CGD in the News

How Opening All Borders May Make Everyone A Whole Lot Richer (Fusion)

September 30, 2015

From the article: Hey, do you want to end all the poverty on earth? Then open all the borders! Now obviously, there is not a single person in American politics advocating for open borders, whether you’re a democratic socialist like Bernie Sanders, or a WWE personality turned Republican front-runner like Donald Trump.

This shouldn’t come as a surprise. The idea that we should defend our borders is taken as a basic assumption in American politics. The budget for border protection was $16.2 billion in 2014, and we spend it because we think hordes of people will come rushing in if we don’t have strong borders.

So the idea of opening our borders sounds crazy! In fact, it’s so crazy it just might work. According to economists who study the effects of free and open migration, it could actually double the global GDP.

Read full article here.