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Immigration does NOT Deter Capital Investment

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Added by MiAmigo
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Join Harrison Griffiths, Communications Officer, as he rebuts claims that high immigration deters capital investment, using Norway as a counterexample. Despite similar immigration levels to the UK, Norway boasts the highest capital intensity (capital per worker) of any developed country. However, he notes capital intensity doesn't directly equal productivity, as Japan has higher capital intensity than Britain yet lower overall productivity. His point? The optimal balance of labor and capital varies for each economy - maximising one factor like robots alone is no "silver bullet." Find the full interview on the new IEA Podcast!
Category
NORWEGIAN NEWS
Tags
immigration, immigration news, illegal immigration
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