Access the full report here.
Access the full report here.
Migration presents a stark policy dilemma. Research has repeatedly confirmed that migrants, their families back home, and the countries that welcome them all experience large economic gains. Easing immigration restrictions is one of the most effective tools for ending poverty and sharing prosperity across the globe. Yet, we see substantial opposition in destination countries where migrants are depicted as the primary causes of many of their economic problems, from high unemployment to declining social services.
Join us on June 15 for the launch of Moving for Prosperity: Global Migration and Labor Markets, a new World Bank Policy Research Report that addresses this conflict. In addition to providing comprehensive data and analysis based on a voluminous literature, the report argues for a series of policies that work with rather than against labor market forces. Policymakers should aim to smooth short-run migration-related dislocations to ensure that we share the long-term benefits more evenly and avoid draconian policy restrictions that will hurt everybody.
Moving for Prosperity aims to inform and stimulate policy debate, facilitate further research, and identify prominent knowledge gaps. It demonstrates why existing income gaps, demographic differences, and rapidly declining transportation costs mean migration will continue to be a key feature of our lives for generations to come. Its audience includes anyone interested in one of the most controversial policy debates of our time.
Shanta Devarajan is the Senior Director for Development Economics (DEC) and Acting Chief Economist of the World Bank Group. Previously, he was the Chief Economist of the World Bank¡¯s Middle East and North Africa Region. Since joining the World Bank in 1991, he has been a Principal Economist and Research Manager for Public Economics in the Development Research Group, and the Chief Economist of the Human Development Network, the South Asia Region and Africa Region.
A Turkish national and a professional migrant, Caglar received his undergraduate degrees in economics and industrial engineering from Cornell University and Ph.D. in economics from Stanford University. He is a fellow of IZA, CreAM and ERF. His research explores the nexus of globalization of product and labor markets, government policies and economic development.