Free to move: beyond the border.
Author | Watkins, Tate |
Position | Citings - Brief article |
ALLOWING JUST 5 percent of people from poor countries to emigrate to wealthier countries may increase global GDP by several trillion dollars a year. That's the conclusion of a paper published in the Summer 2011 issue of the Journal of Economic Perspectives, by Michael Clemens, an economist at the Center for Global Development and a visiting scholar at New York University, who surveys research on global mobility and finds that the gains from a g percent increase in immigration would exceed the gains from eliminating all government-imposed barriers to the global flow of goods and capital.
One reason a little more immigration adds so much value is...
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