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Giovanni Peri on the Economic Impact of Ukrainian Migration

April 22, 2022

Giovanni Peri says the EU allowing refugees to work and go to school will help turn refugees from being a cost to an asset for host countries. (Lisa Howard/UC Davis)

The war in Ukraine has sparked one of the biggest refugee crises of modern times. So, can Europe afford to accommodate the millions of people coming across its borders? Giovanni Peri says while a crisis of this scale will imply significant upfront costs, the European Union is doing right by investing in the human capital of refugees. Peri heads the Global Migration Center at UC Davis, and in this podcast, he says Ukrainian migrants are an opportunity for many European countries that are experiencing aging populations and labor shortages. Transcript

Giovanni Peri is Professor of Economics at the University of California, Davis, and Director of the Global Migration Center.