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Independent research & practical ideas for global prosperity
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Independent research & practical ideas for global prosperity
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Global Prosperity Wonkcast
Archive for December, 2011Migration and the Trillion Dollar Bills on the Sidewalk: Michael ClemensDecember 13, 2011Posted by Lawrence MacDonald in Migration and Development Tags: Migration and Development
In this Wonkcast, originally posted on September 7, 2011, Michael Clemens explains why one of the biggest growth opportunities in the world economy lies not in the mobility of goods or capital, but in the mobility of labor. His message remains relevant as International Migrants Day approaches on December 18th. In his recent blog, Clemens argues we have plenty of reason to celebrate the movement of people – and backs it up with economic evidence and history. If you found a trillion-dollar bill on the sidewalk, would you pick it up? Michael Clemens thinks he has found a bunch of such bills—huge gains to the poor people and the world economy that could be achieved by easing restrictions on cross-border labor mobility. He has written a working paper that sets forth a new research agenda on migration and is urging economists to pay more attention to the benefits of increased labor mobility for the people who move, the people and countries that receive them, and those who remain at home. In this week’s Wonkcast we discuss his four-point research agenda, and explore why some important questions about labor mobility are so rarely investigated. Podcast: Play in new window | Download Comment »Who Will Win Out? The Millennium Challenge Corporation’s Upcoming 2012 Selection – Casey DunningDecember 6, 2011Posted by Lawrence MacDonald in Aid Effectiveness, Latin America, Rethinking US Foreign Assistance Tags: Foreign Aid
On December 15th the Millennium Challenge Corporation (MCC), an innovative U.S. aid agency, is set to announce which countries will receive its unique development assistance. Casey Dunning, policy analyst at CGD and my guest on this week’s Wonkcast, provides insight and recommendations on how these countries will (and should) be selected. I catch Casey shortly after her return from Honduras, where she saw firsthand the positive impacts of an MCC compact on rural development and highway construction. Podcast: Play in new window | Download Comment »
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