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GDPs Without Borders

Content for Mains Enrichment (CME)

Source: TOI

 

Japanese farmers are hiring labour from India to cut and carry down Koyamaki (umbrella pines) from mountains, due to its ageing populations.

Significance: This mutually beneficial agreement helps Japan with its worker shortages and India with its overabundance of young farmers.

 

Usage: The example can be used to justify that—Creating barriers to immigration hurts both richer and poorer countries. Facilitating a more immigrant workforce will benefit the global economy and create GDPs Without Borders.