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Sunday, January 24, 2016

Refugee crisis holds economic benefits for Turkey | Global Risk Insights

Refugee crisis holds economic benefits for Turkey
Refugee crisis holds economic benefits for Turkey
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by Jason Dozier , January 24, 2016

The UN High Commissioner for Refugees defined the Syrian crisis as the “biggest migration flow of history.” As a gateway to Europe, Turkey has been the first country to welcome Syrian refugees. How this massive influx of refugees is managed and economically integrated into society will determine Europe’s policy and public perceptions.

According to the United Nations, over 6 million Syrians have been forced to leave their homes, and around 4 million people have fled the country. In late 2015, Turkey sheltered more than 2.5 million refugees. Those alarming figures are feeding the European fear of being flooded by a wave of refugees. However, this misconception might hide economic opportunities.

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