21 August 2011

Important Sentences

Removing barriers to global migration could double world GDP. 
For the elimination of trade policy barriers and capital barriers, the estimated gains amount to less than a few percent of world GDP. For labor mobility barriers, the estimated gains are often in the range of 50–150 percent of world GDP.
Michael Clemens lays out a research agenda for how economists can constructively engage with an incredibly understudied subject.

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