How can international trade and investment policies support migrant entrepreneurship and development?

由人工智能和领英社区提供技术支持

Migrants are often driven by the desire to improve their lives and contribute to their host and origin countries. Entrepreneurship is one way that migrants can achieve these goals, as well as create jobs, innovation, and social value. However, starting and growing a business across borders is not easy. It requires access to markets, finance, skills, networks, and supportive policies. How can international trade and investment policies support migrant entrepreneurship and development? In this article, we will explore some of the key challenges and opportunities that migrants face, and how trade and investment agreements, frameworks, and initiatives can help them overcome them.

本文章的要点总结

Entrepreneurial visas:

Simplifying visa processes can attract more migrant entrepreneurs, spurring innovation and job creation. By easing access, you provide a welcoming business environment that can lead to economic growth.
Inclusive policies:

Embrace cultural diversity in your business practices to unlock the full potential of migrant entrepreneurs. Cultivating an inclusive atmosphere fosters collaboration, enriches perspectives, and drives development.

本摘要由 AI 和以下专家提供支持

1 Trade barriers and opportunities

One of the main challenges that migrant entrepreneurs face is how to access and compete in foreign markets. Trade barriers, such as tariffs, quotas, standards, regulations, and subsidies, can raise the costs and risks of exporting or importing goods and services. They can also limit the availability and diversity of inputs, products, and customers. On the other hand, trade opportunities, such as preferential access, trade facilitation, harmonization, and cooperation, can lower the barriers and increase the benefits of cross-border trade. For example, the African Continental Free Trade Area (AfCFTA) aims to create a single market for goods and services among 54 African countries, which could boost intra-African trade and create new opportunities for migrant entrepreneurs from and within the continent.

添加您的观点

Shanu .

Team Lead - DMFT||IIM-V||Ex- MGNF Jamui||Ex-L&T||NIT Kurukshetra
举报内容
International trade and investment policies can help migrant entrepreneurs by lowering trade obstacles, improving access to funding, and encouraging skill development. Streamlining immigration procedures, establishing entrepreneurial visas, and promoting social inclusion are critical. Trade agreements promote diaspora engagement, cross-border networking, and collaboration, which increases opportunities. Supporting digital infrastructure and e-commerce enables global involvement. Overall, policies that remove prejudice give financial access and create an environment conducive to skill development, empower migrant entrepreneurs, fostering economic growth.

已翻译

赞
Dennis Ayzin

CEO at ScheduleInterpreter.com, Inc. - we are building the largest marketplace for professionals working in the language industry.
举报内容
International trade and investment policies can bolster migrant entrepreneurship and development by fostering inclusivity. Policies should streamline visa processes, provide financial support, and encourage cross-border partnerships. Additionally, promoting cultural diversity in business environments and offering targeted training programs can enhance the capacity of migrant entrepreneurs. By aligning policies with the needs of migrants, nations can harness their entrepreneurial potential, fostering economic growth and social integration.

已翻译

赞
Carlos Guillermo Saco Lock

Gerente General en NOVA FinTech SAC
举报内容
Las políticas internacionales de comercio e inversión desempe?an un papel esencial al respaldar el espíritu emprendedor y el desarrollo de migrantes mediante la implementación de diversas medidas y enfoques. Más allá de promover la inclusión y diversidad en el ámbito empresarial, estas políticas generan un entorno propicio para que los emprendedores migrantes contribuyan con sus ideas y experiencias únicas al crecimiento económico global. Así, el respaldo a través de políticas internacionales no solo refuerza la integración a escala mundial, sino que también impulsa de manera significativa la participación de los migrantes en la construcción de un desarrollo económico sostenible a nivel global.

已翻译

赞
S K Ahmed Raza

"Strategic MBA in International Management | Healthcare & Pharma | FMCG Leader | Market Research Expert | Driving Global Growth & Innovation"
举报内容
Reducing Trade Barriers: Lowering tariffs, quotas, and other trade barriers can facilitate the movement of goods and services, making it easier for migrant entrepreneurs to access international markets. Trade Agreements: Negotiating trade agreements that include provisions on migrant entrepreneurship can provide specific protections and benefits for this group.

已翻译

赞

2 Investment barriers and opportunities

Another challenge that migrant entrepreneurs face is how to access and mobilize finance for their businesses. Investment barriers, such as capital controls, foreign ownership restrictions, legal uncertainty, and political risk, can discourage or prevent migrants from investing in their host or origin countries. They can also limit the sources and types of funding available, such as bank loans, equity, crowdfunding, or remittances. On the other hand, investment opportunities, such as investment protection, promotion, facilitation, and liberalization, can increase the security and attractiveness of cross-border investment. For example, the EU External Investment Plan (EIP) aims to leverage public and private funds to support sustainable investment in Africa and the EU neighborhood, which could benefit migrant entrepreneurs who have business ideas or connections in these regions.

添加您的观点

Dr. Svetlana Mamkina

?Everything you need to develop your business internationally is finely found in one place | CEO Nexus-Europe | Certified PMP
举报内容
Anti-money laundering policies are crucial for protecting financial systems and stopping illegal activities. However, these rules should not make it impossible for legitimate foreign investors to start and run their businesses. Speaking from decades of experience working with foreign investors aiming to open businesses in Germany, I have observed barriers at every step. These include challenges or even the impossibility of opening bank accounts due to AML policies. While maintaining strict AML standards, there should also be streamlined processes that allow legitimate entrepreneurs to open and operate their businesses without facing challenges, delays, and excessive paperwork.

已翻译

赞
S K Ahmed Raza

"Strategic MBA in International Management | Healthcare & Pharma | FMCG Leader | Market Research Expert | Driving Global Growth & Innovation"
举报内容
Promoting Investment: Encouraging foreign direct investment (FDI) and facilitating the flow of capital can provide migrant entrepreneurs with the resources needed to start and expand their businesses. Investment Protection: Implementing measures to protect the rights of foreign investors, including migrant entrepreneurs, can create a more secure and attractive investment environment.

已翻译

赞

3 Skills development and recognition

A third challenge that migrant entrepreneurs face is how to acquire and demonstrate the skills and qualifications needed for their businesses. Skills development and recognition policies can affect the ability of migrants to access education, training, mentoring, and certification programs in their host or origin countries. They can also affect the recognition and transferability of their skills and credentials across borders. For example, the EU Skills Agenda for Sustainable Competitiveness, Social Fairness and Resilience aims to improve the quality and relevance of skills development and recognition systems in the EU and beyond, which could help migrant entrepreneurs acquire and showcase their competencies and talents.

添加您的观点

S K Ahmed Raza

"Strategic MBA in International Management | Healthcare & Pharma | FMCG Leader | Market Research Expert | Driving Global Growth & Innovation"
举报内容
Skills Assessment: Recognizing the skills and qualifications of migrant entrepreneurs can help them access employment opportunities and establish their businesses. Education and Training: Providing access to education and training programs can help migrant entrepreneurs develop the skills needed to succeed in their businesses.

已翻译

赞

4 Networks and diaspora engagement

A fourth challenge that migrant entrepreneurs face is how to build and leverage networks and relationships that can support their businesses. Networks and diaspora engagement policies can affect the extent and quality of the social, professional, and institutional ties that migrants have with their host and origin countries. They can also affect the incentives and mechanisms for migrants to engage in trade, investment, innovation, philanthropy, or advocacy activities that can benefit their businesses and communities. For example, the Global Forum on Migration and Development (GFMD) is a state-led, informal, and non-binding platform that facilitates dialogue and cooperation on migration and development issues, which could help migrant entrepreneurs connect and collaborate with other stakeholders.

添加您的观点

5 Policy coherence and coordination

A fifth challenge that migrant entrepreneurs face is how to navigate and influence the complex and often fragmented policy environment that affects their businesses. Policy coherence and coordination policies can affect the consistency and alignment of the trade and investment policies with other policies that impact migrant entrepreneurship, such as migration, development, labor, education, innovation, or environment policies. They can also affect the participation and representation of migrants and their associations in the policy-making and implementation processes. For example, the UN Global Compact for Safe, Orderly and Regular Migration (GCM) is a non-binding, cooperative framework that sets out 23 objectives and commitments for enhancing the governance of migration, which could help migrant entrepreneurs advocate for their interests and needs.

添加您的观点

S K Ahmed Raza

"Strategic MBA in International Management | Healthcare & Pharma | FMCG Leader | Market Research Expert | Driving Global Growth & Innovation"
举报内容
Integrated Approach: Ensuring that trade, investment, migration, and development policies are aligned can create a more supportive environment for migrant entrepreneurs. Collaboration: Fostering collaboration between governments, international organizations, and the private sector can help to implement effective policies and programs.

已翻译

赞

6 Here’s what else to consider

This is a space to share examples, stories, or insights that don’t fit into any of the previous sections. What else would you like to add?

添加您的观点

Md. Mizanur Rahaman

Country Coordinator, Bangladesh at Research Intelligence Unit
举报内容
We would say regarding above facts by fostering an inclusive environment. This includes easing regulations for migrant entrepreneurs, promoting fair access to markets, and encouraging cross-border investment. Additionally, policies should address social integration, education, and skills development to empower migrants in their entrepreneurial pursuits.

已翻译

赞
Geddy van Elburg

International Digital Marketing & Analytics Consultant @ Ionmoon BV | Cross Cultural Analysis | Public Speaking and Managing director @ MKB Trade Office.
举报内容
In export and global commerce, migrant entrepreneurs, even more than other entrepreneurs, have to face cross-cultural dynamics. Cross-cultural challenges for migrant entrepreneurs are multifaceted, impacting communication, marketing strategies, and consumer behaviour analysis. Policies to support migrant entrepreneurs should also promote cultural agility in business, enabling them to adapt products and services to diverse and international markets. Support in developing cross-cultural market analysis skills can lead to more nuanced customer insights and tailored communication, which is essential for success in the global market and ensuring marketing strategies and business operations resonate across cultural boundaries.

已翻译

赞

加载更多内容

International Economics

+ 关注

给文章评分

我们借助人工智能创建了此文章。您认为这篇文章怎么样？

很棒不太好

举报此文章

查看全部

How can international trade and investment policies support migrant entrepreneurship and development?

1

2

3

4

5

6

1 Trade barriers and opportunities

2 Investment barriers and opportunities

3 Skills development and recognition

4 Networks and diaspora engagement

5 Policy coherence and coordination

6 Here’s what else to consider

International Economics

给文章评分

感谢您的反馈

更多International Economics相关文章

更多相关阅读内容