Relaxing immigration rules by just 3% in developed countries would generate more than $150bn for the world’s economy.
Leading economist Professor Sharun Mukand, from the Centre for Competitive Advantage in the Global Economy (CAGE) in the Department of Economics at the University of Warwick, presented a policy paper this week at Chatham House in London.
Professor Mukand said: “As a tool for development and poverty reduction, the potential gains from the globalisation of labour far outweigh those from foreign aid or the liberalisation of trade and capital flows across borders.
To read the full, original article click on this link: Relaxing immigration could generate billions for global economy | ScienceBlog.com
