CGD in the News

Migrating To Modernity [WP]

September 18, 2006

Sebastian Mallaby of the Washington Post cites, Let Their People Come, a new CGD book by Lant Pritchett in this recent Washington Post editorial looking at labor migration in terms of debt relief and aid for developing nations.

From the article:

In " Let Their People Come ," a new book published by the Center for Global Development, Lant Pritchett reports that if rich countries permitted extra immigration equivalent to 3 percent of their labor force, the citizens of poor countries would gain about $300 billion a year. That's three times more than the direct gains from abolishing all remaining trade barriers, four times more than the foreign aid given by governments and 100 times more than the value of debt relief.