Beyond Boarders: Harnessing Immigration for Economic Growth | Muhammad Babandede, OFR | TEDxNWU

Migration Challenges & Opportunities - The report highlights the exploitation of migrants, particularly women, who are often sexually abused and underpaid in countries like Saudi Arabia and Dubai [13] - Irregular migration routes expose migrants to dangers, with some spending as much time traveling as previous generations despite modern transportation [7] - Artificial intelligence poses a threat to migrant workers as automation could displace up to 400 million people globally [17] Policy Recommendations - The report urges for policy shifts in national migration policies to negotiate labor agreements that ensure fair wages and protection for migrant workers, with a portion of their earnings sent home through official channels [13][14] - Advocate for a reverse migration strategy to bring back skilled migrants and scientists to contribute to national development [17] - The report suggests re-evaluating and redefining national borders to facilitate safer, more regular, and beneficial migration for national development [24] Economic Impact of Migration - Remittances contribute significantly to the economy, with 37 billion NRA (currency not specified, needs clarification) realized in 2004, but the report suggests better investment strategies for these funds [10][11] - Migration is a North-South issue, with the Global South often losing skilled workers to the North, hindering their own development [10][11] - The report emphasizes that migration, if managed well, can benefit individuals, sending countries through remittances used for development, and receiving countries [17]