migration = development March 31, 2008Posted by AP in econ, immigration, international.
Tags: development, economics, gdp, immigration, lant pritchett, michael clemens, per capita, per natural
the center for global devlopment publishes a paper that suggests a new measure for wealth. (link from mr). i haven’t read the actual paper yet, but the following passage is from the abstract. something to think about the next time you vote on immigration laws:
migration is one of the most important sources of poverty reduction for a large portion of the developing world. If economic development is defined as rising human well being, then a residence-neutral measure of well-being emphasizes that crossing international borders is not an alternative to economic development, it is economic development.