The receiving society's economy refers to the overall financial system and productivity within a country that receives immigrants. It includes various aspects such as employment rates, GDP growth, wages, trade dynamics, and consumption patterns.
Related terms
Labor Market: The labor market refers to the supply of available workers (both native-born and immigrants) seeking employment opportunities within an economy.
Economic Integration: Economic integration refers to the degree in which immigrants become incorporated into the receiving society's economic activities through education, employment, entrepreneurship, etc.
Remittances: Remittances are money transfers sent by immigrants back to their home countries. They can have significant impacts on both the receiving society's economy and sending countries' economies.