{"id":411645,"date":"2011-05-01T01:36:53","date_gmt":"2011-05-01T01:36:53","guid":{"rendered":"http:\/\/www.ghanamma.net\/2011\/05\/01\/eu-immigrants-add-5bn-to-gdp\/"},"modified":"2011-05-01T01:36:53","modified_gmt":"2011-05-01T01:36:53","slug":"eu-immigrants-add-5bn-to-gdp","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2011\/05\/01\/eu-immigrants-add-5bn-to-gdp\/","title":{"rendered":"EU immigrants &#8216;add \u00a35bn to GDP&#8217;"},"content":{"rendered":"<p><div readability=\"76.2056530214\"><span><span>30 April 2011<\/span> <span>Last updated at<\/span> <span>21:36 ET<\/span><\/span><\/p>\n<p>Immigrants from eastern Europe have added almost \u00a35bn to Britain&#8217;s economy since 2004, according to a new report.<\/p>\n<p>The National Institute for Economic and Social Research says 700,000 people moved to the UK after their former communist homelands joined the EU.<\/p>\n<p>It believes they drove up British GDP by 0.38% in the years to 2009, the equivalent of \u00a34.91bn.<\/p>\n<p>The report says countries which imposed restrictions on eastern workers saw growth reduced because of this.<\/p>\n<p>Only the UK, Ireland and Sweden allowed free access from the start to workers from the eight 2004 accession countries, which included Poland, Latvia and Hungary.<\/p>\n<p>The last EU members to keep restrictions &#8212; Germany and Austria &#8212; lift them on Sunday.<\/p>\n<p><span>Economic output<\/span><\/p>\n<p>Between 2004 and 2009, an estimated 1.5 million people from eastern Europe came to the UK. It is thought 700,000 of them stayed, with half a million from Poland alone.<\/p>\n<p>During the same period Britain&#8217;s GDP grew by \u00a398bn, or 7.7%, and the NIESR study says that a 5% share of the \u00a398bn can be put down to the migrants.<\/p>\n<p>The NIESR says the UK probably benefited from the restrictions imposed by other member states. It says Germany will suffer a &#8220;permanent scar&#8221; on its level of output, with its GDP reduced by between 0.1 and 0.5%.<\/p>\n<p>One of the report&#8217;s authors, Dawn Holland, says that the final lifting of restrictions by all EU countries will make little difference to the situation.<\/p>\n<p>&#8220;Lifting barriers in Germany may divert some Polish and other workers away from the UK&#8221;, she says, &#8220;especially given the relative strength of the German economy&#8221;.<\/p>\n<p>&#8220;But as the existence of support networks for new migrants is one of the most important factors, much of the shift in migrants since 2004 is likely to prove permanent.&#8221;<\/p>\n<\/div>\n<p>See the article here:<br \/>\n<a target=\"_blank\" href=\"http:\/\/www.bbc.co.uk\/go\/rss\/int\/news\/-\/news\/uk-13251614\" title=\"EU immigrants 'add \u00a35bn to GDP'\" rel=\"noopener noreferrer\">EU immigrants &#8216;add \u00a35bn to GDP&#8217;<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p> 30 April 2011 Last updated at 21:36 ET Immigrants from eastern Europe have added almost \u00a35bn to Britain&#8217;s economy since 2004, according to a new report. <\/p>\n","protected":false},"author":0,"featured_media":411646,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":{"0":"post-411645","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-local-news"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.0 - 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