ASK THE AI: What grows an economy more or less, generous immigration or strict xenophobia?
[SIDER FUSION AI QUERY]
What grows an economy more or less, generous immigration or strict xenophobia?
[SIDER AI RESPONSE]
Generous immigration tends to grow an economy more than strict xenophobia. Immigration can bring in new skills, innovation, entrepreneurship, and consumer demand, all of which boost economic growth. It also helps address labor shortages and stimulates productivity.
In contrast, strict xenophobia can hinder economic growth by limiting talent, reducing diversity of ideas, and fostering social division. It often discourages investment and cooperation, which are essential for economic development.
Overall, openness and inclusivity generally foster more dynamic and resilient economies.