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The Overseas Development Institute (ODI) outlines the importance of technology in relation to migration in their briefing. Migrants with skills in the technology & information sector contribute in significant ways to innovation and research. Migrants and diaspora groups also are important channels in transferring technology from host countries back to countries of origin, through direct knowledge, remittances sent back home, and investments in enterprise development and research institutions.
According to UNICEF, the world population is expected to reach 8 billion by 2025. In less than a decade, the sustainability of the next billion will be a task for the current generation of youth to address. While middle-high income countries are experiencing low fertility rates, aging populations, and a declining workforce capable of supporting the growing dependency load, low-middle income countries are continuing to experience high fertility rates (though it is now just entering decline), and a significant youth population which is comparatively larger than the other age groups. Countries are opting to either maintain or raise their capacity for immigrants to address aging populations, a trend that is increasing all across the board. As this is the case, labour migration is projected to continue as a major response to these demographic trends.
