Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/26990
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dc.contributor.authorRanis, Gustaven_US
dc.date.accessioned2009-08-06T09:44:35Z-
dc.date.available2009-08-06T09:44:35Z-
dc.date.issued2007en_US
dc.identifier.urihttp://hdl.handle.net/10419/26990-
dc.description.abstractMigration of the unskilled clearly benefits the origin country, mainly due to the flow of remittances but also if the departure of some raises the ability of others to migrate. This depends on whether trade is a complement or a substitute for migration. The impact of such flows on the destination country is more ambiguous, although most research indicates that wages and employment are not likely to be seriously affected. Migration of the skilled is ambiguous with respect to the origin country since the impact of brain drain on local development must be weighed against the signaling effect for additional education plus the contribution of remittances. With respect to the destination country, the inflow of skilled labor is generally considered an unambiguous plus as it contributes to the enhancement of productivity. The paper concludes with policy recommendations aimed at seizing the opportunities arising from the fact that international migration remains the most constrained element of globalization.en_US
dc.language.isoengen_US
dc.publisher|aYale Univ., Economic Growth Center|cNew Haven, Conn.en_US
dc.relation.ispartofseries|aCenter discussion paper // Economic Growth Center|x950en_US
dc.subject.jelO11en_US
dc.subject.jelO15en_US
dc.subject.ddc330en_US
dc.subject.keywordMigrationen_US
dc.subject.keywordtradeen_US
dc.subject.keywordglobalizationen_US
dc.titleMigration, trade, capital and development: substitutes, complements and policiesen_US
dc.type|aWorking Paperen_US
dc.identifier.ppn593316568en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-

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