[Journal:] IZA World of Labor [ISSN:] 2054-9571 [Year:] 2015 [Issue:] 205
In today’s globalized world, people are increasingly mobile and often need to communicate across different languages. Learning a new language is an investment in human capital. Migrants must learn the language of their destination country, but even non-migrants must often learn other languages if their work involves communicating with foreigners. Economic studies have shown that fluency in a dominant language is important to economic success and increases economic efficiency. However, maintaining linguistic diversity also has value since language is also an expression of people’s culture.
language human capital immigration lingua franca English linguistic diversity