International Migration
International Migration
The Next Frontier
We live in an asymmetric world. Despite considerable economic progress, the geographic and inter-generational equity deficit is a drag on future economic development. While governments encourage the transnational movement of goods and capital ironically there are several barriers to the movement of producers of these goods and the providers of these services. Should such a contradiction persist in the future, material progress and welfare could witness diminishing returns while raising human costs. International migration represents that facet of internationalism that has received little attention more by design than default. There is urgent need to move to a rule based binding set of broad principles that would require states to willingly cede some degree of their sovereignty on matters related to economic migration to a multilateral process.
Keywords: asymmetry, geographic, inter-generational, equity, deficit, welfare, rule-based, sovereignty, multilateral, internationalism, supply chains
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