> First, higher birth rate and net migrations are usually a (short-term) drag on GDP, not a boost. This was my thought as well. Germany has publicly declared t

> First, higher birth rate and net migrations are usually a (short-term) drag on GDP, not a boost. This was my thought as well. Germany has publicly declared that they will take 800k refugees (plus there are likely to be several hundred thousand undocumented immigrants). That will be a huge drag on their economy for a few years, but the long term result is projected to be very positive for their economy.