Sebastian Mallaby writes in the Washington Post highlighting the possible gains to developing countries of a relaxation in the migration policies of rich countries.
In ” Let Their People Come ,” a new book published by the Center for Global Development, Lant Pritchett reports that if rich countries permitted extra immigration equivalent to 3 percent of their labor force, the citizens of poor countries would gain about $300 billion a year. That’s three times more than the direct gains from abolishing all remaining trade barriers, four times more than the foreign aid given by governments and 100 times more than the value of debt relief.
Quite so. Development assistance is only a small part of what developed nations can, and should, do to reduce global poverty.