Exporters and importers of human capital
Today, capital also includes people, despite all the industrialization and even the predicted robotization and even artificial intelligence. All over the European Union (EU) and even in North America, there is said to be a shortage of labor or, in other words, human capital in certain industries. Some data on the worldometer confirm this. Europe had a negative population growth of -0.17%. In 2023, Europe counted just over 742 million people. As many as 792,167 migrants came to Europe with pleasure. Everything points to the fact that Europe is unable to motivate its inhabitants to increase the birth rate and has recapitalized its human capital through positive migration to Europe. And whether Europe needs human capital or not. Data on North America show that positive increases in migration cannot be avoided. North America had a positive population growth of 0.54%. Nevertheless, it had 1,249,364 additional migrations. Their birth rate also has a coefficient of 1.6, which is higher than t...