An Economic Take on the Refugee Crisis – A Macroeconomic Assessment for the EU

European Economy Institutional Papers are important reports and communications from the European Commission to the Council of the European Union and the European Parliament on the economy and economic developments.

This report focuses on asylum seekers and refugees, presenting a first assessment of the impacts of the unexpected inflows of these individuals on the economies of the EU. One has to keep in mind that the size, scope and composition of the flows varied, as well as the capacity of host countries to integrate those that were granted protection and the number of individuals who remained in host countries whether or not they were granted protection.