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Scholar: Migrants a Short-term Cost, Long-term Help to Economy

The flood of refugees from Syria and other war-torn nations toward wealthy parts of Europe could, eventually, be good for the economies of Germany and some other nations, according to a scholar at the Peterson Institute for International Economics. Some other economists have been questioning whether Europe's economy can sustain the rapid influx. Jacob Kirkegaard says last year about 1 million migrants arrived in Europe, and this year may see a surge of hundreds of thousands of new...

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