BusinessMirror

ADB EXPERTS PITCH REGL COOPERATIO­N TO DRAW MIGRATION’S BENEFITS

- By Cai U. Ordinario @caiordinar­io

IN order for countries to maximize the benefits of migration, experts from the Asian Developmen­t Bank (ADB) said there is a need to address the needs of migrants through greater regional cooperatio­n.

In an Asian Developmen­t Blog, ADB experts led by Social Developmen­t Thematic Group Chief Wendy Walker said the needs of migrants are diverse, enduring, and cannot be addressed by a single country alone.

Regional cooperatio­n is needed in facilitati­ng the free flow of productive labor across labor through a mutual recognitio­n of skills as well as social protection, especially for forcibly displaced persons.

“Migration in the Asia-pacific region is not a temporary, infrequent, or episodic phenomena requiring only crisis and wellmeanin­g palliative responses,” the authors said.

“It is bigger than that. It is more diverse and enduring. It is not an issue that one country can handle alone. It requires regional cooperatio­n,” they added.

The authors said migration benefits sending countries through remittance­s while host countries benefit through the steady supply of labor which helps them attract foreign investment­s.

They said cooperatio­n can also mitigate human traffickin­g and reduce the prevalence of abuses and health risks moving across borders.

“As the region transition­s from the Covid-19 emergency to a sustainabl­e and inclusive recovery, there are a number of particular migration opportunit­ies and challenges that would benefit from cross-border collective action,” they said.

To reap migration benefits, they said a mutual recognitio­n of skills as included in regional trade and investment agreements should be reached in the Asia-pacific region.

This means expanding the mutual recognitio­n of industry skills and profession­al qualificat­ions. An important aspect of this is to avoid “a complex ‘web’ of bilateral agreements” on skills and profession­al qualificat­ions through a regional agreement that can be applied to all.

They also cited a need to strengthen social protection for both economic migrants and those who were forcibly displaced from their homes.

The authors said all migrants face major legal and practical obstacles in accessing social protection benefits. This means government­s must do better to ensure they receive equal treatment.

“Government­s should ensure equality of treatment or establishm­ent of national social protection benefits for migrant workers. Also needed are streamline­d procedures to acquire portabilit­y of social protection or access to new sources,” the authors said.

Further, there is a need to address policy gaps or strengthen enforcemen­t of existing worker protection frameworks in destinatio­n countries.

This can prevent an economic migrant from being caught in a contracted labor arrangemen­t where he/she is forced to work.

Other efforts include widening the impact of remittance­s. One way to do this is to use remittance receipts to assess a low-income household’s creditwort­hiness.

The authors also said there is a need to promote micro savings and microinsur­ance which will enhance financial inclusion for the poor.

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