy: Governor Das says repo rate unchanged, sees GDP at 10.5 pct for FY22, inflation at 5.4 pct for Q4FY21 RBI Monetary Policy: Governor Das says repo rate unchanged, sees GDP at 10.5 pct for FY22, inflation at 5.4 pct for Q4FY21

Migrant European Union workers have boosted the public finances in most countries in Europe, chief among them Switzerland, Cyprus, Norway and Belgium, according to an academic study published on Thursday.

Those four countries experienced the biggest benefit as they received proportionally large numbers of workers from within the EU, many of them highly-skilled workers, the research by Sweden`s University of Uppsala showed.

"Our analysis shows that in most countries in the European Economic Area, EU citizens pay slightly more in taxes and other contributions to the state than they receive in services, meaning that they make a net fiscal contribution," Rafael Ahlskog, a co-author of the report, said.

The authors said the report was the first major analysis of the fiscal impacts of European migration in the EEA - which includes the 28 EU member states plus Norway, Iceland and Liechtenstein - and in Switzerland.

Other academic studies have also suggested EU migration tends to help the public finances of host countries although, as shown in the study published on Thursday, the impact is generally believed to be small as a share of national economies.

The University of Uppsala report showed 21 of 29 countries studied got a fiscal boost from EU migration while seven Eastern European nations and Ireland lost out slightly because EU migrants in those countries tended to be older or lower paid.

Switzerland had the biggest net positive effect at 1.7 percent of gross domestic product, followed by Cyprus on 1.3 percent. Norway and Belgium each saw a boost of 0.8 percent.

In Britain, where worries about migration played a part in the decision by voters in 2016 to leave the EU, the fiscal boost from migration from the bloc was seen at 0.3 percent of GDP.

The report did not consider the impact on the public finances from emigration which has seen some countries, typically in Eastern Europe, lose large numbers of working-age people, putting a strain on the funding of public spending.

(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)

Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.

TAGS:
Economy
RELATED NEWS
Infosys Chairman Nandan Nilekani on India's Digital Economy I Kotak Institutional Equities highlights details Infosys Chairman Nandan Nilekani on India's Digital Economy I Kotak Institutional Equities highlights details
Digital economy to outpace GDP growth, will result in 'competitive advantage period' for leaders in digital space highlights ICICI Securities Digital economy to outpace GDP growth, will result in 'competitive advantage period' for leaders in digital space highlights ICICI Securities
#GSTMakeItEasy: Facing GST related issues? Big initiative by Zee Business - Tweet your problems now! Check all details here #GSTMakeItEasy: Facing GST related issues? Big initiative by Zee Business - Tweet your problems now! Check all details here
India’s economy picking up steam, estimate recovery at 10% in FY22: S&P Global India’s economy picking up steam, estimate recovery at 10% in FY22: S&P Global
RBI Monetary Policy: Governor Das says repo rate unchanged, sees GDP at 10.5 pct for FY22, inflation at 5.4 pct for Q4FY21 RBI Monetary Policy: Governor Das says repo rate unchanged, sees GDP at 10.5 pct for FY22, inflation at 5.4 pct for Q4FY21

LATEST NEWS

Indian Army conduct basketball, wushu competitions for youth in Jammu and Kashmir's Budgam

TMC Candidates List 2021 - Names of 291 candidates announced for West Bengal Elections; See Complete List Here

Jathi Ratnalu trailer launch: WATCH! Prabhas launches Naveen Polishetty-starrer movie, spots new look

Stamp duty cut led to demand recovery in real estate sector: Gautam Singhania, Raymond

Trinamool candidate list 2021: Over 20 MLAs, ministers dropped from TMC candidacy for upcoming Assembly polls

Post Office Schemes: Good news for savings account holders! Withdrawal limit hiked from Rs 5,000 to Rs 20,000 at these branches

Samsung Galaxy XCover 5 rugged smartphone launched: Check price, availability and other details here!

PUBG Mobile India update: Important message from Krafton! India relaunch soon? Check here

In chat with Anil Singhvi, analyst Vikas Sethi picks Kotak Bank, RIL as top buys for big returns

Call of Duty Mobile vs Garena Free Fire comparison: Here's all you need to know about these battle royale games

  • India News
  • World News
  • Companies News
  • Market News
  • Personal Finance News
  • Technology News
  • Automobile News
  • Small Business News
  • Income Tax Calculator
  • Live TV
  • Videos
  • Photos
  • Author
  • Rss Feed
  • Advertise with us
  • Privacy Policy
  • Legal Disclaimer

Latest Trending Updates

  • EPFO
  • Budget 2020
  • Income Tax Return
  • Auto Expo 2020
  • Home Loan
  • Business News

Trending Topics

  • Income Tax
  • income Tax Calculator
  • 7th Pay Commission
  • Reserve Bank of India
  • GST
  • Latest Business News

Follow us on

zeebiz
zeebiz

Partner Sites

  • Zee News
  • Hindi News
  • Marathi News
  • Bengali News
  • Tamil News
  • Malayalam News
  • Gujarati News
  • Telugu News
  • Kannada News
  • DNA
  • WION
Copyright © Zee Media Corporation Ltd. All rights reserved