Free Content People Flows in Globalization

 Download
(PDF 135 kb)
 
Download Article:

Abstract:

The policy debate over globalization in the past decade has largely bypassed the international mobility of labor. Restrict trade and cries of protectionism resound. Suggest linking labor standards to trade and it's protectionism in disguise. Limit capital flows and the International Monetary Fund is on your back. But restrict people flows? That's just an accepted exercise of national sovereignty! During the last few decades, when most countries reduced barriers to trade in goods and services and liberalized financial capital markets, most also sought to limit immigration. In this essay, I examine what we know about the causes and consequences of immigration. I argue that people flows are fundamental to creating a global economy and that the interplay among immigration, capital and trade is essential to understanding the way globalization affects economies. I consider ways to reduce barriers to immigration that could improve the well-being of workers around the world.

Document Type: Research Article

DOI: http://dx.doi.org/10.1257/089533006777640933

Publication date: March 1, 2006

More about this publication?
  • The Journal of Economic Perspectives (JEP) attempts to fill a gap between the general interest press and most other academic economics journals. The journal aims to publish articles that will serve several goals: to synthesize and integrate lessons learned from active lines of economic research; to provide economic analysis of public policy issues; to encourage cross-fertilization of ideas among the fields of thinking; to offer readers an accessible source for state-of-the-art economic thinking; to suggest directions for future research; to provide insights and readings for classroom use; and to address issues relating to the economics profession.
  • Editorial Board
  • Information for Authors
  • Subscribe to this Title
  • Membership Information
  • Terms & Conditions
  • e-Publications for AEA Members
  • AEAweb
  • ingentaconnect is not responsible for the content or availability of external websites
Related content

Share Content

Access Key

Free Content
Free content
New Content
New content
Open Access Content
Open access content
Subscribed Content
Subscribed content
Free Trial Content
Free trial content
Cookie Policy
X
Cookie Policy
ingentaconnect website makes use of cookies so as to keep track of data that you have filled in. I am Happy with this Find out more