Founders not scroungers: There’s a business case for welcoming refugees

The Centre’s lead researcher, Maximilian Yoshioka, writes in City A.M. about the economic argument for welcoming more refugees.

Forced to flee from violence and persecution, countries accept refugees for humanitarian reasons. Nevertheless, there is a convincing economic rationale for welcoming them with open arms.

Here in the UK, official government data reveals that refugees are the most likely to be self-employed of all migrant groups (with migrants as a whole more likely to be entrepreneurs than the native-born). This corroborates recent research by the Centre for Entrepreneurs which found that foreign nationals start more companies per head than the UK-born.

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