George Soros Has A Comprehensive Plan For The European Refugee Crisis

In a recent article in MarketWatch written by George Soros, he states that the European Union is at fault for a lack of refugee asylum policy. The recent influx of refugees from Syria has turned into a critical problem and humanitarian crisis. He also states that each member has had only their countries intentions at heart and that because there was a lack of compliance and teamwork now, the panic-stricken asylum seekers are doing without and there is nowhere to put them. George Soros feels the EU needs a comprehensive plan. He also believes this program needs to encompass more than just Europe. He believes there needs to be a generalized plan to govern policy regarding refugees and asylum-seekers.

He writes that Syrian refugees on need to be the priority. But we must also remember the other migrants as well. He feels like the Syrian refugees should be spread out over a larger number of states and there should be standards and protocol for dealing with forced migration. George Soros lays out a comprehensive plan:

The first step of his detailed plan on is that he feels that 1 million asylum-seekers annually should be accepted. He also says that the European Union should provide $16,800 per Asylum Seeker for the first two years. This should cover costs of living and Healthcare, and he feels that this makes accepting refugees needs your pill to swallow. George Soros believes that the funds can be raised by issuing long-term bonds which will provide a boost to the European economy. He also feels that it is the refugees right to have a preference to where they will be placed. The second part of the program is that the European Union must make an effort to provide funding for Lebanon, Jordan, and Turkey. There are presently four million refugees in those countries. The European Union would have to make a contribution of 8 to 10 billion euros to those countries which could be added to the long-term bonds. The third point is that the European Union must build a single asylum immigration agency. A system of communication must be established with the migrants by creating safe channels of communication and providing the ability to get from Greece and Italy to the country they are trying to make their destination. The fifth piece of the plan is to establish operational and financial arrangements to create global standards on for these asylum-seekers. And finally, take in the migrants and integrate them into the communities Church groups and businesses which would act as sponsors.

George Soros is a billionaire investor that has substantial political influence. Originally born August 12th, 1930 in Hungary he later became a citizen of the United States. He is the chairman of the Soros fund management and is considered the man who broke the Bank of England. He got this title because he made a short sale in one day, a record 1 billion in one day during the Black Wednesday crisis. Soros is American liberal and humanitarian.

The Role Of Economists In Economic Development

Economics is concerned with the analysis of distribution, production and how goods and services are consumed. It applies maths to study how society behaves in different settings. Economists can evaluate and tell society about itself. However, many people confuse economics with Finance; and because money is the most widely used medium of economics exchange, the two are dependent on each other to a very great deal.

It is, however, important to note that economists do not control the economy. They simply analyze the costs involved in distributing goods and services. They conduct research, analyze and collect data, monitor how economic trends are doing and come up with forecasts. Economists are also not limited to the nature of the research they are conducting. They can conduct research on energy, employment, rent rates, prices of goods on the farms and many others areas.

Economists use their knowledge of relationships in economics to advise businesses like banks, insurance companies, industries and many others on the most appropriate action to take so as to be on the safest side. Theoretical economists use mathematical models to come up with theories that cause inflation, effects of unemployment and tax legislation and many others.

These professionals devise methods and procedures to obtain the data that they need depending on the topic. When conducting surveys, for example, they use sampling techniques. When developing forecasts, on the other hand, they use econometric modeling techniques. An economist also does a lot of report preparation. He/she reviews and analyzes data, prepares tables and charts, and sums up by writing the report in a language that is concise and clear. The ability to present economic and statistical concepts in a way that is clearly understood is a very vital component for economists who are policy oriented.

Economists, who work for government agencies, are always researching. They assess conditions in their country as well as in other countries. Most of these professionals are in the fields of agriculture, urban economics, utilities, business, labor, and finance.

Christian Broda is a well-respected economist. He has been the Managing Director of Duquesne Capital Management, and a Professor at the University of Chicago. He is also a Ph.D. holder from the Massachusetts Institute of Technology. He is a respected member of the National Bureau of Economic Research and an associate editor of the Journal of Development Economics. He has made an immense contribution to seeing that the society is well informed on all matters related to economic development.