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This paper argues that openness to migration is heavily dependent upon (1) ideational and institutional factors, especially the willingness of states to guarantee a minimum basket of rights for migrants; (2) domestic political coalitions and alignments that are driven in part by factor...
Persistent link: https://www.econbiz.de/10005367543
Summary and discussion of the three papers in this session: "The trade, migration, and development nexus" by Philip L. Martin; "External and internal determinants of development" by Thomas Osang; and "Globalization and Mexican labor markets" by Raymond Robertson.
Persistent link: https://www.econbiz.de/10005367546
The flow of remittances to Latin American and Caribbean countries is the highest and fastest growing in the world, exceeding foreign direct investment and net official development assistance to the region. Remittances surpass tourism income and almost always exceed revenues from the largest...
Persistent link: https://www.econbiz.de/10005367551
This paper deals with migrants' role in stimulating development in their countries of origin, outlining the three major channels through which migration can affect development: recruitment, remittances, and returns. It next turns to the North American Free Trade Agreement (NAFTA), assessing the...
Persistent link: https://www.econbiz.de/10005367555
As Rodrik, Subramanian, and Trebbi (2004) point out, factors that affect economic development can be classified using a two-tier approach. Based on a standard production function, inputs such as labor and physical and human capital directly affect per capita income. Much of the empirical...
Persistent link: https://www.econbiz.de/10005367562
Simple, neoclassical economic models predict that prices should drive factors such as labor and capital across regions and countries toward their most valuable use. As this happens, developing countries, which are typically labor-rich and capital-scarce, should experience more rapid growth,...
Persistent link: https://www.econbiz.de/10005367566
Given the intensity of the current debate about the impact of globalization on brain drain in the Third World and inequality in the First World, it might be useful to look at these forces during the first global century, ending in 1914. This paper reviews what we know about the impact of trade...
Persistent link: https://www.econbiz.de/10005712238
Migrant remittances have become a major source of external development finance. They can play an effective role in reducing poverty. And they provide a convenient angle for approaching the complex migration agenda. ; Remittances are personal flows from migrants to their friends and families and...
Persistent link: https://www.econbiz.de/10005712240
The economic migration of people has lagged substantially behind that of capital and trade. That's largely because barriers to the movement of people remain high. Pressures for enhanced migration are rising, certainly in the less-developed origin (O) countries but also in some quarters of the...
Persistent link: https://www.econbiz.de/10005712245
The interactions among trade, international migration, and economic development in migrant-sending areas are complex, and paradoxes abound. This paper summarizes global trends in world migration and remittances, discusses some paradoxes surrounding the trade-migration-development relationship,...
Persistent link: https://www.econbiz.de/10005498413