In February 2017 The European Parliament Committee on Culture and Education published a commissioned report on Migrant Education: Monitoring and Assessment which indicated that migrants travelling to OECD countries were often more qualified than the native population. But are qualifications enough to succeed in the new country of residence?
The Organisation for Economic Co-operation and Development (OECD) is an international organisation with its roots in the aftermath of World War II. Officially established in September 1961 following a collective agreement that European interdependent economic cooperation was the way forward, the OECD currently has circa 39 Worldwide Members and accounts for around 80% of world trade and investment. Its aim is to “help governments foster prosperity and fight poverty through economic growth and financial stability,” through data collection and analysis, discussion and decision making, implementation and review which includes multilateral surveillance.
According to a recent OECD publication, International Migration Output 2017, around 5 million people made permanent migration to OECD countries in 2016 and in 2015 in excess of 1.6 million family migrants received a residence permit, representing almost 40% of the total permanent migration inflow. Main findings recorded that in 2015, 124 million individuals had been born outside of the country of their residence, in 2016 more than two in three OECD migrant residents were employed (67.4%) and migrants are overly represented in routine tasks, that is 47% of those who were working. When it come to family migration, “compared to other groups of migrants, adult family migrants seem to integrate more slowly in the labour market of the host country. In Europe, they achieve employment levels similar on average to those of other migration categories and natives only after 20 years of stay”. This integration issue is incredibly challenging.
So what about education in relation to financial health, stability and integration? We already know that there are many contributory factors that lead to safely reaching a destination however, appropriate academic education and successful navigation of finances are an essential combination for economic stability, independence and interdependence.
A number of international organisations have come together to address this critical ‘success’ strategy. Over the next few weeks we shall explore some of the policies and projects to raise the financial awareness, knowledge and agility of migrating people.
Shepperson and Shepperson Consultants Ltd
Lesley Shepperson / www.zongonews.com / firstname.lastname@example.org