Books reviewed in this article: Richard Friberg - Exchange Rates and the Firm: Strategies to Manage Exposure and the Impact of EMU Stephen Cecchetti, Hans Genberg, John Lipsky, and Sunil Wadhwani - Asset Prices and the Central Bank Policy Michael J. Greenwood and John M. McDowell - Legal U.S....

In most destination countries, immigration policies are increasingly tilted toward the most skilled individuals. Whether this shift hurts economic prospects in sending countries, as argued by the traditional brain drain literature, is somewhat controversial. The most recent literature has...