Ideas to action: independent research for global prosperity
Research
Innovative, independent, peer-reviewed. Explore the latest economic research and policy proposals from CGD’s global development experts.
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May 09, 2024
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May 07, 2024
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April 23, 2024
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Research
WORKING PAPERS
August 27, 2009
The emigration of skilled workers from developing countries is often referred to as brain drain and considered something that should be limited. In this paper, resident fellow Michael Clemens takes the term to task and shows instead that a more open skill flow—a more accurate and neutral label...
WORKING PAPERS
August 06, 2009
What happens when capital and sophisticated goods flow uphill, from poorer to richer countries? With a new dataset of foreign direct investment and a measure of the sophistication of exports, CGD senior fellow Arvind Subramanian and his co-author Aaditya Mattoo find that developing countries sending...
WORKING PAPERS
May 20, 2009
Economists often use instrumental variables to demonstrate a causal relationship between some trait of a country and economic growth. In this new analysis, Samuel Bazzi and Michael Clemens show that a variety of instrumental variables used in top economics journals have severe but hidden limitations...